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Stock Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Opthea Limited - American Depositary Shares (NASDAQ:OPT)

Weak Downtrend (-65) - OPT is showing signs of a strengthening downtrend. Monitor OPT as it may be building momentum to the downside.

Is it time to buy, sell, or avoid OPT?

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OPT
Open High Low OPT Price Change
3.3700 3.3999 3.2000 3.3743 -0.0257
Entry Signal

MarketClub’s Trade Triangles for OPT

long term up The long-term trend has been UP since Dec 7th, 2023 at 2.755

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 3.494

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 3.840

Smart Scan Analysis for OPT

Based on our trend formula, OPT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for OPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3700 3.3999 3.2000 3.3743 -0.0257
Prev. Close Volume Bid Ask Time
3.3000 3255 2024-04-19 12:34:32
52wk High4.4252wk High Date2023-05-01
52wk Low1.652wk Low Date2023-10-27
Average Volume16,104Shares Outstanding9,300
Assets98,641,319MLiabilities104,494,497M
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