Stock Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Eco Wave Power Global AB (publ) - American Depositary Shares (NASDAQ:WAVE)
Long-Term Downtrend (-90) - WAVE is in a strong downtrend that is likely to continue. While WAVE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for WAVE
The long-term trend has been DOWN since Jul 6th, 2021 at 18.500
The intermediate-term trend has been DOWN since Aug 20th, 2021 at 8.000
The short-term trend has been DOWN since Oct 22nd, 2021 at 7.203
Smart Scan Analysis for WAVE
Based on our trend formula, WAVE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||30||52wk High Date||2021-07-02|
|52wk Low||6.25||52wk Low Date||2021-10-05|