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Slingshot Bearish appears for ORA after 1.09% move

SwingTradeBot Nightly Stock Scan: Ormat Technologies, Inc. (ORA) — Technical Patterns & Alerts · Jul 20, 2026, 19:58 ET
On Monday, July 20th, ORA moved down 1.09% while volume shrunk to 0.6× the usual levels. Multiple bearish signals emerged — Slingshot Bearish and 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 102.69, 101.83 & 100.1, with resistance at 105.28, 107.01 & 107.87. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of ORA: F

Today’s move could mean more—check all the signals for ORA on SwingTradeBot.

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Ormat Technologies, Inc. (ORA)