OCEAN POWER TECHNOLOGIES INC (OPTT) Stock Technical Analysis
NYSEARCA:OPTT - NYSE Arca - US6748705067 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to OPTT. In the last year, OPTT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
OPTT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month OPTT has a been trading in the 0.47 - 0.92 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.
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.
OPTT is part of the Electrical Equipment industry. There are 93 other stocks in this industry. OPTT outperforms 92% of them.
OPTT has an average volume of 27844500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
OPTT has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
0.50
0.51
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.9
Mansfield4.77
10 Day High0.69
10 Day Low0.47
20 Day High0.92
20 Day Low0.47
52 Week High1.75
52 Week Low0.12
Performance
1 Week-16.22%
2 Weeks-22.22%
1 Month-41.01%
3 Month47.2%
6 Month182.69%
12 Month71.76%
2 Year-5.43%
3 Year-64.45%
5 Year36.6%
10 Year-99.48%
15 Year-99.96%
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)-0.02
RSI(14)36.23
LBB0.46
UBB0.74
0.5012
0 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.79%
1 Week-16.22%
2 Weeks-22.22%
1 Month-41.01%
3 Month47.2%
6 Month182.69%
12 Month71.76%
2 Year-5.43%
3 Year-64.45%
5 Year36.6%
10 Year-99.48%
15 Year-99.96%
Volatility
ATR(14)0.07
ATR(20)%13.95%
ATR Inc-30.62%
Range Today0.04
ADR(20)0.07
ADR(20)%13.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.9
Mansfield4.77
10 Day High0.69
10 Day Low0.47
20 Day High0.92
20 Day Low0.47
52 Week High1.75
52 Week Low0.12
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-11.6%
DER(5)-8.82%
Volume3.75M
Volume Incr-53.25%
Vol(5)4.41M
Vol(50)27.84M