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Ocean Power Technologies, Inc.

OPTT•AMEX
Industrials
Electrical Equipment & Parts
$0.42
$0.007(1.65%)
U.S. Market is Open • 15:18

Ocean Power Technologies, Inc. (OPTT) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Ocean Power Technologies, Inc. (AMEX:OPTT).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

OPTT Technical Analysis Summary

Ocean Power Technologies, Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.53)
Trend Strength:Weak (ADX: 14.88)
Volatility:High (ATR: 0.04)
Support/Resistance:$0.38 – $0.46 (Bollinger Bands)

Technical conditions suggest Ocean Power Technologies, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.53

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.74

Bearish
Momentum remains weak below midpoint.

Williams %R: -86.87

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.42

Strongly Bearish
Sharp downside momentum.

Takeaway:Ocean Power Technologies, Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.88

Weak
Weak trend, market trading sideways.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): -161.51

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Ocean Power Technologies, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.46
Middle Band (SMA 20)
$0.42
Lower Band
$0.38
Current Position
Within Bands

Takeaway:Ocean Power Technologies, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.51
Middle Line (EMA 20)
$0.42
Lower Channel
$0.34
Squeeze Status
Squeeze On

Takeaway:Ocean Power Technologies, Inc. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume270.41M
Money Flow Index50.56Neutral, balanced money flows with no clear signal.
Relative Vigor Index24.94Bearish, price momentum favors sellers.

Overall Takeaway:OPTT shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Ocean Power Technologies, Inc., here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Ocean Power Technologies, Inc. are mixed, suggesting a Hold or wait-and-see approach.

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