OPTT Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Ocean Power Technologies Inc (OPTT.A) Moving Averages Convergence Divergence (MACD) indicator is 0.0488, suggesting OPTT.A is Strong buy.

Ocean Power Technologies Inc (OPTT.A) 20-Day simple moving average is 0.461, while Ocean Power Technologies Inc (OPTT.A) share price is $0.5589, making it Buy.

Ocean Power Technologies Inc (OPTT.A) 60-Day simple moving average is 0.422, while Ocean Power Technologies Inc (OPTT.A) share price is $0.5589, making it Buy.

Technical Analysis for OPTT

Technical Sentiment Analysis for Ocean Power Technologies Inc (OPTT) As of 2026-01-29, Ocean Power Technologies Inc (OPTT) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 9 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OPTT stands at 56.872, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.0488, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 72.3 and the Commodity Channel Index (CCI) at 85.903 further confirm a 0.086 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, OPTT is trading below its 60-day moving average of $0.422 and below its 200-day long-term moving average of $0.493. Key price levels to watch include the immediate resistance at $0.687 and strong support at $0.343. A break above $0.687 could signal a bull continuation, while falling below $0.343 may test the next Fibonacci floor at $0.188.

Ocean Power Technologies Inc (OPTT) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	-0.000803	0.188	0.343	0.532	0.687	0.876	1.031
Fibonacci	0.188	0.319	0.4	0.532	0.663	0.744	0.876

Ocean Power Technologies Inc (OPTT) Technical Indicators

2026-01-29

Name	Value
RSI_14	56.872
STOCHk_14_3_3	72.3
STOCHd_14_3_3	72.01
CCI_20	85.903
AO_5_34	0.166
MOM_10	0.086
MACD_12_26_9	0.0488

Ocean Power Technologies Inc (OPTT) Relative Strength Index (RSI) is 56.872, creating a Neutral signal.

Ocean Power Technologies Inc (OPTT) Stochastic Oscillator is 72.3, creating a Neutral signal.

Ocean Power Technologies Inc (OPTT) Stochastic RSI is 72.01, creating a Neutral signal.

Ocean Power Technologies Inc (OPTT) Commodity Channel Index (CCI) is 85.903, creating a Neutral signal.

Ocean Power Technologies Inc (OPTT) Awesome Oscillator is 0.166, creating a Buy signal.

Ocean Power Technologies Inc (OPTT) Momentum is 0.086, creating a Buy signal.

Ocean Power Technologies Inc (OPTT) MACD is 0.0488, creating a Buy signal.

Ocean Power Technologies Inc (OPTT) Moving Average

2026-01-29

Period	Simple	Signal
MA_5	0.581	Sell
MA_10	0.499	Buy
MA_20	0.461	Buy
MA_60	0.422	Buy
MA_200	0.493	Buy
MA_250	0.508	Buy

Ocean Power Technologies Inc (OPTT) 5-Day simple moving average is 0.581, while Ocean Power Technologies Inc (OPTT) share price is $0.5589, making it a Sell.

Ocean Power Technologies Inc (OPTT) 10-Day simple moving average is 0.499, while Ocean Power Technologies Inc (OPTT) share price is $0.5589, making it a Buy.

Ocean Power Technologies Inc (OPTT) 20-Day simple moving average is 0.461, while Ocean Power Technologies Inc (OPTT) share price is $0.5589, making it a Buy.

Ocean Power Technologies Inc (OPTT) 60-Day simple moving average is 0.422, while Ocean Power Technologies Inc (OPTT) share price is $0.5589, making it a Buy.

Ocean Power Technologies Inc (OPTT) 200-Day simple moving average is 0.493, while Ocean Power Technologies Inc (OPTT) share price is $0.5589, making it a Buy.

Ocean Power Technologies Inc (OPTT) 250-Day simple moving average is 0.508, while Ocean Power Technologies Inc (OPTT) share price is $0.5589, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for OPTT?

The overall technical consensus for Ocean Power Technologies Inc (OPTT) is currently strong buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 1 sell signals.

What are the key support and resistance levels for Ocean Power Technologies Inc (OPTT) today?

Based on pivot point calculations, Ocean Power Technologies Inc (OPTT) has an immediate support level at 0.343 and a major resistance level at 0.687. Traders also monitor the pivot point at 0.532 to determine the intraday trend direction.

Is Ocean Power Technologies Inc (OPTT) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Ocean Power Technologies Inc (OPTT) is currently 56.872. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Ocean Power Technologies Inc (OPTT)?

Ocean Power Technologies Inc (OPTT) Moving Averages Convergence Divergence (MACD) indicator is 0.0488, suggesting OPTT is strong buy. This indicator helps identify potential trend reversals or momentum shifts for Ocean Power Technologies Inc.

How is Ocean Power Technologies Inc (OPTT) performing relative to its 200-day moving average?

Ocean Power Technologies Inc (OPTT)is currently trading at $0.5589, which is above its 200-day simple moving average of 0.493. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.