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Stock Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Ocean Power Technologies, Inc. (AMEX:OPTT)
Long-Term Downtrend (-90) - OPTT is in a strong downtrend that is likely to continue. While OPTT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for OPTT
The long-term trend has been DOWN since Jul 9th, 2021 at 2.26
The intermediate-term trend has been DOWN since Nov 17th, 2021 at 2.00
The short-term trend has been DOWN since Nov 10th, 2021 at 2.10
Smart Scan Analysis for OPTT
Based on our trend formula, OPTT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8100 | 1.8400 | 1.7402 | 1.8100 | -0.0400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8200 | 854811 | 2021-11-26 12:59:55 |
| 52wk High | 7.3 | 52wk High Date | 2021-01-25 |
| 52wk Low | 1.67 | 52wk Low Date | 2021-11-23 |
| Average Volume | 1,402,928 | Shares Outstanding | 11,543 |
| Assets | 81,191,000M | Liabilities | 3,426,000M |
| P/E Ratio | -4.74 |