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Stock Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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.

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NASDAQ_OPTT
Open High Low OPTT Price Change
0.41000 0.43800 0.40241 0.42150 +0.00230
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 Apr 22nd, 2020 at 0.340

short term down The short-term trend has been DOWN since Jun 1st, 2020 at 0.405

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
0.41000 0.43800 0.40241 0.42150 +0.00230
Prev. Close Volume Bid Ask Time
0.36860 833217 2020-06-01 15:59:17
Year High1.52Year High Date2018-03-19
Year Low0.385Year Low Date2018-11-29
52wk High16.252wk High Date2019-04-03
52wk Low0.33552wk Low Date2020-03-23
Year End Close2.1401Average Volume194,236
Shares Outstanding11,543Short Interest491,490
% Institutional16Market Cap9M
Assets13,756,000MLiabilities3,982,000M
P/E Ratio-0.4Beta1.99
Volatility79.07
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