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 2024-10-04 View latest technical analysis

10 day averaged volume of Oramed Pharmaceuticals is 89170

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	2.35	2.41	2.41	2.35	0.869 times
03 Thu Oct 2024	2.41	2.36	2.42	2.35	0.761 times
02 Wed Oct 2024	2.39	2.40	2.42	2.36	0.529 times
01 Tue Oct 2024	2.40	2.42	2.42	2.35	1.197 times
30 Mon Sep 2024	2.44	2.47	2.54	2.44	1.154 times
27 Fri Sep 2024	2.48	2.39	2.55	2.39	1.035 times
26 Thu Sep 2024	2.40	2.42	2.44	2.40	0.687 times
25 Wed Sep 2024	2.39	2.35	2.42	2.35	1.064 times
24 Tue Sep 2024	2.35	2.35	2.43	2.35	1.21 times
23 Mon Sep 2024	2.33	2.35	2.39	2.32	0.986 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 2.3 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.41 as target.

Share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Target	2.00
Downside Target	2.10
Downside Target	2.28
Upside Target	2.42
Upside Target	2.54
Upside Target	2.55
Upside Target	2.57
Upside Target	2.67
Upside Target	2.75
Upside Target	2.78

Intraday share price targets for Oramed Pharmaceuticals (ORMP)

Target Type	Value
Downside Intraday Target	2.29
Downside Intraday Target	2.22
Upside Intraday Target	2.48
Upside Intraday Target	2.6
Upside Intraday Target	2.41

Weekly technical analysis of Oramed Pharmaceuticals (ORMP)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	2.35	2.47	2.54	2.35	0.905 times
27 Fri Sep 2024	2.48	2.35	2.55	2.32	1.02 times
20 Fri Sep 2024	2.31	2.46	2.54	2.28	0.719 times
13 Fri Sep 2024	2.49	2.32	2.75	2.30	1.491 times
06 Fri Sep 2024	2.35	2.38	2.44	2.30	6.243 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
04 Fri Oct 2024	2.35	2.42	2.42	2.35	0.15 times
30 Mon Sep 2024	2.44	2.38	2.75	2.28	0.736 times
30 Fri Aug 2024	2.39	2.46	2.57	2.10	1.397 times
31 Wed Jul 2024	2.55	2.56	2.67	2.35	0.455 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 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 getting stronger in this stock.

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 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 2.39 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 is giving positive 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.