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WAVESTONE (WAVE.PA) Stock Technical Analysis

EPA:WAVE - Euronext Paris - Matif - FR0013357621 - Common Stock - Currency: EUR

58.2  +0.4 (+0.69%)

Technical Rating and Analysis

5

Taking everything into account, WAVE scores 5 out of 10 in our technical rating. WAVE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

Warning: WAVE has an average volume of 12190 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
WAVE is one of the better performing stocks in the IT Services industry, it outperforms 75% of 71 stocks in the same industry.
WAVE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WAVE is lagging the market slightly.
Looking at the yearly performance, WAVE did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month WAVE has a been trading in the 55.20 - 63.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
WAVESTONE / WAVE Weekly stock chart
WAVESTONE / WAVE Daily stock chart
Setup Rating and Analysis

8

WAVE has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 56.50, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

46.13

62.63

We found 2 important support areas.

  • A support zone ranging from 55.69 to 56.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 46.60 to 47.30. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @60.71 from a horizontal line in the weekly time frame.
  • Resistance @62.01 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for WAVE.PA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for WAVE.PA is neutral.
ChartMill Relative Strength72.3POSITIVEWAVE.PA has a high relative strength, it outperformed 72.3% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of WAVE.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of WAVE.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of WAVE.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)51.25NEUTRALThe RSI value for WAVE.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.25NEGATIVEThe MACD value suggests WAVE.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)30.77NEUTRALThe Stochastics value for WAVE.PA is a neutral value.
Average True Range in percent/ATR (20)3.11MEDIUM VOLATILITYThe ATR as a percentage value for WAVE.PA suggests some volalility.
Average Directional Index/ADX (14)16.83NEGATIVEThe low ADX value for WAVE.PA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
WAVESTONE / WAVE Daily stock chart

WAVESTONE

EPA:WAVE (8/8/2025, 7:00:00 PM)

58.2

+0.4 (+0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.69%
1 Week3.01%
2 Weeks-4.12%
1 Month0%
3 Month13.89%
6 Month16.4%
12 Month12.14%
2 Year6.59%
3 Year25.57%
5 Year182.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.05
ATR(20)%3.11%
ATR Inc-45.61%
Range Today0.7
ADR(20)1.64
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.3
Mansfield0.58
10 Day High63
10 Day Low55.2
20 Day High63
20 Day Low55.2
52 Week High63
52 Week Low38.65
CS1 End56.5
CR1 Start60.71
Volume & EV
DER(3)-0.49%
DER(5)0.11%
Volume4.59K
Volume Incr-33.5%
Vol(5)7.43K
Vol(50)12.19K