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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Ocean Power Technologies, Inc. (AMEX:OPTT)

Strong Uptrend (+100) - OPTT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OPTT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.3500 0.4700 0.3408 0.4631 +0.1344
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 up The short-term trend has been UP since Dec 26th, 2024 at 0.3460

Smart Scan Analysis for OPTT

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

+100
Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3500 0.4700 0.3408 0.4631 +0.1344
Prev. Close Volume Bid Ask Time
0.3287 72304121 2024-12-26 14:48:44
52wk High0.81652wk High Date2024-12-02
52wk Low0.1252wk Low Date2024-06-20
Average Volume66,324,585Shares Outstanding243,974
Assets26,946,000MLiabilities4,827,000M
P/E Ratio-3.75760000
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