← Ormat Technologies (ORA)

Does Ormat Technologies (ORA) stock go up or down depending on the month?

Best month to invest in ORA stock — 14 years (2013-2026) · Utilities
Logo Ormat TechnologiesSee the full Ormat Technologies (ORA) profile
In short — Over 14 years, Ormat Technologies stock rises most in May: +4.9% on average, up 79% of years. Its weakest month is June (-1.9%). Most consistent: May (79% positive years). ⚠️ This is an observation of the past over just 14 years — not a prediction, not advice.

Ormat Technologies month by month, year by year

Each cell = the price change over that month. Green = up, red = down. The stronger the colour, the bigger the move.
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+13.1%-17.0%+7.9%+2.7%+19.4%-20.6%-10.4%+4.5%-10.3%
2025-5.3%+8.9%+1.3%+2.6%+2.4%+12.7%+6.7%+2.8%+4.7%+10.5%+6.1%-2.2%
2024-14.7%+0.7%+1.6%-3.6%+18.1%-4.9%+8.3%-4.0%+3.2%+2.7%+3.3%-17.0%
2023+7.0%-8.7%+0.3%+1.2%-0.8%-5.5%+1.0%-6.6%-7.9%-12.0%+9.4%+12.6%
2022-14.0%+4.7%+14.7%-5.0%+8.1%-6.7%+10.5%+8.0%-7.8%+4.9%-0.0%-4.4%
2021+26.5%-25.0%-8.3%-7.8%-4.6%+0.7%+0.3%+2.0%-6.4%+8.6%+4.4%+5.0%
2020+6.4%-12.1%-2.9%-7.8%+16.7%-12.8%-6.3%+2.3%-2.9%+19.9%+11.2%+14.6%
2019+10.3%-3.3%-1.2%+5.8%+1.2%+7.4%+3.4%+13.3%+0.0%+3.1%+0.4%-3.0%
2018+9.6%-10.7%-9.9%+2.7%-10.5%+2.6%+2.0%-2.9%+2.8%-5.4%+9.6%-6.8%
2017+0.1%+2.7%+3.5%+3.5%+0.8%-1.4%+1.1%-3.1%+6.3%+6.4%+1.0%-2.4%
2016-2.9%+7.8%+8.1%+5.2%+0.5%+0.3%+4.3%+6.0%+0.0%-0.4%-0.8%+12.1%
2015-1.6%+27.5%+11.5%-3.8%+1.4%+1.6%+8.0%-13.5%-3.3%+10.8%-2.6%-0.8%
2014-9.4%+12.6%+8.1%-11.1%+11.6%-3.2%-10.5%+6.7%-4.6%+10.2%-5.4%-0.7%
2013-3.9%+1.0%+5.3%+5.0%+3.1%-2.1%+8.9%+6.8%-2.6%-3.8%+8.5%
Average+1.9%-1.1%+2.6%-0.7%+4.9%-1.9%+1.2%+1.7%-1.4%+4.4%+2.5%+1.2%
% of years up54%50%71%57%79%50%71%64%50%69%62%38%
Years observed131414141414141414131313

Ormat Technologies month by month: the summary

Over 2013-2026, here's what Ormat Technologies (ORA) stock did each month, on average: January +1.9% (up 54% of 13 years), February -1.1% (up 50% of 14 years), March +2.6% (up 71% of 14 years), April -0.7% (up 57% of 14 years), May +4.9% (up 79% of 14 years), June -1.9% (up 50% of 14 years), July +1.2% (up 71% of 14 years), August +1.7% (up 64% of 14 years), September -1.4% (up 50% of 14 years), October +4.4% (up 69% of 13 years), November +2.5% (up 62% of 13 years), December +1.2% (up 38% of 13 years). In other words, ORA historically rose in January, March, May, July, August, October, November, December, and fell in February, April, June, September.

Does Ormat Technologies really go up in May?

Over 2013-2026, May is Ormat Technologies's strongest month: +4.9% on average, positive in 11 of 14 years. At the other end, June shows -1.9%. But a monthly gap is often built on one or two extreme years — the table above shows it: look at the spread, not just the average. Seasonality only means something when it has a cause (selling season, earnings calendar, year-end tax effects); with no identified cause, it's probably noise.

Frequently asked questions

Does Ormat Technologies stock go up or down in October?

Over 13 years, ORA rose +4.4% on average in October, finishing the month up 9 times out of 13 (69%). Median: +4.9%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.

Does Ormat Technologies stock go up or down in March?

Over 14 years, ORA rose +2.6% on average in March, finishing the month up 10 times out of 14 (71%). Median: +1.5%. It's one of its most consistent months. ⚠️ 14 years of data is not a prediction.

Does Ormat Technologies stock go up or down in November?

Over 13 years, ORA rose +2.5% on average in November, finishing the month up 8 times out of 13 (62%). Median: +1.0%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.

Does Ormat Technologies stock go up or down in January?

Over 13 years, ORA rose +1.9% on average in January, finishing the month up 7 times out of 13 (54%). Median: +0.1%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.

Does Ormat Technologies stock go up or down in August?

Over 14 years, ORA rose +1.7% on average in August, finishing the month up 9 times out of 14 (64%). Median: +2.5%. Results are split year to year — there's no clear pattern. ⚠️ 14 years of data is not a prediction.

Does Ormat Technologies stock go up or down in September?

Over 14 years, ORA fell -1.4% on average in September, finishing the month up 7 times out of 14 (50%). Median: -1.4%. Results are split year to year — there's no clear pattern. ⚠️ 14 years of data is not a prediction.

What is the best month to buy Ormat Technologies stock?

Historically, May: over the last 14 years, ORA gained +4.9% on average that month and finished up 79% of the time (14 years observed). June is the weakest month (-1.9%). This is not a prediction: 14 years is a small sample, and the past is under no obligation to repeat.

Do Ormat Technologies's quarterly earnings move the stock?

May — when Ormat Technologies reports quarterly earnings — has been its best month over 14 years (+4.9% on average, up 79% of years). Earnings are a known driver of moves. ⚠️ This is a past tendency over a short history, not a rule. Use it as context, never as a buy plan.

Why does Ormat Technologies stock often rise in May?

May has averaged as its best month over 14 years (+4.9%, up 79% of years). This month covers Ormat Technologies's quarterly earnings release — a known driver of moves, and over this history it has tended to push the stock higher.

Why is Ormat Technologies stock weaker in June?

June has averaged as its weakest month over 14 years (-1.9%, up only 50% of years). No clearly established recurring seasonal driver explains this month — it's a statistical tendency over 14 years of history, not a prediction.

Is there a best month to invest in the stock market in general?

There's no universal rule: every stock has its own seasonality. For ORA it's May (+4.9% on average over 14 years) — another stock will look completely different. The calendar effects people cite ("sell in May", the year-end rally) are market-wide averages, not laws: on ORA, May is the most consistent month (79% positive years). We also rank all 12 months for the whole market.

Does stock seasonality actually work?

Careful. A month that rose 14 times out of 14 can simply be chance: with 12 months and a dozen years, patterns appear naturally even in random data. Seasonality describes what happened; it doesn't explain why and predicts nothing. Treat it as context, never as a standalone buy signal.

What data is this table based on?

On ORA's real monthly closing prices from 2013 to 2026 (14 years), source Yahoo Finance. Each cell = the price change over that month. Price performance, excluding dividends. Incomplete months and quote gaps are excluded.

💬 A question about Ormat Technologies? The JPI assistant answers using our backtest data.
Keep exploring Ormat Technologies
JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)