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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 2024-07-30 View latest technical analysis

10 day averaged volume of Oramed Pharmaceuticals is 76198

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	2.43	2.51	2.52	2.35	1.748 times
29 Mon Jul 2024	2.52	2.55	2.59	2.51	1.114 times
26 Fri Jul 2024	2.60	2.55	2.61	2.55	0.74 times
25 Thu Jul 2024	2.54	2.59	2.63	2.52	1.093 times
24 Wed Jul 2024	2.58	2.61	2.67	2.56	1.403 times
23 Tue Jul 2024	2.63	2.59	2.66	2.59	1.282 times
22 Mon Jul 2024	2.59	2.55	2.60	2.53	0.537 times
19 Fri Jul 2024	2.55	2.50	2.58	2.50	0.474 times
18 Thu Jul 2024	2.52	2.54	2.59	2.51	1.125 times
17 Wed Jul 2024	2.57	2.53	2.60	2.52	0.895 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 2.4, for a target of 2.5 or 2.54

Share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Target	2.00
Downside Target	2.14
Downside Target	2.35
Downside Target	2.41
Upside Target	2.50
Upside Target	2.65
Upside Target	2.67
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	2.32
Downside Intraday Target	2.22
Upside Intraday Target	2.56
Upside Intraday Target	2.7
Upside Intraday Target	2.46

Weekly technical analysis of Oramed Pharmaceuticals (ORMP)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	2.43	2.55	2.59	2.35	0.566 times
26 Fri Jul 2024	2.60	2.55	2.67	2.52	1.022 times
19 Fri Jul 2024	2.55	2.51	2.60	2.50	0.809 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

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
30 Tue Jul 2024	2.43	2.56	2.67	2.35	0.43 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 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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 2.54 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 positive

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