Technical Analysis for OPTT - Ocean Power Technologies, Inc.

Grade Last Price % Change Price Change
D 3.67 -0.54% -0.02
OPTT closed down 0.54 percent on Friday, February 26, 2021, on 26 percent of normal volume. It ran into resistance at its 50 day moving average.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical OPTT trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Fell Below 50 DMA Bearish -0.54%
New Downtrend Bearish -0.54%
Wide Bands Range Expansion -0.54%
Lower Bollinger Band Touch Weakness -0.54%
New Uptrend Bullish -10.05%
Older End-of-Day Signals for OPTT ...

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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 Power Producers 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 7.3
52 Week Low 0.329
Average Volume 10,964,524
200-Day Moving Average 1.91
50-Day Moving Average 3.83
20-Day Moving Average 4.58
10-Day Moving Average 4.33
Average True Range 0.60
ADX 34.25
+DI 23.75
-DI 26.14
Chandelier Exit (Long, 3 ATRs ) 4.35
Chandelier Exit (Short, 3 ATRs ) 5.01
Upper Bollinger Band 5.65
Lower Bollinger Band 3.51
Percent B (%b) 0.07
BandWidth 46.70
MACD Line -0.02
MACD Signal Line 0.19
MACD Histogram -0.217
Fundamentals Value
Market Cap 104.49 Million
Num Shares 28.5 Million
EPS -4.68
Price-to-Earnings (P/E) Ratio -0.78
Price-to-Sales 18.43
Price-to-Book 8.89
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.29
Resistance 3 (R3) 4.28 4.07 4.18
Resistance 2 (R2) 4.07 3.91 4.07 4.15
Resistance 1 (R1) 3.87 3.82 3.88 3.88 4.11
Pivot Point 3.66 3.66 3.66 3.66 3.66
Support 1 (S1) 3.46 3.50 3.47 3.47 3.23
Support 2 (S2) 3.25 3.41 3.25 3.19
Support 3 (S3) 3.05 3.25 3.16
Support 4 (S4) 3.06