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Stock Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

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.

AMEX_OPTT
Open High Low OPTT Price Change
0.8640 0.9864 0.8218 0.8928 +0.1311
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term up The long-term trend has been UP since Nov 26th, 2024 at 0.2823

intermediate term up The intermediate-term trend has been UP since Nov 20th, 2024 at 0.1557

short term down The short-term trend has been DOWN since Jan 13th, 2025 at 0.9800

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).

+85
Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8640 0.9864 0.8218 0.8928 +0.1311
Prev. Close Volume Bid Ask Time
0.7617 28435762 2025-01-14 15:59:30
52wk High1.7552wk High Date2025-01-06
52wk Low0.1252wk Low Date2024-06-20
Average Volume54,769,310Shares Outstanding243,974
Assets26,946,000MLiabilities4,827,000M
P/E Ratio-3.75760000
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