ECO WAVE POWER GLOBAL AB-ADR (WAVE)

US27900N1037 - ADR

8.95  -1.03 (-10.32%)

Technical Rating and Analysis

10

Overall WAVE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WAVE is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, WAVE did better than 99% of all other stocks.
WAVE is part of the Independent Power and Renewable Electricity Producers industry. There are 22 other stocks in this industry. WAVE outperforms 100% of them.
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.
In the last month WAVE has a been trading in the 4.65 - 12.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WAVE Weekly chart
WAVE Daily chart
Setup Rating and Analysis

5

WAVE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

3.42

10.26

When analyzing the support we notice one important area.

  • Support @3.45 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @10.16 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.39
Mansfield18.56
10 Day High11.15
10 Day Low6.86
20 Day High12.39
20 Day Low4.65
52 Week High12.39
52 Week Low1.01
Performance
1 Week2.4%
2 Weeks13.29%
1 Month60.68%
3 Month199.33%
6 Month184.13%
12 Month264.56%
2 Year122.08%
3 Year33.58%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)58.06
LBB7.08
UBB10.59
WAVE Daily chart

ECO WAVE POWER GLOBAL AB-ADR

NASDAQ:WAVE (10/31/2024, 8:00:02 PM)

8.95

-1.03 (-10.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-10.32%
1 Week2.4%
2 Weeks13.29%
1 Month60.68%
3 Month199.33%
6 Month184.13%
12 Month264.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.92
ATR(20)%17.74%
ATR Inc
Range Today1.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.15
10 Day Low6.86
20 Day High12.39
20 Day Low4.65
52 Week High12.39
52 Week Low1.01
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume95.32K
Volume Incr-30.29%
Vol(5)77.34K
Vol(50)58.83K