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Ocean Power Technologies, Inc.

OPTT Technical Analysis Summary (AMEX)

Analyze OPTT on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

OPTT●AMEX
IndustrialsElectrical Equipment & Parts
$0.18
$0.004(2.23%)
U.S. Market opens in 52h 25m

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 (AMEX)

Ocean Power Technologies, Inc. (AMEX: OPTT) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.09)
Trend Strength:Moderate (ADX: 21.15)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.15 – $0.22 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 45.09

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 45.15

Neutral
Mid-range signal with no clear trend.

Williams %R: -63.57

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 4.61

Bullish
Steady upward momentum.

Takeaway:Ocean Power Technologies, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.15

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -21.80

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.22
Middle Band (SMA 20)
$0.18
Lower Band
$0.15
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.23
Middle Line (EMA 20)
$0.19
Lower Channel
$0.16
Squeeze Status
No Squeeze

Takeaway:Ocean Power Technologies, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-61.08M
Money Flow Index55.38Neutral, balanced money flows with no clear signal.
Relative Vigor Index45.86Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:OPTT shows balanced money flow with a slight bullish bias.

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

Bullish Signals

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Ocean Power Technologies, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: OPTT) Technical Analysis FAQ