(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 2024-06-05 View latest technical analysis
10 day averaged volume of Oramed Pharmaceuticals is 130865
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 2.21 | 2.15 | 2.27 | 2.10 | 1.252 times |
| 04 Tue Jun 2024 | 2.16 | 2.17 | 2.22 | 2.15 | 1.107 times |
| 03 Mon Jun 2024 | 2.21 | 2.17 | 2.24 | 2.15 | 1.116 times |
| 31 Fri May 2024 | 2.18 | 2.24 | 2.33 | 2.18 | 1.205 times |
| 30 Thu May 2024 | 2.24 | 2.19 | 2.28 | 2.19 | 0.76 times |
| 29 Wed May 2024 | 2.18 | 2.21 | 2.23 | 2.15 | 0.934 times |
| 28 Tue May 2024 | 2.20 | 2.26 | 2.33 | 2.20 | 1.559 times |
| 23 Thu May 2024 | 2.32 | 2.30 | 2.34 | 2.23 | 0.695 times |
| 22 Wed May 2024 | 2.30 | 2.29 | 2.38 | 2.28 | 1.062 times |
| 21 Tue May 2024 | 2.31 | 2.31 | 2.40 | 2.31 | 0.698 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.2 as stoploss in an intra day buy trade for a target of 2.31. However, stock will show a bearish move below 2.2.
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 | 2.49 |
| Upside Target | 2.55 |
| Upside Target | 2.58 |
| Upside Target | 2.65 |
| Upside Target | 2.95 |
| Upside Target | 3.45 |
| Upside Target | 3.67 |
Intraday share price targets for Oramed Pharmaceuticals (ORMP)
| Target Type | Value |
| Downside Intraday Target | 2.12 |
| Downside Intraday Target | 2.02 |
| Upside Intraday Target | 2.29 |
| Upside Intraday Target | 2.36 |
| Downside Intraday Target | 2.19 |
Weekly technical analysis of Oramed Pharmaceuticals (ORMP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 2.21 | 2.17 | 2.27 | 2.10 | 0.78 times |
| 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 |
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 Oramed Pharmaceuticals (ORMP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 2.21 | 2.17 | 2.27 | 2.10 | 0.226 times |
| 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 |
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 Oramed Pharmaceuticals (ORMP)
Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) 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 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 BUY signal for Oramed Pharmaceuticals in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Oramed Pharmaceuticals in short term but BUY signal is weak.
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
Although the stock is in the SELL zone, but selling 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 2.22 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.
Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) 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 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 BUY signal for Oramed Pharmaceuticals in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Oramed Pharmaceuticals in short term but BUY signal is weak.
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
Although the stock is in the SELL zone, but selling 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 2.22 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.