


Technical Sentiment Analysis for Eco Wave Power Global AB (publ) (WAVE) As of 2026-04-21, Eco Wave Power Global AB (publ) (WAVE) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 12 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WAVE stands at 59.692, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.226, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 67.336 and the Commodity Channel Index (CCI) at 145.506 further confirm a 0.939 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WAVE is trading below its 60-day moving average of $5.635 and below its 200-day long-term moving average of $6.91. Key price levels to watch include the immediate resistance at $7.031 and strong support at $5.831. A break above $7.031 could signal a bull continuation, while falling below $5.831 may test the next Fibonacci floor at $5.265.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.631 | 5.265 | 5.831 | 6.465 | 7.031 | 7.665 | 8.231 |
| Fibonacci | 5.265 | 5.724 | 6.007 | 6.465 | 6.924 | 7.207 | 7.665 |
2026-04-21
| Name | Value |
|---|---|
| RSI_14 | 59.692 |
| STOCHk_14_3_3 | 67.336 |
| STOCHd_14_3_3 | 67.362 |
| CCI_20 | 145.506 |
| AO_5_34 | 0.513 |
| MOM_10 | 0.939 |
| MACD_12_26_9 | 0.226 |
2026-04-21
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 6.704 | Buy |
| MA_10 | 6.396 | Buy |
| MA_20 | 6.26 | Buy |
| MA_60 | 5.635 | Buy |
| MA_200 | 6.91 | Sell |
| MA_250 | 6.742 | Buy |