Eco Wave Power Global AB (publ)

Stage 4 · Declining · week 4

As of Oct 22, 2026, Eco Wave Power Global AB (publ) is in Stage 4, the downtrend phase, now in week 4 (since Sep 25, 2026). It closed at $5.13, 48.3% below its 52-week high and below its 200-day average, which is falling.

Eco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. More about the company

$5.13

+2.60% today

$32.0M · 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 15w

S2 25w

2023-08-162026-10-22

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

S4 8w → S1 6w → S4 15w → S1 2w → S4 3w → S1 3w → S2 10w → S3 7w → S2 25w → S3 9w → S4 12w → S1 9w → S2 5w → S3 2w → S2 1w → S3 6w → S4 13w → S1 7w → S2 11w → S3 7w → S4 4w current

Total tracked: 166 weeks across 21 stage runs.

WAVE among Utilities - Renewable10th of 22 by relative strength

All 22 →

Stocks in Utilities - Renewable ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	ENLTEnlight Renewable Energy Ltd.	Stage 4 · wk 2	95	−4.4%
2	ENICEnel Chile S.A.	Stage 3 · wk 5	67	0.0%
3	ELLOEllomay Capital Ltd	Stage 1 · wk 6	64	−4.4%
4	CWENClearway Energy, Inc. Class C	Stage 4 · wk 12	61	+4.3%
5	XIFRXPLR Infrastructure, LP	Stage 4 · wk 1	50	−7.8%
6	RNWReNew Energy Global plc Class A	Stage 2 · wk 14	47	+0.6%
7	ORAOrmat Technologies, Inc.	Stage 4 · wk 10	42	−8.1%
8	BEPCBrookfield Renewable Corporation Brookfield Renewable Corporation Class A Subordinate Voting Shares	Stage 4 · wk 19	38	+0.5%
…10	WAVEEco Wave Power Global AB (publ)	Stage 4 · wk 4	30	−10.8%

vs 52W High

-48.3%

$4.60 lo$9.92 hi

48.3% 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 4

1w13w26w

Week 4, early Stage 4 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

-24.1%

200 DMA: $6.76 · 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

0.76x

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.

-10.8%

-34.4%

-26.7%

YTD

-14.8%

-36.4%

Scan Membership

Breakout Watch

Latest: 2024-08-27

2 appearances in last 60 days. First seen: 2024-05-01.

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 4 · Vol 0.76x

2026-10-21S4

Wk 4 · Vol 0.38x

2026-10-20S4

Wk 4 · Vol 0.29x

2026-10-19S4

Wk 4 · Vol 0.60x

2026-10-16S4

Wk 4 · Vol 0.27x

2026-10-15S4

Wk 3 · Vol 0.34x

2026-10-14S4

Wk 3 · Vol 0.67x

2026-10-13S4

Wk 3 · Vol 0.38x

2026-10-12S4

Wk 3 · Vol 0.32x

2026-10-09S4

Wk 3 · Vol 0.29x

2026-10-08S4

Wk 2 · Vol 0.37x

2026-10-07S4

Wk 2 · Vol 0.55x

Moving averages & range

50 DMA

$6.01

200 DMA

$6.76

52W High

$9.92

52W Low

$4.60

5D Low

$5.00

Resistance levels (recent highs)

20d High

$6.05

60d High

$7.84

120d High

$9.92

250d High

$9.92

Next resistance

+17.9%

to 20d High

ROE

-48.1%

Profit margin 0.0%

Dividend Yield

0.00%

P/B 4.1

Eco Wave Power Global AB (publ): quick answers

What stage is Eco Wave Power Global AB (publ) in?

As of Oct 22, 2026, Eco Wave Power Global AB (publ) (WAVE) is in Stage 4, the downtrend phase. It entered Stage 4 on Sep 25, 2026 and is in week 4. What the four stages mean

Is Eco Wave Power Global AB (publ) in an uptrend?

No. Eco Wave Power Global AB (publ) is in a Stage 4 downtrend. It trades 24.1% below its 200-day average, which is falling.

How far is Eco Wave Power Global AB (publ) from its 52-week high?

Eco Wave Power Global AB (publ) closed at $5.13 on Oct 22, 2026, 48.3% below its 52-week high of $9.92. Its 52-week low is $4.60.

How has Eco Wave Power Global AB (publ) performed over the past year?

As of Oct 22, 2026, Eco Wave Power Global AB (publ) is down 36.4% over the past year and down 14.8% so far in 2026.

Which sector and industry is Eco Wave Power Global AB (publ) in?

Eco Wave Power Global AB (publ) is in the Utilities - Renewable industry, part of the Utilities sector.

About this companyUtilities· Utilities - Renewable

Eco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements, including power purchase agreements, concession agreements, turnkey agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts, as well as letters of intent. It operates in the United States, Taiwan, Sweden, Israel, Portugal, Mexico, India, and internationally. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. The company was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.

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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.