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Stock Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Ocean Power, Inc (NASDAQ:OPTT)

Long-Term Downtrend (-90) - OPTT is in a strong downtrend that is likely to continue. While OPTT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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MarketClub looks at technical strength and momentum to determine if the timing is right for OPTT.

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NASDAQ_OPTT
Open High Low OPTT Price Change
0.8000 0.8048 0.7700 0.7851 -0.0110
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term down The long-term trend has been DOWN since Apr 4th, 2019 at 4.000

intermediate term down The intermediate-term trend has been DOWN since Feb 10th, 2020 at 0.800

short term down The short-term trend has been DOWN since Feb 7th, 2020 at 0.803

Smart Scan Analysis for OPTT

Based on our trend formula, OPTT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8000 0.8048 0.7700 0.7851 -0.0110
Prev. Close Volume Bid Ask Time
0.9237 66255 2020-02-14 15:57:29
Year High1.52Year High Date2018-03-19
Year Low0.385Year Low Date2018-11-29
52wk High16.252wk High Date2019-04-03
52wk Low0.7452wk Low Date2019-12-19
Year End Close2.1401Average Volume274,075
Shares Outstanding11,543Short Interest491,490
% Institutional16Market Cap9M
Assets15,258,000MLiabilities4,510,000M
P/E Ratio-0.4Beta1.99
Volatility79.07
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