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Stock Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

Ocean Power Technologies, Inc. (AMEX:OPTT)

Strong Downtrend (-100) - OPTT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OPTT continues to fall. 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.

AMEX_OPTT
Open High Low OPTT Price Change
0.245000 0.245000 0.235000 0.237500 -0.002299
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term down The long-term trend has been DOWN since Aug 10th, 2023 at 0.480

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 0.275

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 0.288

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
0.245000 0.245000 0.235000 0.237500 -0.002299
Prev. Close Volume Bid Ask Time
0.237900 306709 2024-04-12 15:57:43
52wk High0.76952wk High Date2023-07-18
52wk Low0.235352wk Low Date2024-04-11
Average Volume428,082Shares Outstanding115,001
Assets34,564,000MLiabilities9,303,000M
P/E Ratio-3.75760000
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