The Hourly View for ORA
Currently, ORA (Get Ratings)’s price is up $0.17 (0.24%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
Out of Utilities stocks, ORA ranks 96th in regards to today’s price percentage change.
ORA’s Technical Outlook on the Daily Chart
At the time of this writing, ORA’s price is down $-0.55 (-0.76%) from the day prior. This move is a reversal from the day prior, which saw price move up. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Ormat Technologies Inc’s price action over the past 90 days can be seen via the chart below.
ORA: Daily RSI Analysis
- For ORA, its RSI is now at 76.4331.
- ORA and RSI may be exhibiting divergent trends. This may be something to monitor.
Want More Great Investing Ideas?
9 “MUST OWN” Growth Stocks for 2021
5 WINNING Stock Chart Patterns
7 Best ETFs for the NEXT Bull Market