Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Ocean Power, Inc (NASDAQ:OPTT)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.3125 0.3165 0.2933 0.2971 -0.0005
Entry Signal

MarketClub’s Trade Triangles for OPTT

long term down The long term trend has been DOWN since Jun 22nd, 2018 at 1.06000

intermediate term down The intermediate term trend has been DOWN since Jan 23rd, 2019 at 0.32000

short term down The short term trend has been DOWN since Feb 12th, 2019 at 0.31101

Smart Scan Analysis for OPTT

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

-100
Smart Scan Analysis for OPTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.3125 0.3165 0.2933 0.2971 -0.0005
Prev. Close Volume Bid Ask Time
0.2976 187660 2019-02-19 11:30:46
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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