USA - NYSEARCA:OPTT - US6748705067 - Common Stock
Overall OPTT gets a technical rating of 6 out of 10. Although OPTT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
OPTT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
0.40
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice 3 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for OPTT is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OPTT is neutral. |
ChartMill Relative Strength | 95.84 | POSITIVE | OPTT has a high relative strength, it outperformed 95.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPTT is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OPTT is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of OPTT is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.64 | NEUTRAL | The RSI value for OPTT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OPTT has a positive trend. |
Stochastics (14,3) | 31.68 | NEUTRAL | The Stochastics value for OPTT is a neutral value. |
Average True Range in percent/ATR (20) | 6.66 | HIGH VOLATILITY | The high ATR as a percentage value for OPTT suggests high volalility. |
Average Directional Index/ADX (14) | 16.1 | NEGATIVE | The low ADX value for OPTT suggests a weak or negative trend. |
0.5281
+0.02 (+3.69%)