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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OPTT
The long-term trend has been DOWN since Mar 5th, 2021 at 2.18
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 4.05
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).
|Year High||1.52||Year High Date||2018-03-19|
|Year Low||0.385||Year Low Date||2018-11-29|
|52wk High||7.3||52wk High Date||2021-01-25|
|52wk Low||0.36||52wk Low Date||2020-05-14|
|Year End Close||2.1401||Average Volume||2,010,708|
|Shares Outstanding||11,543||Short Interest||491,490|
|% Institutional||16||Market Cap||9M|