


Technical Sentiment Analysis for Eco Wave Power Global AB (publ) (WAVE) As of 2026-06-18, Eco Wave Power Global AB (publ) (WAVE) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 9 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WAVE stands at 49.849, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.136, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 17.898 and the Commodity Channel Index (CCI) at -51.469 further confirm a -1.361 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WAVE is trading above its 60-day moving average of $7.596 and above its 200-day long-term moving average of $7.004. Key price levels to watch include the immediate resistance at $9.02 and strong support at $6.955. A break above $9.02 could signal a bull continuation, while falling below $6.955 may test the next Fibonacci floor at $6.072.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.89 | 6.072 | 6.955 | 8.137 | 9.02 | 10.202 | 11.085 |
| Fibonacci | 6.072 | 6.861 | 7.349 | 8.137 | 8.926 | 9.414 | 10.202 |
2026-06-18
| Name | Value |
|---|---|
| RSI_14 | 49.849 |
| STOCHk_14_3_3 | 17.898 |
| STOCHd_14_3_3 | 12.402 |
| CCI_20 | -51.469 |
| AO_5_34 | -0.77 |
| MOM_10 | -1.361 |
| MACD_12_26_9 | -0.136 |
2026-06-18
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 7.66 | Buy |
| MA_10 | 7.837 | Buy |
| MA_20 | 8.426 | Sell |
| MA_60 | 7.596 | Buy |
| MA_200 | 7.004 | Buy |
| MA_250 | 7.095 | Buy |