


Technical Sentiment Analysis for Eco Wave Power Global AB (publ) (WAVE) As of 2026-05-12, Eco Wave Power Global AB (publ) (WAVE) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 10 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WAVE stands at 65.344, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.505, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 52.379 and the Commodity Channel Index (CCI) at 95.213 further confirm a 0.874 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WAVE is trading below its 60-day moving average of $6.282 and below its 200-day long-term moving average of $6.925. Key price levels to watch include the immediate resistance at $9.096 and strong support at $6.652. A break above $9.096 could signal a bull continuation, while falling below $6.652 may test the next Fibonacci floor at $5.494.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.209 | 5.494 | 6.652 | 7.938 | 9.096 | 10.381 | 11.539 |
| Fibonacci | 5.494 | 6.428 | 7.005 | 7.938 | 8.871 | 9.448 | 10.381 |
2026-05-12
| Name | Value |
|---|---|
| RSI_14 | 65.344 |
| STOCHk_14_3_3 | 52.379 |
| STOCHd_14_3_3 | 53.286 |
| CCI_20 | 95.213 |
| AO_5_34 | 1.299 |
| MOM_10 | 0.874 |
| MACD_12_26_9 | 0.505 |
2026-05-12
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 8.091 | Buy |
| MA_10 | 7.81 | Buy |
| MA_20 | 7.364 | Buy |
| MA_60 | 6.282 | Buy |
| MA_200 | 6.925 | Buy |
| MA_250 | 6.815 | Buy |