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Eco Wave Power Global AB (WAVE) is not a strong buy at the moment for a beginner investor with a long-term strategy. The lack of significant positive catalysts, neutral trading trends, and weak financial performance make it a hold rather than a buy. While the technical indicators show some positive momentum, the absence of clear growth drivers and significant news events does not justify immediate investment.
The MACD is positively expanding, indicating mild bullish momentum. RSI is neutral at 51.559, suggesting no overbought or oversold conditions. Moving averages are converging, indicating a lack of strong directional trend. Key resistance levels are at 5.355 and 5.587, while support levels are at 4.607 and 4.375.
MACD is positively expanding, indicating mild bullish momentum. Stock has a 40% chance to increase by 8.08% in the next month.
No significant news or event-driven catalysts. Financial performance is weak with no revenue growth and negative net income. Hedge funds and insiders are neutral, showing no significant trading activity.
In Q3 2025, revenue remained at 0 with no YoY growth. Net income improved by 79.23% YoY but remains negative at -$984,000. EPS increased by 100% YoY but is still negative at -0.02. Gross margin remained at 0 with no improvement.
No analyst rating or price target data available.