ORMAT TECHNOLOGIES INC (ORA) Stock Technical Analysis
NYSE:ORA - New York Stock Exchange, Inc. - US6866881021 - Common Stock - Currency: USD
Overall ORA gets a technical rating of 8 out of 10. Although ORA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, ORA outperforms 64% of them, which is more or less in line with the market.
ORA is an average performer in the Independent Power and Renewable Electricity Producers industry, it outperforms 47% of 20 stocks in the same industry.
ORA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ORA is lagging the market slightly.
In the last month ORA has a been trading in the 70.71 - 76.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ORA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
62.48
74.84
We found 4 important support areas.
- A support zone ranging from 71.70 to 72.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @68.93 from a trend line in the daily time frame.
- Support @66.40 from a horizontal line in the daily time frame.
- A support zone ranging from 63.11 to 63.15. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 73.26 to 74.10. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS64.22
Mansfield-0.3
10 Day High76.77
10 Day Low71.66
20 Day High76.77
20 Day Low70.71
52 Week High84.3
52 Week Low61.58
Performance
1 Week0.67%
2 Weeks2.55%
1 Month1.89%
3 Month7.34%
6 Month-8.51%
12 Month0.44%
2 Year-13.2%
3 Year-12.02%
5 Year1.46%
10 Year99.11%
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)0.08
RSI(14)54.78
LBB70.81
UBB76.08
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 74.11 | 73.25 | 0.86 (1.16%) | 25.00% |
| An entry @74.11. This is a Buy Stop order right above the resistance zone. | An exit @73.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.86 points, which is 1.16%. | For a 0.29% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ORA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:ORA (5/21/2025, 11:22:15 AM)
72.82
-0.93 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.26%
1 Week0.67%
2 Weeks2.55%
1 Month1.89%
3 Month7.34%
6 Month-8.51%
12 Month0.44%
2 Year-13.2%
3 Year-12.02%
5 Year1.46%
10 Year99.11%
15 YearN/A
Volatility
ATR(14)1.8
ATR(20)%2.33%
ATR Inc-16.09%
Range Today0.79
ADR(20)1.61
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.22
Mansfield-0.3
10 Day High76.77
10 Day Low71.66
20 Day High76.77
20 Day Low70.71
52 Week High84.3
52 Week Low61.58
CS1 End73.53
CR1 Start74.08
Volume & EV
DER(3)-0.66%
DER(5)-0.08%
Volume38.64K
Volume Incr-3.9%
Vol(5)402.38K
Vol(50)465.89K