Is Ocean Power Technologies, Inc. technically bullish or bearish?

Sep 20 2025 07:46 PM IST
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As of August 1, 2025, Ocean Power Technologies, Inc. shows a mildly bullish trend with mixed signals across time frames, having underperformed the S&P 500 year-to-date at -50.07% but significantly outperformed it over the past year with a return of 176.19%.
As of 1 August 2025, the technical trend for Ocean Power Technologies, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating mild bullishness, while the monthly MACD and Bollinger Bands also show mild bullish signals. However, the weekly MACD and KST are mildly bearish, and the monthly RSI is bearish, suggesting mixed signals across different time frames.

In terms of performance, the stock has underperformed the S&P 500 year-to-date with a return of -50.07% compared to the S&P's 12.22%, but it has significantly outperformed over the past year with a return of 176.19% versus 17.14% for the benchmark.
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