


Technical Sentiment Analysis for Eco Wave Power Global AB (publ) (WAVE) As of 2026-07-07, Eco Wave Power Global AB (publ) (WAVE) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WAVE stands at 54.123, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.234, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 52.367 and the Commodity Channel Index (CCI) at 80.416 further confirm a 0.24 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WAVE is trading above its 60-day moving average of $8.153 and above its 200-day long-term moving average of $7.011. Key price levels to watch include the immediate resistance at $10.583 and strong support at $7.903. A break above $10.583 could signal a bull continuation, while falling below $7.903 may test the next Fibonacci floor at $6.706.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 5.223 | 6.706 | 7.903 | 9.386 | 10.583 | 12.066 | 13.263 |
| Fibonacci | 6.706 | 7.73 | 8.363 | 9.386 | 10.41 | 11.043 | 12.066 |
2026-07-07
| Name | Value |
|---|---|
| RSI_14 | 54.123 |
| STOCHk_14_3_3 | 52.367 |
| STOCHd_14_3_3 | 47.826 |
| CCI_20 | 80.416 |
| AO_5_34 | 0.192 |
| MOM_10 | 0.24 |
| MACD_12_26_9 | 0.234 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 9.05 | Buy |
| MA_10 | 9.099 | Sell |
| MA_20 | 8.477 | Buy |
| MA_60 | 8.153 | Buy |
| MA_200 | 7.011 | Buy |
| MA_250 | 7.222 | Buy |