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Stock Trend Analysis Report

Prepared for you on Wednesday, August 17, 2022.

Ocean Power Technologies, Inc. (AMEX:OPTT)

Long-Term Uptrend (+90) - OPTT is in a strong uptrend that is likely to continue. While OPTT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

Open High Low OPTT Price Change
1.4000 1.4000 1.2300 1.2355 -0.1645
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term up The long-term trend has been UP since Aug 3rd, 2022 at 1.1700

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 0.6810

short term up The short-term trend has been UP since Jul 28th, 2022 at 0.8041

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).

Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4000 1.4000 1.2300 1.2355 -0.1645
Prev. Close Volume Bid Ask Time
1.4000 741872 2022-08-17 15:59:32
52wk High2.7652wk High Date2021-09-29
52wk Low0.552wk Low Date2022-06-21
Average Volume813,694Shares Outstanding111,755
P/E Ratio-3.75760000
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