Logo image of ORA

ORMAT TECHNOLOGIES INC (ORA) Stock Technical Analysis

NYSE:ORA - New York Stock Exchange, Inc. - US6866881021 - Common Stock - Currency: USD

89.83  +1.51 (+1.71%)

After market: 89.83 0 (0%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to ORA. Both in the recent history as in the last year, ORA has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
ORA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ORA has a been trading in the 82.33 - 90.07 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ORA is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ORA is part of the Independent Power and Renewable Electricity Producers industry. There are 19 other stocks in this industry, ORA did better than 44% of them.
Weekly and Daily overview Charts
ORMAT TECHNOLOGIES INC / ORA Weekly stock chart
ORMAT TECHNOLOGIES INC / ORA Daily stock chart
Setup Rating and Analysis

6

Although ORA has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

62.48

90.74

We found 4 important support areas.

  • A support zone ranging from 83.76 to 84.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 76.32 to 76.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @72.43 from a trend line in the daily time frame.
  • A support zone ranging from 63.11 to 63.93. 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 89.84 to 89.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ORA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ORA is up.
ChartMill Relative Strength80.25POSITIVEORA has a high relative strength, it outperformed 80.25% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ORA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ORA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ORA is above the rising SMA(200).
Relative Strength Index/RSI (14)70.62OVERBOUGHTThe high RSI value suggests ORA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.14NEGATIVEThe MACD value suggests ORA has a negative trend, although the MACD value is rising.
Stochastics (14,3)91.42OVERBOUGHTThe high Stochastics value suggests ORA may be overbought.
Average True Range in percent/ATR (20)1.95LOW VOLATILITYThe low ATR as a percentage value for ORA suggests low volalility.
Average Directional Index/ADX (14)38.87POSITIVEThe high ADX value value for ORA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
89.8585.544.31 (4.80%)20.85%
An entry @89.85. This is a Buy Stop order right above the resistance zone.An exit @85.54. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 4.31 points, which is 4.80%.When investing 20.85% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
ORMAT TECHNOLOGIES INC / ORA Daily stock chart

ORMAT TECHNOLOGIES INC

NYSE:ORA (7/18/2025, 7:00:00 PM)

After market: 89.83 0 (0%)

89.83

+1.51 (+1.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg1.71%
1 Week2.25%
2 Weeks2.42%
1 Month5.73%
3 Month25.48%
6 Month33.87%
12 Month21.51%
2 Year10.49%
3 Year3.8%
5 Year50.97%
10 Year120.82%
15 YearN/A
Volatility
ATR(14)1.75
ATR(20)%1.95%
ATR Inc-18.53%
Range Today1.41
ADR(20)1.63
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.25
Mansfield1.12
10 Day High90.07
10 Day Low85.55
20 Day High90.07
20 Day Low82.33
52 Week High90.07
52 Week Low61.58
CS1 End84.15
CR1 Start89.84
Volume & EV
DER(3)4.29%
DER(5)3.65%
Volume703.52K
Volume Incr-17.93%
Vol(5)515.14K
Vol(50)507.64K