Is Ormat Technologies, Inc. technically bullish or bearish?

Sep 20 2025 07:30 PM IST
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As of June 13, 2025, Ormat Technologies, Inc. has a bullish technical trend, supported by strong indicators like bullish MACD and moving averages, despite mixed signals from the weekly RSI and Dow Theory, and it has outperformed the S&P 500 with a year-to-date return of 38.81% compared to 12.22%.
As of 13 June 2025, the technical trend for Ormat Technologies, Inc. has changed from mildly bullish to bullish. The current technical stance is bullish, driven by strong indicators such as bullish MACD readings on both weekly and monthly time frames, bullish Bollinger Bands, and bullish moving averages on a daily basis. However, the weekly RSI is bearish, and the weekly Dow Theory shows a mildly bearish stance, which indicates some mixed signals.

In terms of performance, Ormat has outperformed the S&P 500 year-to-date with a return of 38.81% compared to the S&P 500's 12.22%, and over the past year, it has returned 24.73% against the S&P 500's 17.14%.
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