OCEAN POWER TECHNOLOGIES INC (OPTT)

US6748705067 - Common Stock

0.9244  -0.09 (-8.48%)

Technical Rating and Analysis

9

Overall OPTT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OPTT is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
OPTT is part of the Electrical Equipment industry. There are 88 other stocks in this industry. OPTT outperforms 98% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OPTT has an average volume of 42564300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that OPTT is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
OPTT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OPTT is lagging the market slightly.
In the last month OPTT has a been trading in the 0.27 - 1.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
OPTT Weekly chart
OPTT Daily chart
Setup Rating and Analysis

3

Although OPTT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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
CRS99.31
Mansfield26.72
10 Day High1.37
10 Day Low0.29
20 Day High1.37
20 Day Low0.27
52 Week High1.37
52 Week Low0.12
Performance
1 Week207.27%
2 Weeks250.45%
1 Month172.97%
3 Month530.86%
6 Month179.7%
12 Month219.12%
2 Year45.05%
3 Year-10.62%
5 Year22.42%
10 Year-98.83%
15 Year-99.92%
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)0.07
RSI(14)83.03
LBB-0.05
UBB1.01
OPTT Daily chart

OCEAN POWER TECHNOLOGIES INC

NYSEARCA:OPTT (1/3/2025, 12:05:09 PM)

0.9244

-0.09 (-8.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-8.48%
1 Week207.27%
2 Weeks250.45%
1 Month172.97%
3 Month530.86%
6 Month179.7%
12 Month219.12%
2 Year45.05%
3 Year-10.62%
5 Year22.42%
10 Year-98.83%
15 Year-99.92%
Volatility
ATR(14)0.14
ATR(20)%11.56%
ATR Inc349.64%
Range Today0.12
ADR(20)0.11
ADR(20)%12.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.31
Mansfield26.72
10 Day High1.37
10 Day Low0.29
20 Day High1.37
20 Day Low0.27
52 Week High1.37
52 Week Low0.12
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.89%
DER(5)-0.02%
Volume15.68M
Volume Incr107.59%
Vol(5)138.78M
Vol(50)42.56M