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(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 2024-12-30 View latest technical analysis

10 day averaged volume of Ormat Technologies is 1051473

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	68.44	68.10	68.67	67.01	0.443 times
27 Fri Dec 2024	67.91	68.77	69.27	67.36	1.096 times
26 Thu Dec 2024	69.25	70.27	70.29	68.98	0.421 times
24 Tue Dec 2024	70.25	70.51	70.51	69.46	0.446 times
23 Mon Dec 2024	68.75	69.47	69.48	67.72	0.776 times
20 Fri Dec 2024	67.52	66.35	68.73	66.35	1.843 times
19 Thu Dec 2024	67.12	67.46	69.04	67.10	1.33 times
18 Wed Dec 2024	67.19	71.47	71.70	67.18	0.933 times
17 Tue Dec 2024	71.47	73.11	73.65	71.28	0.765 times
16 Mon Dec 2024	73.07	72.98	74.85	72.68	0.931 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 68.5, but if it comes above 68.5, then a intra day buy could be more profitable.
If you take a sell trade below 68.5, then use 68.5 as stoploss and 61.9 as target. However if you take a buy trade in stock , then use 68.5 as stoploss and 74.04 as target.

Share price targets for Ormat Technologies (ORA)

Target Type	Value
Downside Target	66.35
Upside Target	70.51
Upside Target	74.55
Upside Target	78.08
Upside Target	78.27
Upside Target	78.28
Upside Target	80.40
Upside Target	80.65
Upside Target	81.86
Upside Target	82.39
Upside Target	84.30

Intraday share price targets for Ormat Technologies (ORA)

Target Type	Value
Downside Intraday Target	67.41
Downside Intraday Target	66.38
Upside Intraday Target	69.07
Upside Intraday Target	69.7
Downside Intraday Target	68.04

Weekly technical analysis of Ormat Technologies (ORA)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	68.44	68.10	68.67	67.01	0.162 times
27 Fri Dec 2024	67.91	69.47	70.51	67.36	0.472 times
20 Fri Dec 2024	67.52	72.98	74.85	66.35	1.126 times
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

Price has moved up 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
30 Mon Dec 2024	68.44	79.49	80.40	66.35	1.678 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, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 moving up

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 negative zone. This is the SELL zone

Stock of Ormat Technologies is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 68.75 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.