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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 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 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 UP since Jul 26th, 2024 at 2.250
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.1500 | 2.2728 | 2.1500 | 2.2400 | +0.0400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.2000 | 14435 | 2024-07-26 15:59:50 |
| 52wk High | 4.4 | 52wk High Date | 2024-04-01 |
| 52wk Low | 1.6 | 52wk Low Date | 2023-10-27 |
| Average Volume | 14,900 | Shares Outstanding | 9,300 |
| Assets | 98,641,319M | Liabilities | 104,494,497M |