Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Ocean Power, Inc (NASDAQ:OPTT)

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

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.

NASDAQ_OPTT
Open High Low OPTT Price Change
4.01 4.06 3.63 3.68 -0.40
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term up The long-term trend has been UP since Jun 16th, 2020 at 0.7999

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 4.0500

short term down The short-term trend has been DOWN since Feb 17th, 2021 at 4.8200

Smart Scan Analysis for OPTT

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

-70
Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.01 4.06 3.63 3.68 -0.40
Prev. Close Volume Bid Ask Time
3.69 4058642 2021-02-25 15:59:55
Year High1.52Year High Date2018-03-19
Year Low0.385Year Low Date2018-11-29
52wk High7.352wk High Date2021-01-25
52wk Low0.32952wk Low Date2020-04-22
Year End Close2.1401Average Volume8,377,759
Shares Outstanding11,543Short Interest491,490
% Institutional16Market Cap9M
Assets18,561,000MLiabilities4,911,000M
Beta1.99Volatility79.07
Get a free daily analysis and signals for Ocean Power, Inc (OPTT) - Request Your Free Report.