OCEAN POWER TECHNOLOGIES INC (OPTT)

US6748705067 - Common Stock

0.265  0 (-1.12%)

After market: 0.2719 +0.01 (+2.6%)

Technical Rating and Analysis

0

Overall OPTT gets a technical rating of 0 out of 10. OPTT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than OPTT.
OPTT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month OPTT has a been trading in the 0.25 - 0.32 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
OPTT is part of the Electrical Equipment industry. There are 86 other stocks in this industry, OPTT did better than 44% of them.
Weekly and Daily overview Charts
OPTT Weekly chart
OPTT Daily chart
Setup Rating and Analysis

5

OPTT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

0.26

0.39

We can see 5 important resistance areas.

  • A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.29 from a trend line in the daily time frame.
  • A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.36 from a horizontal line in the daily time frame.
  • Resistance @0.39 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.26
Mansfield-4.61
10 Day High0.32
10 Day Low0.26
20 Day High0.32
20 Day Low0.25
52 Week High0.77
52 Week Low0.25
Performance
1 Week-7.02%
2 Weeks-7.99%
1 Month-10.14%
3 Month-16.14%
6 Month-32.05%
12 Month-50%
2 Year-81.21%
3 Year-91.99%
5 Year-93.98%
10 Year-99.96%
15 Year-99.98%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)38.63
LBB0.25
UBB0.31
OPTT Daily chart

OCEAN POWER TECHNOLOGIES INC

NYSEARCA:OPTT (3/28/2024, 5:56:15 PM)

After market: 0.2719 +0.01 (+2.6%)

0.265

0 (-1.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.12%
1 Week-7.02%
2 Weeks-7.99%
1 Month-10.14%
3 Month-16.14%
6 Month-32.05%
12 Month-50%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%8.23%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.32
10 Day Low0.26
20 Day High0.32
20 Day Low0.25
52 Week High0.77
52 Week Low0.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume412.07K
Volume Incr-22.68%
Vol(5)426.58K
Vol(50)411.99K