Technical Analysis for OPTT - Ocean Power Technologies, Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
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.
| 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% |
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Basic chart:
- Earnings date: 2019-03-12
- Sector: Utilities
- Industry: Electric Utilities
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
Energy Electricity Renewable Energy Energy Conversion Public Utilities Electrical Grid Power Producers Renewable Energy Technology Renewable Energy In The United States
| 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. | ||
See more OPTT news...
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 |
