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Ormat Technologi Has Returned 25.8% Since SmarTrend Recommendation (ORA)

By Nick Russo

SmarTrend identified an Uptrend for Ormat Technologi (NYSE:ORA) on April 22nd, 2019 at $57.54. In approximately 4 months, Ormat Technologi has returned 25.76% as of today's recent price of $72.37.

In the past 52 weeks, Ormat Technologi share prices have been bracketed by a low of $49.01 and a high of $72.58 and are now at $72.33, 48% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.1%.

Ormat Technologies, Inc. designs, develops, builds, owns, and operates geothermal power plants. The Company also designs, develops, and seeks to own and operate, recovered energy-based power plants using equipment that it designs and manufactures.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ormat Technologi shares.

Log in and add Ormat Technologi (ORA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ormat technologi

Ticker(s): ORA