Eco Wave Power Global AB (publ)
Price Action
Technical Summary
WEAKENINGEco Wave Power Global AB (publ) is in a technical downtrend, trading below key resistance levels with a broken trend structure. Relative strength is weak (RS Rating: 25), showing significant lag compared to the market leaders. Earnings contraction of 178% provides fundamental context to the price action. Investors should exercise caution due to high volatility (76% annualized), which requires wider risk management.
Trend Template (Minervini)
Price vs Moving Averages
| Period | Value | Spread | Signal |
|---|---|---|---|
| 20 SMA | $4.92 | +1.40% | ABOVE |
| 50 SMA | $5.41 | -7.74% | BELOW |
| 100 SMA | $6.43 | -22.36% | BELOW |
| 150 SMA | $7.05 | -29.21% | BELOW |
| 200 SMA | $6.88 | -27.48% | BELOW |
Price Performance
Technical Indicators
Risk Profile
Volume Analysis
Earnings Momentum
Growth Trends
Compounded Sales Growth
Compounded Profit Growth
Stock Price CAGR
Return on Equity
Key Metrics
Frequently Asked Questions
Is WAVE in an uptrend right now?
WAVE has a trend score of 1/4 based on Minervini's Stage Analysis. Currently showing broken structure - 1 of 4 trend criteria are met.
Is WAVE overbought or oversold?
WAVE's RSI (14) is 41. The stock is in neutral territory, neither overbought nor oversold.
Is WAVE outperforming the market?
WAVE has a Relative Strength (RS) Rating of 25 out of 99. WAVE is currently lagging the broader market.
Where is WAVE in its 52-week range?
WAVE is trading at $4.99, which is 51% of its 52-week high ($9.87) and 11% above its 52-week low ($4.41).
How volatile is WAVE?
WAVE has a Beta of 0.74 and 52-week volatility of 76%. It's less volatile than the S&P 500 - generally more stable.