Aqua Metals, Inc.

Stage 4 · Declining · week 22

As of Oct 22, 2026, Aqua Metals is in Stage 4, the downtrend phase, now in week 22 (since May 21, 2026). It closed at $1.49, 85.2% below its 52-week high and below its 200-day average, which is falling.

Aqua Metals, Inc. develops recycling and refining technologies for the recovery of critical minerals and metals in the United States. More about the company

$1.49

-1.32% today

$5.3M · Micro cap

Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S4 105w

S4 20w

S4 22w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 3w → S3 4w → S4 105w → S1 11w → S4 20w → S1 1w → S4 22w current

Total tracked: 166 weeks across 7 stage runs.

AQMS among Waste Management19th of 21 by relative strength

All 21 →

Stocks in Waste Management ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	NVRIEnviri Corporation	Stage 3 · wk 5	86	−1.4%
2	CLHClean Harbors, Inc.	Stage 2 · wk 12	79	+2.5%
3	WMWaste Management, Inc.	Stage 4 · wk 5	64	+15.0%
4	RSGRepublic Services, Inc.	Stage 2 · wk 1	63	+13.9%
5	CWSTCasella Waste Systems, Inc. Class A	Stage 4 · wk 5	63	+14.3%
6	WCNWaste Connections, Inc.	Stage 4 · wk 4	60	+19.0%
7	AWXAvalon Holdings Corporation	Stage 3 · wk 2	54	0.0%
8	GFLGFL Environmental Inc. Subordinate voting shares, no par value	Stage 2 · wk 6	51	+5.4%
…19	AQMSAqua Metals, Inc.	Stage 4 · wk 22	8	−40.5%

vs 52W High

-85.2%

$1.42 lo$10.05 hi

85.2% below 52W high, deep Stage 4 damage

In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.

Stage Maturity

Week 22

1w13w26w

Week 22, extended decline

How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.

vs 200 DMA

-59.4%

200 DMA: $3.67 · sloping down

In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.

Rel Volume

0.48x

vs 50-day avg

High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-40.5%

-45.0%

-66.1%

YTD

-72.0%

-87.4%

Scan Membership

Breakout Watch

Latest: 2023-06-13

5 appearances in last 60 days. First seen: 2019-03-14.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S4

Wk 22 · Vol 0.48x

2026-10-21S4

Wk 22 · Vol 0.54x

2026-10-20S4

Wk 21 · Vol 0.84x

2026-10-19S4

Wk 21 · Vol 3.39x

2026-10-16S4

Wk 21 · Vol 0.54x

2026-10-15S4

Wk 21 · Vol 1.12x

2026-10-14S4

Wk 21 · Vol 1.78x

2026-10-13S4

Wk 20 · Vol 0.67x

2026-10-12S4

Wk 20 · Vol 5.25x

2026-10-09S4

Wk 20 · Vol 0.75x

2026-10-08S4

Wk 20 · Vol 0.60x

2026-10-07S4

Wk 20 · Vol 0.91x

Moving averages & range

50 DMA

$2.39

200 DMA

$3.67

52W High

$10.05

52W Low

$1.42

5D Low

$1.42

Resistance levels (recent highs)

20d High

$2.64

60d High

$3.00

120d High

$5.60

250d High

$9.80

Next resistance

+77.2%

to 20d High

ROE

-218.4%

Profit margin 0.0%

Dividend Yield

0.00%

P/B 0.6

Aqua Metals: quick answers

What stage is Aqua Metals in?

As of Oct 22, 2026, Aqua Metals (AQMS) is in Stage 4, the downtrend phase. It entered Stage 4 on May 21, 2026 and is in week 22. What the four stages mean

Is Aqua Metals in an uptrend?

No. Aqua Metals is in a Stage 4 downtrend. It trades 59.4% below its 200-day average, which is falling.

How far is Aqua Metals from its 52-week high?

Aqua Metals closed at $1.49 on Oct 22, 2026, 85.2% below its 52-week high of $10.05. Its 52-week low is $1.42.

How has Aqua Metals performed over the past year?

As of Oct 22, 2026, Aqua Metals is down 87.4% over the past year and down 72.0% so far in 2026.

Which sector and industry is Aqua Metals in?

Aqua Metals is in the Waste Management industry, part of the Industrials sector.

About this companyIndustrials· Waste Management

Aqua Metals, Inc. develops recycling and refining technologies for the recovery of critical minerals and metals in the United States. It engages in the development of AquaRefining process, an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system. The company serves Metals and Lithium Battery markets. Aqua Metals, Inc. was incorporated in 2014 and is headquartered in Reno, Nevada.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.