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Eco Wave Power Global AB (publ)

WAVE Technical Analysis Summary (NASDAQ)

Analyze WAVE on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WAVE●NASDAQ
UtilitiesRenewable Utilities
$5.86
$0.04(0.68%)
U.S. Market opens in 1h 23m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WAVE Technical Analysis Summary (NASDAQ)

Eco Wave Power Global AB (publ) (NASDAQ: WAVE) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.20)
Trend Strength:Weak (ADX: 15.39)
Volatility:High (ATR: 0.39)
Support/Resistance:$5.57 – $6.28 (Bollinger Bands)

Technical conditions suggest Eco Wave Power Global AB (publ) on the NASDAQ is awaiting a decisive move. This mix signals that Eco Wave Power Global AB (publ) is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 45.20

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.88

Bullish
Oversold zone signals rebound potential.

Williams %R: -82.47

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.35

Bearish
Selling pressure outweighs buying.

Takeaway:Eco Wave Power Global AB (publ) shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.15

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.39

Weak
Weak trend, market trading sideways.

ATR (14): 0.39

Low
Low volatility, stable price action.

CCI (14): -81.50

Bearish
Bearish, momentum remains under pressure.

Takeaway:Eco Wave Power Global AB (publ) shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.28
Middle Band (SMA 20)
$5.92
Lower Band
$5.57
Current Position
Within Bands

Takeaway:Eco Wave Power Global AB (publ) trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$6.74
Middle Line (EMA 20)
$5.95
Lower Channel
$5.16
Squeeze Status
Squeeze On

Takeaway:Eco Wave Power Global AB (publ) trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume123.27K
Money Flow Index50.46Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.69Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:WAVE shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Eco Wave Power Global AB (publ) (NASDAQ: WAVE), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Eco Wave Power Global AB (publ) are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: WAVE) Technical Analysis FAQ