The intraday price for Ormat Technologies has moved below its 200 period 30 minute moving average of 19.25. ORA is around 19.14 bucks now. Going below the moving average deepens the negative trend.
The price is already below support of $19.55.
Other stocks to watch – these have a positive correlation with Ormat Technologies:
SOCIETE GENERALE ACCEPTANCE NV PUT WTS 15/06/07DJ30 E0.001 USD11000 C (SE80) with a correlation of 100%
Sunergy Inc (SNEY) with a correlation of 100%
Space Propulsion Systems Inc (SPSY) with a correlation of 100%
Sutron Corp. (STRN) with a correlation of 100%
Western Gas Partners Lp (WES) with a correlation of 100%
For the math geeks and quants – the most recent Slope: -0.3 Intercept: 19.55 close: 19.14