Technical Analysis for OPTT - Ocean Power Technologies, Inc.

Grade Last Price % Change Price Change
D 0.28 41.06% 0.08
OPTT closed up 41.06 percent on Monday, July 1, 2024, on 8.24 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
Earnings due: Jul 10
*** please verify all earnings dates ***
2 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Crossed Above 50 DMA Bullish 41.06%

   Recent Intraday Alerts

Alert Time
200 DMA Resistance about 4 hours ago
Possible Pocket Pivot about 7 hours ago
Up 2 ATRs about 7 hours ago
Rose Above Previous Day's High about 7 hours ago
Up 1 ATR about 7 hours ago

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Profile

Ocean Power Technologies, Inc. engages in the development and commercialization of proprietary systems that generate electricity by harnessing the renewable energy of ocean waves primarily in the United States, Europe, Asia, and Australia. It offers utility PowerBuoy system to supply electricity to a local or regional electric power grid; and autonomous PowerBuoy system that is designed to generate power for use independent of the power grid in remote locations. The company sells its products to public utilities, independent power producers, and other governmental entities and agencies, as well as public and private entities that use electricity in and near the ocean. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Pennington, New Jersey.
Classification

Sector: Industrials
Industry: Diversified Industrials
Keywords: Electricity Renewable Energy Energy Conversion Power Producer Public Utilities Renewable Energy Technology Electrical Grid Renewable Energy In The United States

Is OPTT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.7689
52 Week Low 0.12
Average Volume 16,654,751
200-Day Moving Average 0.28
50-Day Moving Average 0.18
20-Day Moving Average 0.16
10-Day Moving Average 0.16
Average True Range 0.03
RSI (14) 74.55
ADX 30.02
+DI 50.20
-DI 12.48
Chandelier Exit (Long, 3 ATRs) 0.19
Chandelier Exit (Short, 3 ATRs) 0.22
Upper Bollinger Bands 0.23
Lower Bollinger Band 0.09
Percent B (%b) 1.37
BandWidth 84.44
MACD Line 0.00
MACD Signal Line -0.01
MACD Histogram 0.0132
Fundamentals Value
Market Cap 16.24 Million
Num Shares 58.8 Million
EPS -0.52
Price-to-Earnings (P/E) Ratio -0.53
Price-to-Sales 4.99
Price-to-Book 0.61
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.43
Resistance 3 (R3) 0.42 0.35 0.40
Resistance 2 (R2) 0.35 0.31 0.36 0.40
Resistance 1 (R1) 0.31 0.29 0.33 0.33 0.39
Pivot Point 0.25 0.25 0.26 0.26 0.25
Support 1 (S1) 0.21 0.21 0.23 0.22 0.16
Support 2 (S2) 0.15 0.19 0.15 0.16
Support 3 (S3) 0.11 0.15 0.15
Support 4 (S4) 0.12