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OPTT makes New 52 Week Closing Low on July 20

Ocean Power Technologies, Inc. (OPTT) — Daily Technical Analysis & Swing Trading Signals · Jul 20, 2026, 17:44 ET
OPTT posted a 5.25% loss on Monday, July 20th, accompanied by 0.9× normal trading volume. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low, Lower Bollinger Band Walk & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 0.18, 0.18 & 0.16, with resistance at 0.2, 0.21 & 0.22. Meanwhile, Slow Stochastic is showing oversold conditions.

Current SwingTradeBot Technical Rating of OPTT: F

This might just be the start. See what else showed up for OPTT today.

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Ocean Power Technologies, Inc. (OPTT)