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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Ormat Technologies, Inc. (NYSE:ORA)
Long-Term Downtrend (-90) - ORA is in a strong downtrend that is likely to continue. While ORA is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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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 DOWN since Apr 25th, 2024 at 63.84
Smart Scan Analysis for ORA
Based on our trend formula, ORA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 64.36 | 64.69 | 63.15 | 63.79 | -1.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 64.99 | 338601 | 2024-04-25 15:59:59 |
| Year High | 70.68 | Year High Date | 2018-01-31 |
| Year Low | 45.79 | Year Low Date | 2018-08-08 |
| 52wk High | 88.26 | 52wk High Date | 2023-06-08 |
| 52wk Low | 58.73 | 52wk Low Date | 2023-11-13 |
| Year End Close | 19.28 | Average Volume | 545,971 |
| 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 | 31.2452 | Beta | 0.87 |
| Volatility | 42.95 |