(ORA) Ormat Technologies complete technical analysis [charts+indicators] | Buy/Sell Ormat Technologies | (ORA) share price targets
Complete technical analysis of Ormat Technologies (ORA) by charts plus indicators, forecast predictions and share price targets for Ormat Technologies (ORA)
Ormat Technologies trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-05-01 View latest technical analysis
10 day averaged volume of Ormat Technologies is 602630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 65.74 | 64.36 | 66.83 | 64.13 | 0.639 times |
| 30 Tue Apr 2024 | 63.83 | 63.68 | 64.00 | 63.32 | 0.621 times |
| 29 Mon Apr 2024 | 64.48 | 63.68 | 64.75 | 63.64 | 0.877 times |
| 26 Fri Apr 2024 | 63.11 | 63.55 | 63.92 | 62.51 | 1.139 times |
| 25 Thu Apr 2024 | 63.78 | 64.36 | 64.69 | 63.15 | 0.768 times |
| 24 Wed Apr 2024 | 64.99 | 64.75 | 65.13 | 64.21 | 0.751 times |
| 23 Tue Apr 2024 | 65.17 | 64.50 | 65.58 | 64.50 | 0.593 times |
| 22 Mon Apr 2024 | 64.57 | 64.42 | 64.89 | 63.84 | 0.686 times |
| 19 Fri Apr 2024 | 63.75 | 62.61 | 63.78 | 62.34 | 2.066 times |
| 18 Thu Apr 2024 | 62.92 | 62.74 | 63.13 | 61.86 | 1.101 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65.5, but if it comes below 65.5, then a intra day sell could be more profitable.
If you take a sell trade below 65.5, then use 65.5 as stoploss and 63.97 as target. However if you take a buy trade in stock , then use 65.5 as stoploss and 67.4 as target.
Share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Target | 59.41 |
| Downside Target | 62.51 |
| Downside Target | 65.58 |
| Upside Target | 66.29 |
| Upside Target | 66.53 |
| Upside Target | 66.83 |
| Upside Target | 68.32 |
| Upside Target | 69.81 |
| Upside Target | 76.88 |
Intraday share price targets for Ormat Technologies (ORA)
| Target Type | Value |
| Downside Intraday Target | 63.76 |
| Downside Intraday Target | 61.79 |
| Upside Intraday Target | 67.27 |
| Upside Intraday Target | 68.81 |
| Downside Intraday Target | 65.3 |
Weekly technical analysis of Ormat Technologies (ORA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 65.74 | 63.68 | 66.83 | 63.32 | 0.543 times |
| 26 Fri Apr 2024 | 63.11 | 64.42 | 65.58 | 62.51 | 0.57 times |
| 19 Fri Apr 2024 | 63.75 | 64.38 | 64.38 | 59.41 | 1.567 times |
| 12 Fri Apr 2024 | 64.30 | 64.13 | 66.53 | 63.78 | 1.489 times |
| 05 Fri Apr 2024 | 63.73 | 65.96 | 66.29 | 63.02 | 0.925 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 Ormat Technologies (ORA)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 65.74 | 64.36 | 66.83 | 64.13 | 0.032 times |
| 30 Tue Apr 2024 | 63.83 | 65.96 | 66.53 | 59.41 | 1.385 times |
| 28 Thu Mar 2024 | 66.19 | 65.14 | 69.81 | 63.01 | 0.893 times |
| 29 Thu Feb 2024 | 65.15 | 65.37 | 68.32 | 62.72 | 0.948 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 Ormat Technologies (ORA)
Price action analysis of Ormat Technologies ( (ORA) ) 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 Ormat Technologies ( (ORA) ) 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 Ormat Technologies ( (ORA) ) based on a short to mid 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 Ormat Technologies ( (ORA) ) 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 Ormat Technologies stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ormat Technologies 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.
Ormat Technologies Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 Ormat Technologies in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Ormat Technologies is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 64.04 and Ormat Technologies (ORA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Ormat Technologies (ORA) stock. Volume based technical analysis of Ormat Technologies (ORA) stock is negative.
Ormat Technologies Stock is giving positive 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.
Price action analysis of Ormat Technologies ( (ORA) ) 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 Ormat Technologies ( (ORA) ) 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 Ormat Technologies ( (ORA) ) based on a short to mid 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 Ormat Technologies ( (ORA) ) 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 Ormat Technologies stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Ormat Technologies 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.
Ormat Technologies Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 Ormat Technologies in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Ormat Technologies is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 64.04 and Ormat Technologies (ORA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Ormat Technologies (ORA) stock. Volume based technical analysis of Ormat Technologies (ORA) stock is negative.
Ormat Technologies Stock is giving positive 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.