Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

Ocean Power, Inc (NASDAQ:OPTT)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_OPTT
Open High Low OPTT Price Change
4.5100 4.6585 4.3001 4.4900 -0.0900
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term up The long term trend has been UP since Mar 12th, 2019 at 0.5002

intermediate term up The intermediate term trend has been UP since Mar 12th, 2019 at 0.3449

short term down The short term trend has been DOWN since Mar 18th, 2019 at 4.7300

Smart Scan Analysis for OPTT

Based on a pre-defined weighted trend formula for chart analysis, OPTT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5100 4.6585 4.3001 4.4900 -0.0900
Prev. Close Volume Bid Ask Time
0.2976 86034 2019-03-20 15:59:14
Year High1.52Year High Date2018-03-19
Year Low0.385Year Low Date2018-11-29
52wk High1.5252wk High Date2018-03-19
52wk Low0.2852wk Low Date2018-12-11
Year End Close2.1401Average Volume439,497
Shares Outstanding2,511Short Interest491,490
% Institutional16Market Cap5M
Assets33.9MLiabilities5M
Beta1.99Volatility79.07
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