(OPTT) Ocean Power complete technical analysis [charts+indicators] | Buy/Sell Ocean Power | (OPTT) share price targets
Complete technical analysis of Ocean Power (OPTT) by charts plus indicators, forecast predictions and share price targets for Ocean Power (OPTT)
Ocean Power trades in USA in Public Utilities sector.
10 day averaged volume of Ocean Power is 1990470
Date | Daily Closing Price | Open | High | Low | Volume |
21 Wed Apr 2021 | 2.54 | 2.23 | 2.63 | 2.21 | 1.238 times |
20 Tue Apr 2021 | 2.28 | 2.26 | 2.35 | 2.18 | 1.01 times |
19 Mon Apr 2021 | 2.31 | 2.40 | 2.45 | 2.22 | 1.371 times |
16 Fri Apr 2021 | 2.45 | 2.32 | 2.49 | 2.30 | 1.203 times |
15 Thu Apr 2021 | 2.49 | 2.64 | 2.64 | 2.39 | 1.461 times |
14 Wed Apr 2021 | 2.64 | 2.70 | 2.79 | 2.59 | 0.942 times |
13 Tue Apr 2021 | 2.80 | 2.70 | 2.82 | 2.63 | 0.942 times |
12 Mon Apr 2021 | 2.76 | 2.86 | 2.88 | 2.68 | 1.074 times |
09 Fri Apr 2021 | 2.94 | 2.92 | 3.01 | 2.86 | 0.68 times |
08 Thu Apr 2021 | 2.96 | 2.98 | 3.06 | 2.93 | 0.532 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.5 as stoploss in an intra day buy trade for a target of 2.82. However, stock will show a bearish move below 2.5.
Share price targets for Ocean Power (OPTT)
Target Type | Value |
Downside Target | 2.13 |
Downside Target | 2.18 |
Downside Target | 2.30 |
Downside Target | 2.53 |
Upside Target | 2.63 |
Upside Target | 2.86 |
Upside Target | 3.21 |
Upside Target | 3.42 |
Upside Target | 3.44 |
Upside Target | 3.50 |
Upside Target | 3.59 |
Upside Target | 4.22 |
Upside Target | 6.15 |
Upside Target | 7.30 |
Intraday share price targets for Ocean Power (OPTT)
Target Type | Value |
Downside Intraday Target | 2.27 |
Downside Intraday Target | 2 |
Upside Intraday Target | 2.72 |
Upside Intraday Target | 2.9 |
Downside Intraday Target | 2.45 |
Weekly technical analysis of Ocean Power (OPTT)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Wed Apr 2021 | 2.54 | 2.40 | 2.63 | 2.18 | 0.644 times |
16 Fri Apr 2021 | 2.45 | 2.86 | 2.88 | 2.30 | 1.548 times |
09 Fri Apr 2021 | 2.94 | 3.13 | 3.22 | 2.86 | 0.487 times |
01 Thu Apr 2021 | 3.10 | 2.91 | 3.44 | 2.65 | 1.048 times |
26 Fri Mar 2021 | 2.95 | 3.57 | 3.59 | 2.53 | 0.992 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Ocean Power (OPTT)
Date | Monthly Closing Price | Open | High | Low | Volume |
21 Wed Apr 2021 | 2.54 | 3.38 | 3.42 | 2.18 | 0.284 times |
31 Wed Mar 2021 | 3.31 | 3.80 | 4.22 | 2.13 | 0.729 times |
26 Fri Feb 2021 | 3.67 | 4.35 | 6.15 | 3.21 | 0.384 times |
29 Fri Jan 2021 | 4.01 | 2.70 | 7.30 | 2.54 | 4.75 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Ocean Power (OPTT)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 24, 28, 7 | Sell |
MACD | -1, -0 | Sell |
Stochastics | 20 | Sell |
CCI | -47 | Buy |
RSI | 59 | Buy |
OBV | -17322800 | Sell |
VWAP | 3 | Sell |
ADL | 0 | Sell |
ROC | -16 | Sell |
Force Index | 0 | Sell |
Price action analysis of Ocean Power ( (OPTT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ocean Power ( (OPTT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ocean Power ( (OPTT) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ocean Power ( (OPTT) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ocean Power stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Ocean Power in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ocean Power Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ocean Power in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ocean Power is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.57 and Ocean Power (OPTT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Ocean Power (OPTT) stock. Volume based technical analysis of Ocean Power (OPTT) stock is negative.
Ocean Power Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Daily charts
NSE Gainers NSE Losers BSE Gainers BSE Losers
Munafa NEWS FeedTerms of Use Powered by ePowerPress Stock Market News!
© munafa.top2021 All Rights reserved.