ORMAT TECHNOLOGIES Stock Forecast - Daily Balance Of Power

HNM Stock   75.90  0.58  0.77%   
ORMAT Stock Forecast is based on your current time horizon.
  
ORMAT TECHNOLOGIES has current Daily Balance Of Power of 0.3537. Balance of Power indicator (or BOP) measures the strength of ORMAT TECHNOLOGIES market sensitivity to bulls and bears. It estimates the ability of ORMAT TECHNOLOGIES buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring ORMAT TECHNOLOGIES Balance of Power indicator one can determine a trend of the price direction.
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ORMAT TECHNOLOGIES Trading Date Momentum

On November 16 2024 ORMAT TECHNOLOGIES was traded for  75.90  at the closing time. The highest price during the trading period was 75.98  and the lowest recorded bid was listed for  74.34 . There was no trading activity during the period 0.0. Lack of trading volume on November 16, 2024 did not cause price change. The trading delta at closing time to the current price is 2.06% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for ORMAT TECHNOLOGIES

For every potential investor in ORMAT, whether a beginner or expert, ORMAT TECHNOLOGIES's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ORMAT Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ORMAT. Basic forecasting techniques help filter out the noise by identifying ORMAT TECHNOLOGIES's price trends.

ORMAT TECHNOLOGIES Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ORMAT TECHNOLOGIES stock to make a market-neutral strategy. Peer analysis of ORMAT TECHNOLOGIES could also be used in its relative valuation, which is a method of valuing ORMAT TECHNOLOGIES by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ORMAT TECHNOLOGIES Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ORMAT TECHNOLOGIES's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ORMAT TECHNOLOGIES's current price.

ORMAT TECHNOLOGIES Market Strength Events

Market strength indicators help investors to evaluate how ORMAT TECHNOLOGIES stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ORMAT TECHNOLOGIES shares will generate the highest return on investment. By undertsting and applying ORMAT TECHNOLOGIES stock market strength indicators, traders can identify ORMAT TECHNOLOGIES entry and exit signals to maximize returns.

ORMAT TECHNOLOGIES Risk Indicators

The analysis of ORMAT TECHNOLOGIES's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ORMAT TECHNOLOGIES's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ormat stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Additional Tools for ORMAT Stock Analysis

When running ORMAT TECHNOLOGIES's price analysis, check to measure ORMAT TECHNOLOGIES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ORMAT TECHNOLOGIES is operating at the current time. Most of ORMAT TECHNOLOGIES's value examination focuses on studying past and present price action to predict the probability of ORMAT TECHNOLOGIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ORMAT TECHNOLOGIES's price. Additionally, you may evaluate how the addition of ORMAT TECHNOLOGIES to your portfolios can decrease your overall portfolio volatility.