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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Ocean Power Technologies, Inc. (AMEX:OPTT)
Countertrend Up (+85) - OPTT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid OPTT?
MarketClub looks at technical strength and momentum to determine if the timing is right for OPTT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OPTT
The long-term trend has been UP since Jul 1st, 2024 at 0.270
The intermediate-term trend has been UP since Jun 26th, 2024 at 0.199
The short-term trend has been UP since Jul 25th, 2024 at 0.360
Smart Scan Analysis for OPTT
Based on our trend formula, OPTT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3753 | 0.3753 | 0.2910 | 0.3083 | -0.1067 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.4150 | 11634040 | 2024-07-26 15:59:49 |
| 52wk High | 0.609899 | 52wk High Date | 2023-08-01 |
| 52wk Low | 0.12 | 52wk Low Date | 2024-06-20 |
| Average Volume | 66,207,936 | Shares Outstanding | 115,677 |
| Assets | 34,564,000M | Liabilities | 9,303,000M |
| P/E Ratio | -3.75760000 |