OCEAN POWER TECHNOLOGIES INC (OPTT)
US6748705067 - Common Stock
Taking everything into account, OPTT scores 6 out of 10 in our technical rating. In the past year, OPTT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month OPTT has a been trading in the 0.14 - 0.29 range, which is quite wide. It is currently trading near the high of this range.
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 9006680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, OPTT did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
OPTT is part of the Electrical Equipment industry. There are 90 other stocks in this industry, OPTT did better than 67% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OPTT has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.14
0.36
We found 1 important support area.
- Support @0.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.36 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.21
Mansfield0.77
10 Day High0.29
10 Day Low0.14
20 Day High0.29
20 Day Low0.14
52 Week High0.57
52 Week Low0.12
Performance
1 Week94.6%
2 Weeks92.04%
1 Month96.83%
3 Month61.09%
6 Month61.99%
12 Month-23.79%
2 Year-53.44%
3 Year-85.55%
5 Year-72.46%
10 Year-99.86%
15 Year-99.98%
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)0.01
RSI(14)89.22
LBB0.09
UBB0.24
OCEAN POWER TECHNOLOGIES INC
NYSEARCA:OPTT (11/26/2024, 9:02:46 PM)
After market: 0.3398 +0.05 (+16.41%)0.2919
+0.11 (+63.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg63.07%
1 Week94.6%
2 Weeks92.04%
1 Month96.83%
3 Month61.09%
6 Month61.99%
12 Month-23.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%5.37%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.29
10 Day Low0.14
20 Day High0.29
20 Day Low0.14
52 Week High0.57
52 Week Low0.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume256.14M
Volume Incr2691.01%
Vol(5)61.66M
Vol(50)9.01M