On November 22, 2024 Ocean Power Technologies had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Ocean Power Technologies market sensitivity to bulls and bears. It estimates the ability of Ocean Power buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Ocean Power Balance of Power indicator one can determine a trend of the price direction.
On November 25 2024 Ocean Power Technologies was traded for 0.18 at the closing time. The top price for the day was 0.20 and the lowest listed price was 0.17 . The trading volume for the day was 23 M. The trading history from November 25, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 12.50% . The trading delta at closing time against the current closing price is 12.50% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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.
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.
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.
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.
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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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.