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Stock Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Ocean Power, Inc (NASDAQ:OPTT)

Strong Downtrend (-100) - OPTT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

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Open High Low OPTT Price Change
1.86 2.17 1.82 2.12 +0.06
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 2.18

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 4.05

short term down The short-term trend has been DOWN since May 3rd, 2021 at 2.47

Smart Scan Analysis for OPTT

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

Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.86 2.17 1.82 2.12 +0.06
Prev. Close Volume Bid Ask Time
2.14 1822212 2021-05-11 15:59:44
Year High1.52Year High Date2018-03-19
Year Low0.385Year Low Date2018-11-29
52wk High7.352wk High Date2021-01-25
52wk Low0.3652wk Low Date2020-05-14
Year End Close2.1401Average Volume2,010,708
Shares Outstanding11,543Short Interest491,490
% Institutional16Market Cap9M
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