Technical Analysis for OPTT - Ocean Power Technologies, Inc.

Grade Last Price % Change Price Change
grade F 4.42 -4.54% -0.21
OPTT closed down 4.54 percent on Friday, March 22, 2019, on 2.2 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical OPTT trend table...

Date Alert Name Type % Chg
Mar 22 New 52 Week Closing Low Bearish 0.00%
Mar 22 Stochastic Buy Signal Bullish 0.00%
Mar 22 New 52 Week Low Weakness 0.00%
Mar 22 Wide Bands Range Expansion 0.00%
Mar 22 Oversold Stochastic Weakness 0.00%
Mar 21 180 Bearish Setup Bearish Swing Setup -4.54%
Mar 21 Slingshot Bearish Bearish Swing Setup -4.54%
Mar 21 Calm After Storm Range Contraction -4.54%
Mar 21 Lower Bollinger Band Walk Weakness -4.54%
Mar 21 Wide Bands Range Expansion -4.54%

Older 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.
Energy Electricity Renewable Energy Energy Conversion Public Utilities Electrical Grid Power Producers Renewable Energy Technology 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
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 24.8
52 Week Low 4.21
Average Volume 74,109
200-Day Moving Average 11.3625
50-Day Moving Average 6.0232
20-Day Moving Average 5.5405
10-Day Moving Average 5.192
Average True Range 0.7527
ADX 20.79
+DI 33.7868
-DI 28.496
Chandelier Exit (Long, 3 ATRs ) 7.1619
Chandelier Exit (Short, 3 ATRs ) 6.4681
Upper Bollinger Band 6.8912
Lower Bollinger Band 4.1898
Percent B (%b) 0.09
BandWidth 48.757332
MACD Line -0.4295
MACD Signal Line -0.3106
MACD Histogram -0.1189
Fundamentals Value
Market Cap 54.84 Million
Num Shares 12.4 Million
EPS -1.23
Price-to-Earnings (P/E) Ratio -3.59
Price-to-Sales 18.40
Price-to-Book 1.53
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.59
Resistance 3 (R3) 5.65 5.32 5.40
Resistance 2 (R2) 5.32 5.02 5.29 5.33
Resistance 1 (R1) 4.87 4.84 4.71 4.81 5.26
Pivot Point 4.54 4.54 4.46 4.51 4.54
Support 1 (S1) 4.09 4.24 3.93 4.03 3.58
Support 2 (S2) 3.76 4.06 3.73 3.51
Support 3 (S3) 3.31 3.76 3.45
Support 4 (S4) 3.25