Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-08 View latest technical analysis

10 day averaged volume of Oramed Pharmaceuticals is 111182

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	2.37	2.27	2.40	2.22	1.073 times
07 Wed Aug 2024	2.21	2.35	2.35	2.21	0.771 times
06 Tue Aug 2024	2.35	2.22	2.35	2.21	0.608 times
05 Mon Aug 2024	2.21	2.13	2.33	2.10	1.835 times
02 Fri Aug 2024	2.34	2.35	2.39	2.28	1.34 times
01 Thu Aug 2024	2.37	2.46	2.52	2.37	1.283 times
31 Wed Jul 2024	2.55	2.45	2.60	2.41	0.944 times
30 Tue Jul 2024	2.43	2.51	2.52	2.35	1.198 times
29 Mon Jul 2024	2.52	2.55	2.59	2.51	0.764 times
26 Fri Jul 2024	2.60	2.55	2.61	2.55	0.507 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.2 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.48 as target.

Share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Target	2.00
Downside Target	2.10
Downside Target	2.28
Downside Target	2.35
Upside Target	2.40
Upside Target	2.50
Upside Target	2.60
Upside Target	2.62
Upside Target	2.67
Upside Target	2.78
Upside Target	2.95

Intraday share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Intraday Target	2.18
Downside Intraday Target	1.99
Upside Intraday Target	2.48
Upside Intraday Target	2.59
Downside Intraday Target	2.29

Weekly technical analysis of Oramed Pharmaceuticals (ORMP)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	2.37	2.13	2.40	2.10	0.776 times
02 Fri Aug 2024	2.34	2.55	2.60	2.28	1.596 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

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
08 Thu Aug 2024	2.37	2.46	2.52	2.10	0.396 times
31 Wed Jul 2024	2.55	2.56	2.67	2.35	0.455 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

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 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 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 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 red color and prices are in or above 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Oramed Pharmaceuticals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.37 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.