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Ocean Power Technologies, Inc.

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

Live technical indicators, trading signals, and momentum insights for Ocean Power Technologies, Inc..

OPTT●AMEX
IndustrialsElectrical Equipment & Parts
$0.28
$0.01(4.40%)
U.S. Market opens in 16h 48m
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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:Bearish to Weak (RSI: 37.37)
Trend Strength:Moderate (ADX: 24.05)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.29 – $0.42 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 37.37

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.78

Bearish
Momentum remains weak below midpoint.

Williams %R: -95.27

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.71

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 24.05

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -129.98

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Ocean Power Technologies, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.42
Middle Band (SMA 20)
$0.35
Lower Band
$0.29
Current Position
Below Lower Band

Takeaway:Ocean Power Technologies, Inc. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.41
Middle Line (EMA 20)
$0.36
Lower Channel
$0.30
Squeeze Status
No Squeeze

Takeaway:Ocean Power Technologies, Inc. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-38.58M
Money Flow Index45.83Neutral, balanced money flows with no clear signal.
Relative Vigor Index50.77Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:OPTT shows neutral money flow, with no clear directional pressure.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

No significant bearish signals detected.

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

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