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Ocean Power Technologies (OPTT)
NYSE MKT:OPTT

Ocean Power Technologies (OPTT) Technical Analysis

1,039 Followers

Technical Sentiment

Overall Consensus
Strong Buy
14Bullish
6Neutral
2Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Ocean Power Technologies’s (OPTT) Moving Averages Convergence Divergence (MACD) indicator is 0.06, suggesting Ocean Power Technologies is a Sell.
Ocean Power Technologies’s (OPTT) 20-Day exponential moving average is 0.30, while Ocean Power Technologies’s (OPTT) share price is $0.391, making it a Buy.
Ocean Power Technologies’s (OPTT) 50-Day exponential moving average is 0.25, while Ocean Power Technologies’s (OPTT) share price is $0.391, making it a Buy.

Ocean Power Technologies (OPTT) Pivot Points

Jul 18, 2024, 12:13 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
0.30
0.33
0.35
0.38
0.40
0.43
0.45
Fibonacci
0.33
0.35
0.36
0.38
0.40
0.41
0.43
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Ocean Power Technologies (OPTT) Moving Averages

Jul 18, 2024, 12:13 AM
Period
Simple
Exponential
MA5
0.39Buy
0.38Buy
MA10
0.39Sell
0.36Buy
MA20
0.27Buy
0.30Buy
MA50
0.22Buy
0.25Buy
MA100
0.24Buy
0.25Buy
MA200
0.28Buy
0.30Buy
Ocean Power Technologies’s (OPTT) 10-Day exponential moving average is 0.36, while Ocean Power Technologies’s (OPTT) share price is $0.391, making it a Buy.
Ocean Power Technologies’s (OPTT) 100-Day exponential moving average is 0.25, while Ocean Power Technologies’s (OPTT) share price is $0.391, making it a Buy.
Ocean Power Technologies’s (OPTT) stock price is $0.391 and Ocean Power Technologies’s (OPTT) 50-day simple moving average is 0.22, creating a Buy signal.
Ocean Power Technologies’s (OPTT) stock price is $0.391 and Ocean Power Technologies’s (OPTT) 100-day simple moving average is 0.24, creating a Buy signal.
Ocean Power Technologies’s (OPTT) stock price is $0.391 and Ocean Power Technologies’s (OPTT) 200-day simple moving average is 0.28, creating a Buy signal.

Ocean Power Technologies (OPTT) Technical Indicators

Jul 18, 2024, 12:13 AM
Name
Value
Implied Action
RSI (14)
62.93
Neutral
STOCH (9,6)
39.86
Neutral
STOCHRSI (14)
56.91
Neutral
MACD (12,26)
0.06
Sell
ADX (14)
47.06
Neutral
Williams %R
-40.96
Buy
CCI (14)
71.56
Neutral
ATR (14)
0.06
-
Ultimate Oscillator
37.58
Neutral
ROC
178.57
Buy
Ocean Power Technologies’s (OPTT) Relative Strength Index (RSI) is 62.93, creating a Neutral signal.
Ocean Power Technologies’s (OPTT) Trend Strength Indicator (ADX) is 47.06, creating a Neutral signal.
Ocean Power Technologies’s (OPTT) Commodity Channel Index (CCI) is 71.56, creating a Neutral signal.
Ocean Power Technologies’s (OPTT) Price Rate of Change (ROC) is 178.57, creating a Buy signal.

FAQ

Is OPTT a Buy, Hold, or Sell?
Based on OPTT’s technical indicators, OPTT is a Strong Buy.
    What is OPTT’s RSI (14)?
    OPTT’s RSI (14) is 62.93, which suggests OPTT is a Neutral.
      What is OPTT’s MACD?
      OPTT’s MACD is 0.06, which suggests OPTT is a Sell.
        What is OPTT’s 5-day moving average?
        OPTT’s 5-day moving average is 0.39, which suggests OPTT is a Buy.
          What is OPTT’s 20-day moving average?
          OPTT 20-day moving average is 0.27, which suggests OPTT is a Buy.
            What is OPTT’s 50-day moving average?
            OPTT’s 50-day moving average is 0.22, which suggests OPTT is a Buy.
              What is OPTT’s 200-day moving average?
              OPTT’s 200-day moving average is 0.28, which suggests OPTT is a Buy.
                What is OPTT’s Williams % R (14)?
                OPTT’s Williams % R (14) is -40.96, which suggests OPTT is a Buy.
                  What is OPTT’s CCI (14)?
                  OPTT’s CCI (14) is 71.56, which suggests OPTT is a Neutral.
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