Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Monday, December 17, 2018.

Ocean Power, Inc (NASDAQ:OPTT)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_OPTT
Open High Low OPTT Price Change
0.3675 0.4000 0.3453 0.3851 +0.0143
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term down The long term trend has been DOWN since Jun 22nd, 2018 at 1.06

intermediate term down The intermediate term trend has been DOWN since Oct 15th, 2018 at 0.60

short term down The short term trend has been DOWN since Dec 8th, 2018 at 0.38

Smart Scan Analysis for OPTT

Based on a pre-defined weighted trend formula for chart analysis, OPTT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3675 0.4000 0.3453 0.3851 +0.0143
Prev. Close Volume Bid Ask Time
0.4201 297219 2018-12-14 15:59:27
Year High1.52Year High Date2018-03-19
Year Low0.385Year Low Date2018-11-29
52wk High1.5252wk High Date2018-03-19
52wk Low0.38552wk Low Date2018-11-29
Year End Close2.1401Average Volume154,662
Shares Outstanding10,395Short Interest491,490
% Institutional16Assets33.9M
Liabilities5MBeta1.99
Volatility79.07
Want to analyze Ocean Power, Inc OPTT or another symbol? Try our Free Stock Trend Analysis Report.