(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 2024-12-13 View latest technical analysis
10 day averaged volume of Ormat Technologies is 608626
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 72.50 | 74.00 | 74.22 | 71.77 | 2.52 times |
| 12 Thu Dec 2024 | 74.20 | 76.75 | 76.96 | 73.60 | 4.061 times |
| 11 Wed Dec 2024 | 80.19 | 79.01 | 80.40 | 78.87 | 0.955 times |
| 10 Tue Dec 2024 | 79.37 | 78.49 | 79.60 | 78.01 | 0.756 times |
| 09 Mon Dec 2024 | 78.55 | 79.49 | 80.28 | 78.27 | 0.614 times |
| 26 Tue Nov 2024 | 81.13 | 81.54 | 81.86 | 80.65 | 0.472 times |
| 26 Tue Nov 2024 | 81.13 | 81.54 | 81.86 | 80.65 | 0.472 times |
| 25 Mon Nov 2024 | 82.02 | 81.61 | 83.17 | 81.61 | 0.834 times |
| 22 Fri Nov 2024 | 80.74 | 80.65 | 81.32 | 80.38 | 0.844 times |
| 21 Thu Nov 2024 | 80.08 | 79.22 | 80.52 | 78.92 | 0.599 times |
Stock of Ormat Technologies (ORA) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 74, for a target of 77.2 or 79.77
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 70.55 |
| Upside Target | 74.55 |
| Upside Target | 78.08 |
| Upside Target | 80.65 |
| Upside Target | 81.32 |
| Upside Target | 81.86 |
| Upside Target | 82.39 |
| Upside Target | 83.17 |
| Upside Target | 84.30 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 69.38 |
| Downside Intraday Target | 66.26 |
| Upside Intraday Target | 78.01 |
| Upside Intraday Target | 83.52 |
| Upside Intraday Target | 74.89 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 72.50 | 79.49 | 80.40 | 71.77 | 18.886 times |
| 26 Tue Nov 2024 | 81.13 | 81.54 | 81.86 | 80.65 | 0.361 times |
| 26 Tue Nov 2024 | 81.13 | 81.61 | 83.17 | 80.65 | 0.386 times |
| 22 Fri Nov 2024 | 80.74 | 78.88 | 81.32 | 78.28 | 0.821 times |
| 15 Fri Nov 2024 | 79.01 | 83.92 | 84.30 | 78.87 | 0.896 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ormat Technologies (ORA)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 72.50 | 79.49 | 80.40 | 71.77 | 0.612 times |
| 26 Tue Nov 2024 | 81.13 | 79.48 | 84.30 | 78.28 | 1.066 times |
| 31 Thu Oct 2024 | 79.02 | 76.77 | 82.39 | 74.55 | 1.252 times |
| 30 Mon Sep 2024 | 76.94 | 73.52 | 78.27 | 71.65 | 0.912 times |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ormat Technologies stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ormat Technologies in short term and the sell signal is strong.
Ormat Technologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ormat Technologies in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 76.68 and Ormat Technologies (ORA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ormat Technologies ( (ORA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ormat Technologies stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ormat Technologies in short term and the sell signal is strong.
Ormat Technologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ormat Technologies in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 76.68 and Ormat Technologies (ORA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.