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Stock Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
Opthea Limited - American Depositary Shares (NASDAQ:OPT)
Sidelines Mode (-55) - OPT 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 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 DOWN since Jun 3rd, 2024 at 2.675
The intermediate-term trend has been UP since Jul 22nd, 2024 at 2.205
The short-term trend has been DOWN since Sep 3rd, 2024 at 2.940
Smart Scan Analysis for OPT
Based on our trend formula, OPT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.10 | 3.10 | 2.84 | 2.92 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.89 | 13187 | 2024-09-06 15:43:03 |
| 52wk High | 4.4 | 52wk High Date | 2024-04-01 |
| 52wk Low | 1.6 | 52wk Low Date | 2023-10-27 |
| Average Volume | 11,176 | Shares Outstanding | 9,300 |
| Assets | 188,791,216M | Liabilities | 264,601,293M |