Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Ormat Technologies, Inc. (NYSE:ORA)
Bear Market Rally (-75) - ORA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ORA as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ORA?
MarketClub looks at technical strength and momentum to determine if the timing is right for ORA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ORA
The long-term trend has been DOWN since Apr 15th, 2024 at 62.72
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 63.04
The short-term trend has been UP since Apr 19th, 2024 at 63.13
Smart Scan Analysis for ORA
Based on our trend formula, ORA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 62.610 | 63.770 | 62.340 | 63.729 | +0.809 |
| Prev. Close | Volume | Bid | Ask | Time |
| 63.750 | 472475 | 2024-04-19 15:59:27 |
| Year High | 70.68 | Year High Date | 2018-01-31 |
| Year Low | 45.79 | Year Low Date | 2018-08-08 |
| 52wk High | 88.64 | 52wk High Date | 2023-04-25 |
| 52wk Low | 58.73 | 52wk Low Date | 2023-11-13 |
| Year End Close | 19.28 | Average Volume | 502,130 |
| Shares Outstanding | 60,359 | Short Interest | 1,637,411 |
| % Institutional | 90.1 | Market Cap | 3,660M |
| Assets | 520,827,900M | Liabilities | 289,285,200M |
| P/E Ratio | 30.25 | Beta | 0.87 |
| Volatility | 42.95 |