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Stock Trend Analysis Report

Prepared for you on Wednesday, February 5, 2025.

Ocean Power Technologies, Inc. (AMEX:OPTT)

Sidelines Mode (+55) - OPTT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.6610 0.7700 0.6610 0.7391 +0.0650
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 down The intermediate-term trend has been DOWN since Jan 28th, 2025 at 0.7366

short term up The short-term trend has been UP since Feb 4th, 2025 at 0.7549

Smart Scan Analysis for OPTT

Based on our trend formula, OPTT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6610 0.7700 0.6610 0.7391 +0.0650
Prev. Close Volume Bid Ask Time
0.7423 12933545 2025-02-04 15:59:36
52wk High1.7552wk High Date2025-01-06
52wk Low0.1252wk Low Date2024-06-20
Average Volume23,622,138Shares Outstanding243,974
Assets26,946,000MLiabilities4,827,000M
P/E Ratio-3.75760000
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