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(ORMP) Oramed Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Oramed Pharmaceuticals | (ORMP) share price targets

Complete technical analysis of Oramed Pharmaceuticals (ORMP) by charts plus indicators, forecast predictions and share price targets for Oramed Pharmaceuticals (ORMP)

Oramed Pharmaceuticals trades in USA in Health Care sector.

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Oramed Pharmaceuticals is 112532

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	2.18	2.24	2.33	2.18	1.401 times
30 Thu May 2024	2.24	2.19	2.28	2.19	0.883 times
29 Wed May 2024	2.18	2.21	2.23	2.15	1.086 times
28 Tue May 2024	2.20	2.26	2.33	2.20	1.813 times
23 Thu May 2024	2.32	2.30	2.34	2.23	0.809 times
22 Wed May 2024	2.30	2.29	2.38	2.28	1.235 times
21 Tue May 2024	2.31	2.31	2.40	2.31	0.812 times
20 Mon May 2024	2.37	2.29	2.40	2.27	1.004 times
17 Fri May 2024	2.30	2.34	2.39	2.30	0.389 times
16 Thu May 2024	2.33	2.35	2.37	2.26	0.876 times

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 2.1, for a target of 2.3 or 2.34

Share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Target	2.10
Upside Target	2.23
Upside Target	2.32
Upside Target	2.40
Upside Target	2.48
Upside Target	2.55
Upside Target	2.58
Upside Target	2.65
Upside Target	2.95
Upside Target	3.29
Upside Target	3.45
Upside Target	3.67

Intraday share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Intraday Target	2.11
Downside Intraday Target	2.04
Upside Intraday Target	2.29
Upside Intraday Target	2.4
Upside Intraday Target	2.22

Weekly technical analysis of Oramed Pharmaceuticals (ORMP)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	2.18	2.26	2.33	2.15	1.343 times
23 Thu May 2024	2.32	2.29	2.40	2.23	0.998 times
17 Fri May 2024	2.30	2.40	2.49	2.26	1.272 times
10 Fri May 2024	2.40	2.38	2.55	2.32	0.975 times
03 Fri May 2024	2.35	2.46	2.48	2.24	1.086 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 Oramed Pharmaceuticals (ORMP)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	2.18	2.29	2.55	2.15	0.864 times
30 Tue Apr 2024	2.32	2.95	2.95	2.14	0.832 times
28 Thu Mar 2024	2.92	3.29	3.45	2.65	0.638 times
29 Thu Feb 2024	3.29	2.97	3.67	2.58	1.091 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 Oramed Pharmaceuticals (ORMP)

Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) 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 Oramed Pharmaceuticals ( (ORMP) ) 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 Oramed Pharmaceuticals ( (ORMP) ) 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 Oramed Pharmaceuticals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Oramed Pharmaceuticals in short term and the sell signal is strong.

Oramed Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Oramed Pharmaceuticals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Oramed Pharmaceuticals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.26 and Oramed Pharmaceuticals (ORMP) 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 Oramed Pharmaceuticals (ORMP) stock. Volume based technical analysis of Oramed Pharmaceuticals (ORMP) stock is negative.

Oramed Pharmaceuticals 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.