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Ormat Technologies, Inc.

Stage 4 · Declining · week 10

As of Oct 22, 2026, Ormat Technologies is in Stage 4, the downtrend phase, now in week 10 (since Aug 13, 2026). It closed at $88.10, 39.2% below its 52-week high and below its 200-day average, which is falling.

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indo… More about the company

$88.10
+0.00% today
$5.4B · Mid cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 18w
S2 29w
S2 40w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 18w → S1 9w → S4 12w → S1 4w → S2 29w → S3 4w → S4 8w → S1 11w → S2 40w → S3 8w → S2 10w → S3 3w → S4 10w current
Total tracked: 166 weeks across 13 stage runs.

ORA among Utilities - Renewable7th of 22 by relative strength

All 22 →
Stocks in Utilities - Renewable ranked by relative strength, with stage and one-month change
#StockStageRS1M
1ENLTStage 4 · wk 295−4.4%
2ENICStage 3 · wk 5670.0%
3ELLOStage 1 · wk 664−4.4%
4CWENStage 4 · wk 1261+4.3%
5XIFRStage 4 · wk 150−7.8%
6RNWStage 2 · wk 1447+0.6%
7ORAStage 4 · wk 1042−8.1%
8BEPCStage 4 · wk 1938+0.5%
vs 52W High
-39.2%
$86.64 lo$144.94 hi
39.2% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 10
1w13w26w
Week 10, established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-21.4%
200 DMA: $112.13 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
0.61x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
-8.1%
3M
-11.3%
6M
-22.3%
YTD
-22.3%
1Y
-16.1%
Scan Membership
Breakout Watch
Latest: 2025-06-12
8 appearances in last 60 days. First seen: 2019-01-23.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 10 · Vol 0.61x
2026-10-21S4
Wk 10 · Vol 0.83x
2026-10-20S4
Wk 10 · Vol 0.88x
2026-10-19S4
Wk 10 · Vol 0.96x
2026-10-16S4
Wk 10 · Vol 3.42x
2026-10-15S4
Wk 9 · Vol 1.41x
2026-10-14S4
Wk 9 · Vol 1.18x
2026-10-13S4
Wk 9 · Vol 1.24x
2026-10-12S4
Wk 9 · Vol 1.04x
2026-10-09S4
Wk 9 · Vol 0.63x
2026-10-08S4
Wk 8 · Vol 0.95x
2026-10-07S4
Wk 8 · Vol 0.75x
Moving averages & range
50 DMA
$97.53
200 DMA
$112.13
52W High
$144.94
52W Low
$86.64
5D Low
$86.64
Resistance levels (recent highs)
20d High
$93.63
60d High
$114.63
120d High
$144.94
250d High
$144.94
Next resistance
+6.3%
to 20d High
P/E (TTM)
43.2
Forward 34.3
Earnings Growth (YoY)
-6.5%
Revenue +10.6%
ROE
+4.8%
Profit margin +10.7%
Dividend Yield
0.54%
P/B 2.1

Ormat Technologies: quick answers

What stage is Ormat Technologies in?

As of Oct 22, 2026, Ormat Technologies (ORA) is in Stage 4, the downtrend phase. It entered Stage 4 on Aug 13, 2026 and is in week 10. What the four stages mean

Is Ormat Technologies in an uptrend?

No. Ormat Technologies is in a Stage 4 downtrend. It trades 21.4% below its 200-day average, which is falling.

How far is Ormat Technologies from its 52-week high?

Ormat Technologies closed at $88.10 on Oct 22, 2026, 39.2% below its 52-week high of $144.94. Its 52-week low is $86.64.

How has Ormat Technologies performed over the past year?

As of Oct 22, 2026, Ormat Technologies is down 16.1% over the past year and down 22.3% so far in 2026.

Which sector and industry is Ormat Technologies in?

Ormat Technologies is in the Utilities - Renewable industry, part of the Utilities sector.

About this companyUtilities· Utilities - Renewable

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, and construction of geothermal and recovered energy-based power plants. The Energy Storage segment owns and operates grid-connected, stand alone In Front of the Meter (IFM) battery energy storage BESS facilities, which provide capacity, energy, and ancillary services directly to the electric grid. The company serves contractors, geothermal plant owners and operators, interstate natural gas pipeline owners and operators, gas processing plant owners and operators, cement plant owners and operators, and biomass facilities owners and operators, as well as other companies engaged in energy-intensive industrial processes. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.