AAPL 208.1978 -0.5171% MSFT 387.475 -1.1165% NVDA 106.615 -3.9591% GOOGL 159.045 -1.7998% GOOG 160.825 -1.8462% AMZN 185.38 -1.9102% META 544.82 -0.4477% AVGO 188.44 -2.0124% LLY 865.67 -2.1333% TSLA 277.4 -2.6496% TSM 161.02 -2.4712% V 336.0 0.2476% JPM 241.245 -0.9464% UNH 416.63 -0.4801% NVO 62.33 0.4027% WMT 94.76 -0.347% LVMUY 114.46 -0.0524% XOM 107.98 -0.5434% LVMHF 572.0 -0.3484% MA 532.3622 -0.2095%
Company Overview: Ormat Technologies, Inc. (NYSE: ORA) is primarily engaged in the geothermal energy power business.
Kalkine’s Daily Report covers the Key Financial Metrics, Risks, Outlook, Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.
Section 1.0: Key Metrics in Pictures
Having looked at the key metrics above, the below sections provide an in-depth fundamental, and technical analysis on one IT stock along with recommendation, technical support and resistance levels and indicative stop-loss.
Section 2.0: Ormat Technologies, Inc. (Buy at USD 62.42 closing price as on 8th November 2023)
2.1 Company Details
2.2 Valuation and Technical Guidance
The stock has a 52-week low and 52-week high of USD 60.66 and USD 100.9, respectively.
Markets are trading in a highly volatile zone currently due to certain macro-economic and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is November 8, 2023. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.
Technical Indicators Defined: -
Support: A level at which the stock prices tend to find support if they are falling, and downtrend may take a pause backed by demand or buying interest.
Resistance: A level at which the stock prices tend to find resistance when they are rising, and uptrend may take a pause due to profit booking or selling interest.
Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.
Kalkine Equities LLC provides general information about companies and their securities. The information contained in the reports, including any recommendations regarding the value of or transactions in any securities, does not take into account any of your investment objectives, financial situation or needs. Kalkine Equities LLC is not registered as an investment adviser in the U.S. with either the federal or state government. Before you make a decision about whether to invest in any securities, you should take into account your own objectives, financial situation and needs and seek independent financial advice. All information in our reports represents our views as at the date of publication and may change without notice.
Kalkine Media LLC, an affiliate of Kalkine Equities LLC, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.
US
CA
NZ
UK
AU
IND
Please wait processing your request...