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Stock Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
Opthea Limited - American Depositary Shares (NASDAQ:OPT)
Bull Market Weakness (+75) - OPT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OPT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OPT?
MarketClub looks at technical strength and momentum to determine if the timing is right for OPT.
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 OPT
The long-term trend has been UP since Sep 16th, 2024 at 3.20
The intermediate-term trend has been DOWN since Nov 7th, 2024 at 4.12
The short-term trend has been UP since Nov 27th, 2024 at 3.31
Smart Scan Analysis for OPT
Based on our trend formula, OPT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.85 | 3.85 | 3.58 | 3.70 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.69 | 3098 | 2024-12-02 10:15:56 |
| 52wk High | 5.45 | 52wk High Date | 2024-10-14 |
| 52wk Low | 1.79 | 52wk Low Date | 2024-06-27 |
| Average Volume | 30,639 | Shares Outstanding | 9,300 |
| Assets | 188,791,216M | Liabilities | 264,601,293M |