Ormat Technologies (Israel) Pattern Recognition Engulfing Pattern

ORA Stock   29,640  260.00  0.87%   
Ormat Technologies pattern recognition tool provides the execution environment for running the Engulfing Pattern recognition and other technical functions against Ormat Technologies. Ormat Technologies value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Engulfing Pattern recognition function is designed to identify and follow existing trends. Ormat Technologies momentum indicators are usually used to generate trading rules based on assumptions that Ormat Technologies trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was two with a total number of output elements of fifty-nine. The function generated a total of two valid pattern recognition events for the selected time horizon. The Engulfing Pattern describes Ormat Technologies bullish reversal pattern.

Ormat Technologies Technical Analysis Modules

Most technical analysis of Ormat Technologies help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ormat from various momentum indicators to cycle indicators. When you analyze Ormat charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Ormat Technologies Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ormat Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ormat Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Ormat Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ormat Technologies's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Ormat Technologies's intrinsic value. In addition to deriving basic predictive indicators for Ormat Technologies, we also check how macroeconomic factors affect Ormat Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
29,89929,90029,901
Details
Intrinsic
Valuation
LowRealHigh
29,49529,49632,890
Details

Align your values with your investing style

In addition to having Ormat Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Additional Information and Resources on Investing in Ormat Stock

When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Please note, there is a significant difference between Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.