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OCEAN POWER TECHNOLOGIES INC (OPTT) Stock Technical Analysis

USA - NYSEARCA:OPTT - US6748705067 - Common Stock

0.52 USD
+0.01 (+2.2%)
Last: 10/24/2025, 8:04:02 PM
0.5222 USD
+0 (+0.42%)
After Hours: 10/24/2025, 8:04:02 PM
Technical Rating and Analysis

4

Overall OPTT gets a technical rating of 4 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 is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month OPTT has a been trading in the 0.48 - 0.67 range, which is quite wide. It is currently trading near the lows of this range.
OPTT is one of the better performing stocks in the Electrical Equipment industry, it outperforms 87% of 92 stocks in the same industry.
OPTT has an average volume of 6421420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that OPTT is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
OCEAN POWER TECHNOLOGIES INC / OPTT Weekly stock chart
OCEAN POWER TECHNOLOGIES INC / OPTT Daily stock chart
Setup Rating and Analysis

6

OPTT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.48, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.47

0.81

2 important support areas can be observed.

  • A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.47 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.58 from a horizontal line in the weekly time frame.
  • Resistance @0.59 from a horizontal line in the daily time frame.
  • Resistance @0.62 from a trend line in the daily time frame.
  • Resistance @0.80 from a trend line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for OPTT is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for OPTT is neutral.
ChartMill Relative Strength96.7POSITIVEOPTT has a high relative strength, it outperformed 96.7% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of OPTT is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of OPTT is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of OPTT is below a declining SMA(200).
Relative Strength Index/RSI (14)48.11NEUTRALThe RSI value for OPTT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests OPTT has a negative trend, although the MACD value is rising.
Stochastics (14,3)13.48OVERSOLDThe low Stochastics value suggests OPTT may be oversold.
Average True Range in percent/ATR (20)9.41HIGH VOLATILITYThe high ATR as a percentage value for OPTT suggests high volalility.
Average Directional Index/ADX (14)25.78POSITIVEThe high ADX value value for OPTT suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
OCEAN POWER TECHNOLOGIES INC / OPTT Daily stock chart

OCEAN POWER TECHNOLOGIES INC

NYSEARCA:OPTT (10/24/2025, 8:04:02 PM)

After market: 0.5222 +0 (+0.42%)

0.52

+0.01 (+2.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.2%
1 Week0%
2 Weeks0.02%
1 Month0%
3 Month-19.09%
6 Month20.45%
12 Month246.67%
2 Year74.5%
3 Year-28.77%
5 Year-69.23%
10 Year-98.87%
15 Year-99.96%
Volatility
ATR(14)0.05
ATR(20)%9.41%
ATR Inc-1.51%
Range Today0.03
ADR(20)0.04
ADR(20)%8.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.7
3 months CRS10.02
6 months CRS66.84
Mansfield-1.19
10 Day High0.61
10 Day Low0.48
20 Day High0.67
20 Day Low0.48
52 Week High1.75
52 Week Low0.14
CS1 End0.48
CR1 Start0.53
Volume & EV
DER(3)-5.55%
DER(5)-7.48%
Volume5.97M
Volume Incr5.03%
Vol(5)8.74M
Vol(50)6.42M

OCEAN POWER TECHNOLOGIES INC / OPTT FAQ

What is the ChartMill technical rating of OCEAN POWER TECHNOLOGIES INC (OPTT) stock?

ChartMill assigns a technical rating of 4 / 10 to OPTT.


Can you provide the trend direction for OCEAN POWER TECHNOLOGIES INC?

The current trend direction for OCEAN POWER TECHNOLOGIES INC (OPTT) is Bearish.


Can you provide the RSI signal for OCEAN POWER TECHNOLOGIES INC?

OCEAN POWER TECHNOLOGIES INC (OPTT) has an RSI value of 48.1097. This indicates that the stock is currently neutral.


What is the MACD signal for OCEAN POWER TECHNOLOGIES INC (OPTT) stock?

The MACD indicator for OCEAN POWER TECHNOLOGIES INC (OPTT) has a value of -0.00568879, indicating a bearish trend.


What is the short term momentum for OCEAN POWER TECHNOLOGIES INC (OPTT) stock?

The short term momentum for OCEAN POWER TECHNOLOGIES INC (OPTT) is neutral.