Ormat Technologies (Israel) Pattern Recognition Spinning Top

ORA Stock   29,500  10.00  0.03%   
Ormat Technologies pattern recognition tool provides the execution environment for running the Spinning Top 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 Spinning Top 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 ten with a total number of output elements of fifty-one. The function generated a total of eight valid pattern recognition events for the selected time horizon. The Spinning Top pattern Reversal/Continuation pattern describes Ormat Technologies neutral movement and is used to signal indecision about the future direction of Ormat Technologies.

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
29,49929,50029,501
Details
Intrinsic
Valuation
LowRealHigh
24,60824,60932,450
Details
Naive
Forecast
LowNextHigh
28,75928,76028,761
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27,42229,27931,136
Details

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Price Transformation Now

   

Price Transformation

Use Price Transformation models to analyze the depth of different equity instruments across global markets
All  Next Launch Module

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.
Gambling Idea
Gambling
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
FinTech Idea
FinTech
Invested over 40 shares
Momentum Idea
Momentum
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Business Services Idea
Business Services
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares

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 Anywhere module to track or share privately all of your investments from the convenience of any device.
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.