NYSEARCA:OPTT - NYSE Arca - US6748705067 - Common Stock - Currency: USD
Overall OPTT gets a technical rating of 7 out of 10. OPTT has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
OPTT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.50, a Stop Loss order could be placed below this zone.
0.35
When analyzing the support we can see 4 important areas.
We can see 3 important resistance 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 | UP | POSITIVE | The long term trend for OPTT is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPTT is up. |
ChartMill Relative Strength | 97.61 | POSITIVE | OPTT has a high relative strength, it outperformed 97.61% 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 | MIXED | The current price of OPTT is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OPTT is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 52.41 | 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, although the MACD value is declining. |
Stochastics (14,3) | 44.19 | NEUTRAL | The Stochastics value for OPTT is a neutral value. |
Average True Range in percent/ATR (20) | 9.36 | HIGH VOLATILITY | The high ATR as a percentage value for OPTT suggests high volalility. |
Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for OPTT suggests a possible start of a new trend. |
0.5133
-0.02 (-4.07%)