Technical Analysis for OPTT - Ocean Power Technologies, Inc.

Grade Last Price % Change Price Change
grade F 0.71 0.00% 0.00
OPTT closed down 1.39 percent on Friday, February 21, 2020, on 50 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical OPTT trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Inside Day Range Contraction 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Pocket Pivot Bullish Swing Setup -1.39%
Lower Bollinger Band Walk Weakness -1.39%
Outside Day Range Expansion -1.39%
Lower Bollinger Band Touch Weakness -1.39%

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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

Indicators

Indicator Value
52 Week High 16.2
52 Week Low 0.6456
Average Volume 310,424
200-Day Moving Average 1.50
50-Day Moving Average 0.84
20-Day Moving Average 0.80
10-Day Moving Average 0.76
Average True Range 0.07
ADX 23.62
+DI 16.92
-DI 23.94
Chandelier Exit (Long, 3 ATRs ) 0.72
Chandelier Exit (Short, 3 ATRs ) 0.85
Upper Bollinger Band 0.89
Lower Bollinger Band 0.70
Percent B (%b) 0.04
BandWidth 23.94
MACD Line -0.04
MACD Signal Line -0.04
MACD Histogram -0.0076
Fundamentals Value
Market Cap 8.81 Million
Num Shares 12.4 Million
EPS -1.23
Price-to-Earnings (P/E) Ratio -0.58
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) 0.74
Resistance 3 (R3) 0.74 0.72 0.74
Resistance 2 (R2) 0.72 0.72 0.73 0.73
Resistance 1 (R1) 0.72 0.71 0.72 0.72 0.73
Pivot Point 0.70 0.70 0.71 0.71 0.70
Support 1 (S1) 0.70 0.70 0.70 0.70 0.69
Support 2 (S2) 0.68 0.69 0.69 0.69
Support 3 (S3) 0.68 0.68 0.69
Support 4 (S4) 0.68