Technical Analysis for WAVE - Eco Wave Power Global AB

Grade Last Price % Change Price Change
F 5.38 3.46% 0.18
WAVE closed down 0.36 percent on Tuesday, December 7, 2021, on 81 percent of normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical WAVE trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 3.46%
Lower Bollinger Band Walk Weakness 3.46%
New 52 Week Low Weakness 3.46%
Wide Bands Range Expansion 3.46%
Below Lower BB Weakness 3.46%
Down 3 Days in a Row Weakness 3.46%
Down 4 Days in a Row Weakness 3.46%
Down 5 Days in a Row Weakness 3.46%
Lower Bollinger Band Touch Weakness 3.46%
Oversold Stochastic Weakness 3.46%
Older End-of-Day Signals for WAVE ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above Previous Day's High 37 minutes ago
Rose Above Lower Bollinger Band 37 minutes ago
Up 3% 37 minutes ago
Up 2% 37 minutes ago
Up 1% 37 minutes ago
View Earlier Intraday Alerts

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Profile

Eco Wave Power Global ("EWPG") is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. EWPG's mission is to assist in the fight against climate change by enabling commercial power production from ocean and sea waves.
Classification

Sector: Utilities
Industry: Utilities-Renewable
Keywords: Energy Conversion Sustainable Technologies Energy Technology Renewable Energy Technology Physical Geography

Is WAVE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 30.0
52 Week Low 4.95
Average Volume 17,431
200-Day Moving Average 0.00
50-Day Moving Average 6.78
20-Day Moving Average 6.47
10-Day Moving Average 6.14
Average True Range 0.44
ADX 21.78
+DI 9.06
-DI 32.36
Chandelier Exit (Long, 3 ATRs) 7.01
Chandelier Exit (Short, 3 ATRs) 6.27
Upper Bollinger Bands 7.59
Lower Bollinger Band 5.36
Percent B (%b) -0.07
BandWidth 34.54
MACD Line -0.39
MACD Signal Line -0.24
MACD Histogram -0.1491
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.82
Resistance 3 (R3) 5.80 5.58 5.71
Resistance 2 (R2) 5.58 5.42 5.59 5.68
Resistance 1 (R1) 5.39 5.33 5.28 5.41 5.64
Pivot Point 5.17 5.17 5.12 5.18 5.17
Support 1 (S1) 4.98 5.01 4.87 5.00 4.76
Support 2 (S2) 4.76 4.92 4.77 4.72
Support 3 (S3) 4.57 4.76 4.69
Support 4 (S4) 4.59