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OPTT forms NR7 on June 23

Ocean Power Technologies, Inc. (OPTT) — Nightly Technical Analysis · Jun 23, 2026, 17:41 ET
OPTT finished lower by 1.25% on Tuesday, June 23rd, trading 0.8 times its typical volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 0.27, 0.27 & 0.26, with resistance at 0.28, 0.28 & 0.29. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of OPTT: F

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Ocean Power Technologies, Inc. (OPTT)