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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 2024-07-16 View latest technical analysis

10 day averaged volume of Oramed Pharmaceuticals is 80740

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	2.56	2.54	2.60	2.54	1.262 times
15 Mon Jul 2024	2.53	2.51	2.60	2.51	1.053 times
12 Fri Jul 2024	2.52	2.51	2.58	2.50	1.324 times
11 Thu Jul 2024	2.49	2.53	2.56	2.47	0.959 times
10 Wed Jul 2024	2.49	2.49	2.50	2.45	0.695 times
09 Tue Jul 2024	2.50	2.52	2.53	2.41	1.377 times
08 Mon Jul 2024	2.52	2.56	2.62	2.50	1.413 times
05 Fri Jul 2024	2.56	2.54	2.58	2.54	0.923 times
03 Wed Jul 2024	2.54	2.56	2.65	2.52	0.624 times
03 Wed Jul 2024	2.54	2.56	2.65	2.52	0.624 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2.6 as stoploss in an intra day sell trade for a target of 2.47. However, stock will show a bullish move above 2.6.

Share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Target	2.00
Downside Target	2.14
Downside Target	2.41
Downside Target	2.51
Upside Target	2.65
Upside Target	2.78
Upside Target	2.95
Upside Target	3.45

Intraday share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Intraday Target	2.51
Downside Intraday Target	2.47
Upside Intraday Target	2.6
Upside Intraday Target	2.65
Downside Intraday Target	2.56

Weekly technical analysis of Oramed Pharmaceuticals (ORMP)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	2.56	2.51	2.60	2.51	0.401 times
12 Fri Jul 2024	2.52	2.56	2.62	2.41	3.729 times
05 Fri Jul 2024	2.56	2.56	2.65	2.52	0.474 times
03 Wed Jul 2024	2.54	2.56	2.65	2.52	0.142 times
28 Fri Jun 2024	2.57	2.27	2.78	2.14	4.745 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
16 Tue Jul 2024	2.56	2.56	2.65	2.41	0.244 times
28 Fri Jun 2024	2.57	2.17	2.78	2.00	2.118 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

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 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 Oramed Pharmaceuticals ( (ORMP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Oramed Pharmaceuticals ( (ORMP) ) based on a short to mid 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 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 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 and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Oramed Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Oramed Pharmaceuticals in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 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 2.52 and Oramed Pharmaceuticals (ORMP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.