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Stock Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

Ocean Power Technologies, Inc. (AMEX:OPTT)

Countertrend Down (-85) - OPTT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

Open High Low OPTT Price Change
0.4000 0.4035 0.3950 0.3950 -0.0085
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term down The long-term trend has been DOWN since Aug 10th, 2023 at 0.480000

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 0.580000

short term up The short-term trend has been UP since Sep 14th, 2023 at 0.429599

Smart Scan Analysis for OPTT

Based on our trend formula, OPTT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4000 0.4035 0.3950 0.3950 -0.0085
Prev. Close Volume Bid Ask Time
0.3974 111020 2023-09-22 15:55:26
52wk High0.992952wk High Date2022-10-06
52wk Low0.392652wk Low Date2023-09-21
Average Volume240,055Shares Outstanding115,001
P/E Ratio-3.75760000
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