OPTT Stock Ocean Power Technologies (OPTT, $0.19) entered Downtrend as Momentum indicator drops below 0 level on May 10, 2024

A.I.dvisor
at Tickeron.com
05/11/24
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OPTT - Ocean Power Technologies
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $0.189
Daily change: -$0.007 (-3.57%)
Daily volume: 380.7K
Capitalization: $11.2M
Industry: Industrial Machinery
This indicator may be signaling that OPTT's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 83 similar cases where OPTT's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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OPTTDaily Signal changed days agoGain/Loss if shorted
 
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General Information

an electric power generation company

Industry IndustrialMachinery

Profile
Fundamentals
Details
Industry
Electrical Products
Address
28 Engelhard Drive
Phone
+1 609 730-0400
Employees
72
Web
https://www.oceanpowertechnologies.com