(ORA) Ormat Technologies complete technical analysis [charts+indicators] | Buy/Sell Ormat Technologies | (ORA) share price targets
Complete technical analysis of Ormat Technologies (ORA) by charts plus indicators, forecast predictions and share price targets for Ormat Technologies (ORA)
Ormat Technologies trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-09-16 View latest technical analysis
10 day averaged volume of Ormat Technologies is 242849
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 75.06 | 75.75 | 75.75 | 74.12 | 1.606 times |
| 13 Fri Sep 2024 | 75.93 | 75.18 | 76.30 | 74.49 | 1.281 times |
| 12 Thu Sep 2024 | 74.24 | 73.43 | 74.29 | 72.88 | 1.177 times |
| 11 Wed Sep 2024 | 73.70 | 72.95 | 73.95 | 72.71 | 1.033 times |
| 10 Tue Sep 2024 | 72.56 | 72.04 | 72.69 | 71.65 | 0.861 times |
| 09 Mon Sep 2024 | 72.01 | 72.46 | 72.74 | 71.82 | 1.098 times |
| 06 Fri Sep 2024 | 72.80 | 73.93 | 73.93 | 72.35 | 0.668 times |
| 05 Thu Sep 2024 | 73.68 | 73.49 | 74.04 | 73.01 | 0.747 times |
| 04 Wed Sep 2024 | 72.93 | 72.23 | 73.54 | 72.11 | 0.825 times |
| 03 Tue Sep 2024 | 72.72 | 73.52 | 73.96 | 72.11 | 1.285 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 74.7, but if it comes below 74.7, then a intra day sell could be more profitable.
If you take a sell trade below 74.7, then use 74.7 as stoploss and 73.72 as target. However if you take a buy trade in stock , then use 74.7 as stoploss and 75.9 as target.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 64.13 |
| Downside Target | 68.69 |
| Downside Target | 74.68 |
| Upside Target | 75.48 |
| Upside Target | 75.75 |
| Upside Target | 76.15 |
| Upside Target | 76.30 |
| Upside Target | 76.86 |
| Upside Target | 78.08 |
| Upside Target | 78.51 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 74.2 |
| Downside Intraday Target | 73.35 |
| Upside Intraday Target | 75.83 |
| Upside Intraday Target | 76.61 |
| Downside Intraday Target | 74.98 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 75.06 | 75.75 | 75.75 | 74.12 | 0.295 times |
| 13 Fri Sep 2024 | 75.93 | 72.46 | 76.30 | 71.65 | 1.546 times |
| 06 Fri Sep 2024 | 72.80 | 73.52 | 74.04 | 72.11 | 3.44 times |
| 30 Fri Aug 2024 | 74.53 | 74.41 | 74.68 | 73.03 | 0.177 times |
| 30 Fri Aug 2024 | 74.53 | 74.98 | 75.48 | 73.03 | 1.059 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Ormat Technologies (ORA)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 75.06 | 73.52 | 76.30 | 71.65 | 0.353 times |
| 30 Fri Aug 2024 | 74.53 | 77.21 | 78.08 | 70.55 | 0.749 times |
| 31 Wed Jul 2024 | 77.64 | 71.68 | 78.51 | 68.69 | 0.837 times |
| 28 Fri Jun 2024 | 71.70 | 75.54 | 76.86 | 69.49 | 1.247 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Ormat Technologies (ORA)
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Ormat Technologies stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Ormat Technologies in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ormat Technologies Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ormat Technologies in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ormat Technologies is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 73.73 and Ormat Technologies (ORA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Ormat Technologies (ORA) stock. Volume based technical analysis of Ormat Technologies (ORA) stock is negative.
Ormat Technologies Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Ormat Technologies stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Ormat Technologies in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ormat Technologies Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ormat Technologies in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ormat Technologies is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 73.73 and Ormat Technologies (ORA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Ormat Technologies (ORA) stock. Volume based technical analysis of Ormat Technologies (ORA) stock is negative.
Ormat Technologies Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.