Is Ormat Technologies, Inc. technically bullish or bearish?
As of June 13, 2025, Ormat Technologies, Inc. has shifted to a bullish trend, supported by strong indicators like bullish MACD and moving averages on both weekly and monthly time frames.
As of 13 June 2025, the technical trend for Ormat Technologies, Inc. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate bullish conditions in both time frames. Daily moving averages are bullish, reinforcing the positive momentum. The KST is bullish on both weekly and monthly charts, while the Dow Theory shows a mildly bullish stance on both time frames. The OBV is mildly bullish on a monthly basis, though it shows no trend on the weekly. Overall, the strength of the bullish trend is supported by consistent positive signals across multiple indicators.
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