ORMAT TECHNOLOGIES INC (ORA) Stock Technical Analysis
NYSE:ORA - New York Stock Exchange, Inc. - US6866881021 - Common Stock
Taking everything into account, ORA scores 0 out of 10 in our technical rating. ORA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than ORA.
ORA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ORA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ORA is part of the Independent Power and Renewable Electricity Producers industry. There are 21 other stocks in this industry, ORA did better than 44% of them.
Although the technical rating is bad, ORA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
64.40
83.41
We can see 4 important resistance areas.
- Resistance @65.92 from a trend line in the daily time frame.
- A resistance zone ranging from 67.40 to 69.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 74.55 to 75.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 81.44 to 82.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.33
Mansfield-1.57
10 Day High70.38
10 Day Low65.02
20 Day High70.51
20 Day Low65.02
52 Week High84.3
52 Week Low59.41
Performance
1 Week-0.03%
2 Weeks-3.57%
1 Month-1.1%
3 Month-15.75%
6 Month-14.98%
12 Month2.09%
2 Year-28.2%
3 Year-2.51%
5 Year-16.16%
10 Year148.41%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.24
RSI(14)36.76
LBB65.27
UBB70.18
ORMAT TECHNOLOGIES INC
NYSE:ORA (1/22/2025, 2:11:18 PM)
65.055
-1.39 (-2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-2.1%
1 Week-0.03%
2 Weeks-3.57%
1 Month-1.1%
3 Month-15.75%
6 Month-14.98%
12 Month2.09%
2 Year-28.2%
3 Year-2.51%
5 Year-16.16%
10 Year148.41%
15 YearN/A
Volatility
ATR(14)1.73
ATR(20)%2.66%
ATR Inc-25.6%
Range Today1.72
ADR(20)1.52
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.33
Mansfield-1.57
10 Day High70.38
10 Day Low65.02
20 Day High70.51
20 Day Low65.02
52 Week High84.3
52 Week Low59.41
CS1 End65.92
CR1 Start67.4
Volume & EV
DER(3)-3.71%
DER(5)-3.67%
Volume326.24K
Volume Incr-45.6%
Vol(5)512.66K
Vol(50)658.42K