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 0.015, suggesting OPTT.A is Buy.

Ocean Power Technologies Inc (OPTT.A) 20-Day simple moving average is 0.484, while Ocean Power Technologies Inc (OPTT.A) share price is $0.4648, making it Sell.

Ocean Power Technologies Inc (OPTT.A) 60-Day simple moving average is 0.424, while Ocean Power Technologies Inc (OPTT.A) share price is $0.4648, making it Buy.

Technical Analysis for OPTT

Technical Sentiment Analysis for Ocean Power Technologies Inc (OPTT) As of 2026-02-06, Ocean Power Technologies Inc (OPTT) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OPTT stands at 50.088, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.015, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 19.345 and the Commodity Channel Index (CCI) at -35.519 further confirm a -0.0001 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, OPTT is trading below its 60-day moving average of $0.424 and below its 200-day long-term moving average of $0.495. Key price levels to watch include the immediate resistance at $0.694 and strong support at $0.38. A break above $0.694 could signal a bull continuation, while falling below $0.38 may test the next Fibonacci floor at $0.237.

Ocean Power Technologies Inc (OPTT) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0674	0.237	0.38	0.55	0.694	0.863	1.007
Fibonacci	0.237	0.357	0.431	0.55	0.67	0.744	0.863

Ocean Power Technologies Inc (OPTT) Technical Indicators

2026-02-06

Name	Value
RSI_14	50.088
STOCHk_14_3_3	19.345
STOCHd_14_3_3	21.67
CCI_20	-35.519
AO_5_34	0.0243
MOM_10	-0.0001
MACD_12_26_9	0.015

Ocean Power Technologies Inc (OPTT) Relative Strength Index (RSI) is 50.088, creating a Neutral signal.

Ocean Power Technologies Inc (OPTT) Stochastic Oscillator is 19.345, creating a Buy signal.

Ocean Power Technologies Inc (OPTT) Stochastic RSI is 21.67, creating a Neutral signal.

Ocean Power Technologies Inc (OPTT) Commodity Channel Index (CCI) is -35.519, creating a Neutral signal.

Ocean Power Technologies Inc (OPTT) Awesome Oscillator is 0.0243, creating a Buy signal.

Ocean Power Technologies Inc (OPTT) Momentum is -0.0001, creating a Sell signal.

Ocean Power Technologies Inc (OPTT) MACD is 0.015, creating a Buy signal.

Ocean Power Technologies Inc (OPTT) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	0.455	Buy
MA_10	0.524	Sell
MA_20	0.484	Sell
MA_60	0.424	Buy
MA_200	0.495	Sell
MA_250	0.501	Sell

Ocean Power Technologies Inc (OPTT) 5-Day simple moving average is 0.455, while Ocean Power Technologies Inc (OPTT) share price is $0.4648, making it a Buy.

Ocean Power Technologies Inc (OPTT) 10-Day simple moving average is 0.524, while Ocean Power Technologies Inc (OPTT) share price is $0.4648, making it a Sell.

Ocean Power Technologies Inc (OPTT) 20-Day simple moving average is 0.484, while Ocean Power Technologies Inc (OPTT) share price is $0.4648, making it a Sell.

Ocean Power Technologies Inc (OPTT) 60-Day simple moving average is 0.424, while Ocean Power Technologies Inc (OPTT) share price is $0.4648, making it a Buy.

Ocean Power Technologies Inc (OPTT) 200-Day simple moving average is 0.495, while Ocean Power Technologies Inc (OPTT) share price is $0.4648, making it a Sell.

Ocean Power Technologies Inc (OPTT) 250-Day simple moving average is 0.501, while Ocean Power Technologies Inc (OPTT) share price is $0.4648, making it a Sell.

People Also Watch

Frequently Asked Questions

What is the current technical consensus for OPTT?

The overall technical consensus for Ocean Power Technologies Inc (OPTT) is currently buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 6 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 0.38 and a major resistance level at 0.694. Traders also monitor the pivot point at 0.55 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 50.088. 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 0.015, suggesting OPTT is 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 $0.4648, which is below its 200-day simple moving average of 0.495. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.