ORMAT TECHNOLOGIES INC (ORA) Stock Technical Analysis
NYSE:ORA - New York Stock Exchange, Inc. - US6866881021 - Common Stock - Currency: USD
Taking everything into account, ORA scores 2 out of 10 in our technical rating. In the past year, ORA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ORA is a bad performer in the overall market: 69% of all stocks are doing better.
ORA is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 63% of 20 stocks in the same industry do better.
In the last month ORA has a been trading in the 61.58 - 69.97 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ORA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ORA is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ORA is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
61.85
83.20
When analyzing the support we notice one important area.
- A support zone ranging from 62.47 to 63.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 68.83 to 69.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 81.44 to 82.38. 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
CRS31.01
Mansfield-1.1
10 Day High69.97
10 Day Low62.27
20 Day High69.97
20 Day Low61.58
52 Week High84.3
52 Week Low59.41
Performance
1 Week9.43%
2 Weeks7.18%
1 Month5.04%
3 Month-14.76%
6 Month-7.82%
12 Month6.81%
2 Year-18.58%
3 Year-3.55%
5 Year-1.23%
10 Year101.82%
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)0.9
RSI(14)62.06
LBB60.46
UBB68.72
68.82
-0.47 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.68%
1 Week9.43%
2 Weeks7.18%
1 Month5.04%
3 Month-14.76%
6 Month-7.82%
12 Month6.81%
2 Year-18.58%
3 Year-3.55%
5 Year-1.23%
10 Year101.82%
15 YearN/A
Volatility
ATR(14)1.75
ATR(20)%2.53%
ATR Inc95.22%
Range Today2.01
ADR(20)1.6
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.01
Mansfield-1.1
10 Day High69.97
10 Day Low62.27
20 Day High69.97
20 Day Low61.58
52 Week High84.3
52 Week Low59.41
CS1 End63.15
CR1 Start68.83
Volume & EV
DER(3)-0.67%
DER(5)-0.77%
Volume518.40K
Volume Incr8.39%
Vol(5)543.86K
Vol(50)683.22K