


Technical Sentiment Analysis for Ocean Power Technologies Inc (OPTT) As of 2026-07-07, Ocean Power Technologies Inc (OPTT) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 0 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OPTT stands at 39.214, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0205, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 32.787 and the Commodity Channel Index (CCI) at -90.838 further confirm a -0.0253 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, OPTT is trading below its 60-day moving average of $0.331 and below its 200-day long-term moving average of $0.409. Key price levels to watch include the immediate resistance at $0.282 and strong support at $0.24. A break above $0.282 could signal a bull continuation, while falling below $0.24 may test the next Fibonacci floor at $0.219.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.198 | 0.219 | 0.24 | 0.261 | 0.282 | 0.304 | 0.325 |
| Fibonacci | 0.219 | 0.235 | 0.245 | 0.261 | 0.277 | 0.287 | 0.304 |
2026-07-07
| Name | Value |
|---|---|
| RSI_14 | 39.214 |
| STOCHk_14_3_3 | 32.787 |
| STOCHd_14_3_3 | 39.425 |
| CCI_20 | -90.838 |
| AO_5_34 | -0.0464 |
| MOM_10 | -0.0253 |
| MACD_12_26_9 | -0.0205 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 0.262 | Sell |
| MA_10 | 0.261 | Sell |
| MA_20 | 0.273 | Sell |
| MA_60 | 0.331 | Sell |
| MA_200 | 0.409 | Sell |
| MA_250 | 0.438 | Sell |