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Is OPTT showing upside potential? 20 Day Moving Average Support shows up after tumbling 5.69%

Ocean Power Technologies, Inc. (OPTT) — Daily Technical Analysis & Swing Trading Signals · Aug 20, 2026, 17:52 ET
OPTT closed down 5.69% on Thursday, August 20th, with volume running 3.3× above average. The unusually high volume suggests institutional participation in today's move. 20 DMA Support was spotted, which could indicate a shift in momentum. Key support levels exist at 0.18, 0.17 & 0.16, with resistance at 0.19, 0.2 & 0.21.

Current SwingTradeBot Technical Rating of OPTT: F

There’s more where that came from. See all of today’s signals for OPTT here.

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Ocean Power Technologies, Inc. (OPTT)