


Technical Sentiment Analysis for Eco Wave Power Global AB (publ) (WAVE) As of 2026-05-11, 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 62.232, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.486, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 51.698 and the Commodity Channel Index (CCI) at 104.726 further confirm a 0.87 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WAVE is trading below its 60-day moving average of $6.227 and below its 200-day long-term moving average of $6.929. Key price levels to watch include the immediate resistance at $9.038 and strong support at $6.594. A break above $9.038 could signal a bull continuation, while falling below $6.594 may test the next Fibonacci floor at $5.465.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.151 | 5.465 | 6.594 | 7.909 | 9.038 | 10.352 | 11.481 |
| Fibonacci | 5.465 | 6.399 | 6.975 | 7.909 | 8.842 | 9.419 | 10.352 |
2026-05-11
| Name | Value |
|---|---|
| RSI_14 | 62.232 |
| STOCHk_14_3_3 | 51.698 |
| STOCHd_14_3_3 | 57.307 |
| CCI_20 | 104.726 |
| AO_5_34 | 1.447 |
| MOM_10 | 0.87 |
| MACD_12_26_9 | 0.486 |
2026-05-11
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 8.078 | Buy |
| MA_10 | 7.723 | Buy |
| MA_20 | 7.262 | Buy |
| MA_60 | 6.227 | Buy |
| MA_200 | 6.929 | Buy |
| MA_250 | 6.808 | Buy |