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1,2,3 Retracement Bearish appears for ORA after 2.11% move

Ormat Technologies, Inc. (ORA) — SwingTradeBot Technical Analysis Report · Aug 4, 2026, 17:52 ET
ORA closed up 2.11% on Tuesday, August 4th, with volume running 0.2× below average. Multiple bearish signals emerged — 1,2,3 Retracement Bearish and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 98.63, 97.18 & 96.28, with resistance at 100.99, 101.89 & 103.34.

Current SwingTradeBot Technical Rating of ORA: D

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Ormat Technologies, Inc. (ORA)