OCEAN POWER TECHNOLOGIES INC (OPTT) Stock Technical Analysis
NYSEARCA:OPTT • US6748705067
Overall OPTT gets a technical rating of 3 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.
- When comparing the yearly performance of all stocks, OPTT is a bad performer in the overall market: 84% of all stocks are doing better.
- OPTT is part of the Electrical Equipment industry. There are 91 other stocks in this industry, of which 63% are performing better than OPTT.
- 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 0.38 - 0.72 range, which is quite wide. It is currently trading near the lows of this range.
- OPTT has an average volume of 14953100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Considerably lower volume is observed in the last couple of days.
OPTT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.33
When analyzing the support we can see 4 important areas.
- Support @0.44 from a trend line in the daily time frame.
- Support @0.42 from a trend line in the daily time frame.
- Support @0.41 from a horizontal line in the daily time frame.
- Support @0.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.50 from a horizontal line in the weekly time frame.
- Resistance @0.69 from a trend line in the daily time frame.
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 | 16.95 | NEGATIVE | OPTT has a low relative strength, it was outperformed by 83.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPTT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPTT is above the rising 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) | 48.72 | NEUTRAL | The RSI value for OPTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OPTT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.28 | NEUTRAL | The Stochastics value for OPTT is a neutral value. |
| Average True Range in percent/ATR (20) | 15.34 | HIGH VOLATILITY | The high ATR as a percentage value for OPTT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.19 | NEUTRAL | The ADX value for OPTT suggests a possible start of a new trend. |
NYSEARCA:OPTT (2/12/2026, 10:59:10 AM)
0.4388
-0.01 (-2.49%)
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 3 / 10 to OPTT.
What is the current trend direction of OCEAN POWER TECHNOLOGIES INC (OPTT) stock?
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 48.7199. This indicates that the stock is currently neutral.
What is the support and resistance level for OPTT stock?
OCEAN POWER TECHNOLOGIES INC (OPTT) has a support level at 0.44 and a resistance level at 0.47. Check the full technical report for our detailed analysis of OPTT support and resistance levels.