Stock Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
Ocean Power, Inc (NASDAQ:OPTT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for OPTT
The long term trend has been UP since Mar 12th, 2019 at 0.5002
The intermediate term trend has been DOWN since Apr 8th, 2019 at 2.9500
The short term trend has been UP since May 13th, 2019 at 2.6600
Smart Scan Analysis for OPTT
Based on a pre-defined weighted trend formula for chart analysis, OPTT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.52||Year High Date||2018-03-19|
|Year Low||0.385||Year Low Date||2018-11-29|
|52wk High||1.52||52wk High Date||2018-03-19|
|52wk Low||0.28||52wk Low Date||2018-12-11|
|Year End Close||2.1401||Average Volume||439,497|
|Shares Outstanding||2,511||Short Interest||491,490|
|% Institutional||16||Market Cap||5M|