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.
MarketClub’s Trade Triangles for OPTT
The long-term trend has been UP since Aug 3rd, 2022 at 1.1700
The intermediate-term trend has been UP since Jul 19th, 2022 at 0.6810
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).
|52wk High||2.76||52wk High Date||2021-09-29|
|52wk Low||0.5||52wk Low Date||2022-06-21|
|Average Volume||813,694||Shares Outstanding||111,755|