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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Opthea Limited - American Depositary Shares (NASDAQ:OPT)

Weak Downtrend (-65) - OPT is showing signs of a strengthening downtrend. Monitor OPT as it may be building momentum to the downside.

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.

NASDAQ_OPT
Open High Low OPT Price Change
3.36 3.36 3.22 3.26 0.00
Entry Signal

MarketClub’s Trade Triangles for OPT

long term up The long-term trend has been UP since Sep 16th, 2024 at 3.2000

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2024 at 4.1200

short term down The short-term trend has been DOWN since Oct 31st, 2024 at 4.3002

Smart Scan Analysis for OPT

Based on our trend formula, OPT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for OPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.36 3.36 3.22 3.26 0.00
Prev. Close Volume Bid Ask Time
3.26 10321 2024-11-19 15:07:08
52wk High5.4552wk High Date2024-10-14
52wk Low1.7952wk Low Date2024-06-27
Average Volume38,907Shares Outstanding9,300
Assets188,791,216MLiabilities264,601,293M
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