OCEAN POWER TECHNOLOGIES INC stock forecast: up to 0.80 USD OPTT stock price prognosis

STOCK

Forecast for Thu 03 Aug 2023 price 0.81

OCEAN POWER TECHNOLOGIES INC stock price forecast for further price development up to 42.98% (time horizon: 1 day) and price target of 0.80 USD. Short-term (time horizon: 2 weeks) OCEAN POWER TECHNOLOGIES INC share price prediction for 2023-08-03 with daily closed price projections

Key Facts

Symbol OPTT 

ISIN US6748705067 

CUSIP 674870506

Currency USD

Category Electric Services

Forecast price change %

Finance numbers

Revenue 1,155,000.0

Earnings per share -0.45

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 20.00/100

Institutional ownership list is based on filling form information

Fund ownership list is based on filling form information

Fund name Date Amount Profile
T. ROWE PRICE INDEX TRUST, INC. 2022-12-31 119800 Long
iShares Trust 2022-12-31 15 Long
iShares Trust 2022-12-31 110463 Long
Bridgeway Funds, Inc. 2022-12-30 180000 Long
Bridgeway Funds, Inc. 2023-03-31 130000 Long
Assets / Liabilities

Bollinger Bollinger Bands for OCEAN POWER TECHNOLOGIES INC can provide the information where the market is moving based on price information.

OCEAN POWER TECHNOLOGIES INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns OCEAN POWER TECHNOLOGIES INC.

On-Balance Volume information for OCEAN POWER TECHNOLOGIES INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for OCEAN POWER TECHNOLOGIES INC. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for OCEAN POWER TECHNOLOGIES INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for OCEAN POWER TECHNOLOGIES INC. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for OCEAN POWER TECHNOLOGIES INC. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for OCEAN POWER TECHNOLOGIES INC. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for OCEAN POWER TECHNOLOGIES INC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High 52W Low Market Cap

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OCEAN POWER TECHNOLOGIES INC on Nasdaq

OCEAN POWER TECHNOLOGIES INC on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-07-31 0.80 2023-06-08 08:29
2023-08-01 0.81 2023-06-08 08:29
2023-08-02 0.81 2023-06-08 08:29
2023-08-03 0.81 2023-06-08 08:29
2023-06-28 0.68 2023-06-08 08:29
2023-06-19 0.64 2023-06-08 08:29
2023-06-20 0.64 2023-06-08 08:29
2023-06-12 0.61 2023-06-08 08:29
2023-06-13 0.61 2023-06-08 08:29
2023-06-14 0.61 2023-06-08 08:29
2023-06-15 0.62 2023-06-08 08:29
2023-06-16 0.63 2023-06-08 08:29
2023-06-21 0.65 2023-06-08 08:29
2023-06-22 0.66 2023-06-08 08:29
2023-06-23 0.67 2023-06-08 08:29
2023-06-26 0.67 2023-06-08 08:29
2023-06-27 0.67 2023-06-08 08:29
2023-06-29 0.68 2023-06-08 08:29
2023-06-30 0.69 2023-06-08 08:29
2023-07-03 0.70 2023-06-08 08:29
2023-07-04 0.71 2023-06-08 08:29
2023-07-05 0.71 2023-06-08 08:29
2023-07-06 0.72 2023-06-08 08:29
2023-07-07 0.72 2023-06-08 08:29
2023-07-10 0.72 2023-06-08 08:29
2023-07-11 0.73 2023-06-08 08:29
2023-07-12 0.73 2023-06-08 08:29
2023-07-13 0.74 2023-06-08 08:29
2023-07-14 0.75 2023-06-08 08:29
2023-07-17 0.75 2023-06-08 08:29
2023-07-18 0.75 2023-06-08 08:29
2023-07-19 0.76 2023-06-08 08:29
2023-07-20 0.77 2023-06-08 08:29
2023-07-21 0.77 2023-06-08 08:29
2023-07-24 0.78 2023-06-08 08:29
2023-07-25 0.78 2023-06-08 08:29
2023-07-26 0.78 2023-06-08 08:29
2023-07-27 0.79 2023-06-08 08:29
2023-07-28 0.80 2023-06-08 08:29

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.