Free Daily Analysis

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.

Open High Low OPTT Price Change
1.8100 1.8400 1.7402 1.8100 -0.0400
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term down The long-term trend has been DOWN since Jul 9th, 2021 at 2.26

intermediate term down The intermediate-term trend has been DOWN since Nov 17th, 2021 at 2.00

short term down 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).

Smart Scan Analysis for OPTT
Strong Downtrend Sideways 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 High7.352wk High Date2021-01-25
52wk Low1.6752wk Low Date2021-11-23
Average Volume1,402,928Shares Outstanding11,543
P/E Ratio-4.74
Get a free daily analysis and signals for Ocean Power Technologies, Inc. (OPTT) - Request Your Free Report.