Back to top

ORA Fell Below 50 Day Moving Average on June 23

SwingTradeBot Nightly Stock Scan: Ormat Technologies, Inc. (ORA) — Technical Patterns & Alerts · Jun 23, 2026, 17:42 ET
On Tuesday, June 23rd, ORA moved down 4.82% while volume was to 1.1× the usual levels. Multiple bearish signals emerged — Fell Below 50 DMA, Lower Bollinger Band Walk & MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 121.75, 120.21 & 117.41, with resistance at 126.09, 128.89 & 130.43. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of ORA: B

More technical signals and insights for ORA → Visit SwingTradeBot.com

Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Ormat Technologies, Inc. (ORA)