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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Eco Wave Power Global AB (publ) - American Depositary Shares (NASDAQ:WAVE)

Countertrend Up (+85) - WAVE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid WAVE?

MarketClub looks at technical strength and momentum to determine if the timing is right for WAVE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_WAVE
Open High Low WAVE Price Change
3.2300 3.3800 3.2071 3.3750 +0.1750
Entry Signal

MarketClub’s Trade Triangles for WAVE

long term up The long-term trend has been UP since Apr 8th, 2024 at 1.75

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 1.33

short term up The short-term trend has been UP since May 2nd, 2024 at 2.87

Smart Scan Analysis for WAVE

Based on our trend formula, WAVE is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for WAVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2300 3.3800 3.2071 3.3750 +0.1750
Prev. Close Volume Bid Ask Time
3.2000 13312 2024-05-08 11:54:26
52wk High4.9452wk High Date2024-04-10
52wk Low1.0152wk Low Date2024-04-01
Average Volume1,429,691Assets12,344,000M
Liabilities1,948,000M
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