Ocean Power Stock Forecast - Relative Strength Index

OPTT Stock  USD 0.16  0.01  6.67%   
Ocean Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to 0.53 in 2024. Payables Turnover is likely to drop to 0.76 in 2024. Common Stock Shares Outstanding is likely to gain to about 62 M in 2024, despite the fact that Net Loss is likely to grow to (22.5 M).
Ocean Power Technologies has current Relative Strength Index of 45.16.
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Ocean Power Trading Date Momentum

On November 25 2024 Ocean Power Technologies was traded for  0.16  at the closing time. The top price for the day was 0.19  and the lowest listed price was  0.16 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% .
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Other Forecasting Options for Ocean Power

For every potential investor in Ocean, whether a beginner or expert, Ocean Power's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ocean Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ocean. Basic forecasting techniques help filter out the noise by identifying Ocean Power's price trends.

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Ocean Power Technologies Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ocean Power's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ocean Power's current price.

Ocean Power Market Strength Events

Market strength indicators help investors to evaluate how Ocean Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ocean Power shares will generate the highest return on investment. By undertsting and applying Ocean Power stock market strength indicators, traders can identify Ocean Power Technologies entry and exit signals to maximize returns.

Ocean Power Risk Indicators

The analysis of Ocean Power's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ocean Power's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ocean stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Additional Tools for Ocean Stock Analysis

When running Ocean Power's price analysis, check to measure Ocean Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.