25 XP 0   0   10  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

WAVE (Eco Wave Power Global AB ADR) Stock Analysis
Buy, Hold or Sell?

Let's analyze Eco Wave Power Global AB ADR together

I guess you are interested in Eco Wave Power Global AB ADR. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Eco Wave Power Global AB ADR’s Financial Insights
  • 📈 Technical Analysis (TA) – Eco Wave Power Global AB ADR’s Price Targets

I'm going to help you getting a better view of Eco Wave Power Global AB ADR. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about Eco Wave Power Global AB ADR

I send you an email if I find something interesting about Eco Wave Power Global AB ADR.

1. Quick Overview

1.1. Quick analysis of Eco Wave Power Global AB ADR (30 sec.)










1.2. What can you expect buying and holding a share of Eco Wave Power Global AB ADR? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$1.42
Expected worth in 1 year
$1.76
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
$0.34
Return On Investment
4.8%

For what price can you sell your share?

Current Price per Share
$7.10
Expected price per share
$4.41 - $10.25
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of Eco Wave Power Global AB ADR (5 min.)




Live pricePrice per Share (EOD)
$7.10
Intrinsic Value Per Share
$-3.40 - $-1.60
Total Value Per Share
$-1.98 - $-0.18

2.2. Growth of Eco Wave Power Global AB ADR (5 min.)




Is Eco Wave Power Global AB ADR growing?

Current yearPrevious yearGrowGrow %
How rich?$8.3m$7.8m$499k6.0%

How much money is Eco Wave Power Global AB ADR making?

Current yearPrevious yearGrowGrow %
Making money-$2m-$1.7m-$367k-17.7%
Net Profit Margin-1,236.3%-558.8%--

How much money comes from the company's main activities?

2.3. Financial Health of Eco Wave Power Global AB ADR (5 min.)




3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Eco Wave Power Global AB ADR?

Welcome investor! Eco Wave Power Global AB ADR's management wants to use your money to grow the business. In return you get a share of Eco Wave Power Global AB ADR.

First you should know what it really means to hold a share of Eco Wave Power Global AB ADR. And how you can make/lose money.

Speculation

The Price per Share of Eco Wave Power Global AB ADR is $7.1. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Eco Wave Power Global AB ADR.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Eco Wave Power Global AB ADR, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $1.42. Based on the TTM, the Book Value Change Per Share is $0.09 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.35 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Eco Wave Power Global AB ADR.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.36-5.0%-0.36-5.0%-0.29-4.1%-0.38-5.4%-0.38-5.3%-0.46-6.5%
Usd Book Value Change Per Share0.091.2%0.091.2%-0.35-5.0%-0.37-5.2%-0.09-1.2%14.32201.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.091.2%0.091.2%-0.35-5.0%-0.37-5.2%-0.09-1.2%14.32201.6%
Usd Price Per Share11.00-11.00-1.24-5.07-3.91-2.44-
Price to Earnings Ratio-30.94--30.94--4.24--13.72--10.38--6.49-
Price-to-Total Gains Ratio128.78-128.78--3.49-40.57-32.02-32.02-
Price to Book Ratio7.74-7.74-0.93-3.48-2.43-1.52-
Price-to-Total Gains Ratio128.78-128.78--3.49-40.57-32.02-32.02-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share7.1
Number of shares140
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.09-0.09
Usd Total Gains Per Share0.09-0.09
Gains per Quarter (140 shares)11.96-12.38
Gains per Year (140 shares)47.84-49.54
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1048380-50-60
2096860-99-110
301441340-149-160
401911820-198-210
502392300-248-260
602872780-297-310
703353260-347-360
803833740-396-410
904314220-446-460
1004784700-495-510

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.08.00.00.0%0.08.07.00.0%
Book Value Change Per Share1.00.00.0100.0%1.02.00.033.3%2.03.00.040.0%4.04.00.050.0%6.09.00.040.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.08.00.0%2.00.013.013.3%
Total Gains per Share1.00.00.0100.0%1.02.00.033.3%2.03.00.040.0%4.04.00.050.0%6.09.00.040.0%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

The key performance indicators of Eco Wave Power Global AB ADR compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0850.0850%-0.355+515%-0.367+530%-0.088+204%14.317-99%
Book Value Per Share--1.4211.4210%1.335+6%1.482-4%1.763-19%1.330+7%
Current Ratio--4.2184.2180%4.111+3%4.663-10%9.910-57%9.716-57%
Debt To Asset Ratio--0.2230.2230%0.221+1%0.205+9%0.176+27%0.401-44%
Debt To Equity Ratio--0.2820.2820%0.278+1%0.255+10%0.214+31%0.164+71%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value--70976030.00070976030.0000%13418745.200+429%36679201.803+94%36980615.428+92%36980615.428+92%
Eps---0.356-0.3560%-0.293-18%-0.382+7%-0.376+6%-0.459+29%
Ev To Ebitda Ratio---36.909-36.9090%-8.258-78%-18.331-50%-16.994-54%-16.994-54%
Ev To Sales Ratio--422.476422.4760%43.852+863%484.197-13%668.671-37%668.671-37%
Free Cash Flow Per Share---0.317-0.3170%-0.446+41%-0.395+25%-0.412+30%-0.334+6%
Free Cash Flow To Equity Per Share--0.1240.1240%-0.460+470%-0.271+318%-0.072+158%0.203-39%
Gross Profit Margin--1.0851.0850%1.127-4%1.113-3%1.0870%1.305-17%
Intrinsic Value_10Y_max---1.596----------
Intrinsic Value_10Y_min---3.402----------
Intrinsic Value_1Y_max---0.345----------
Intrinsic Value_1Y_min---0.398----------
Intrinsic Value_3Y_max---0.896----------
Intrinsic Value_3Y_min---1.153----------
Intrinsic Value_5Y_max---1.276----------
Intrinsic Value_5Y_min---1.856----------
Market Cap41476283.000-55%64259030.00064259030.0000%7243745.200+787%29631201.803+117%22814292.342+182%14258932.714+351%
Net Profit Margin---12.363-12.3630%-5.588-55%-33.394+170%-49.899+304%-44.594+261%
Operating Margin---12.244-12.2440%-5.867-52%-42.172+244%-57.566+370%-49.386+303%
Operating Ratio--14.91714.9170%8.886+68%54.242-72%65.769-77%56.038-73%
Pb Ratio4.997-55%7.7427.7420%0.929+734%3.477+123%2.428+219%1.518+410%
Pe Ratio-19.969+35%-30.938-30.9380%-4.236-86%-13.723-56%-10.379-66%-6.487-79%
Price Per Share7.100-55%11.00011.0000%1.240+787%5.072+117%3.905+182%2.441+351%
Price To Free Cash Flow Ratio-22.420+35%-34.735-34.7350%-2.779-92%-14.856-57%-10.894-69%-6.809-80%
Price To Total Gains Ratio83.119-55%128.776128.7760%-3.494+103%40.567+217%32.016+302%32.016+302%
Quick Ratio--4.6544.6540%5.971-22%6.286-26%10.732-57%10.397-55%
Return On Assets---0.194-0.1940%-0.171-12%-0.182-7%-0.173-11%-0.271+39%
Return On Equity---0.246-0.2460%-0.215-12%-0.226-8%-0.209-15%-0.154-37%
Total Gains Per Share--0.0850.0850%-0.355+515%-0.367+530%-0.088+204%14.317-99%
Usd Book Value--8300000.0008300000.0000%7801000.000+6%8658333.333-4%10296839.200-19%7769785.625+7%
Usd Book Value Change Per Share--0.0850.0850%-0.355+515%-0.367+530%-0.088+204%14.317-99%
Usd Book Value Per Share--1.4211.4210%1.335+6%1.482-4%1.763-19%1.330+7%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value--70976030.00070976030.0000%13418745.200+429%36679201.803+94%36980615.428+92%36980615.428+92%
Usd Eps---0.356-0.3560%-0.293-18%-0.382+7%-0.376+6%-0.459+29%
Usd Free Cash Flow---1850000.000-1850000.0000%-2607000.000+41%-2307333.333+25%-2404710.236+30%-1952344.356+6%
Usd Free Cash Flow Per Share---0.317-0.3170%-0.446+41%-0.395+25%-0.412+30%-0.334+6%
Usd Free Cash Flow To Equity Per Share--0.1240.1240%-0.460+470%-0.271+318%-0.072+158%0.203-39%
Usd Market Cap41476283.000-55%64259030.00064259030.0000%7243745.200+787%29631201.803+117%22814292.342+182%14258932.714+351%
Usd Price Per Share7.100-55%11.00011.0000%1.240+787%5.072+117%3.905+182%2.441+351%
Usd Profit---2077000.000-2077000.0000%-1710000.000-18%-1975000.000-5%-2106677.854+1%-1795897.503-14%
Usd Revenue--168000.000168000.0000%306000.000-45%166666.667+1%112343.658+50%74623.793+125%
Usd Total Gains Per Share--0.0850.0850%-0.355+515%-0.367+530%-0.088+204%14.317-99%
 EOD+2 -6MRQTTM+0 -0YOY+22 -163Y+23 -155Y+24 -1410Y+22 -16

3.3 Fundamental Score

Let's check the fundamental score of Eco Wave Power Global AB ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-19.969
Price to Book Ratio (EOD)Between0-14.997
Net Profit Margin (MRQ)Greater than0-12.363
Operating Margin (MRQ)Greater than0-12.244
Quick Ratio (MRQ)Greater than14.654
Current Ratio (MRQ)Greater than14.218
Debt to Asset Ratio (MRQ)Less than10.223
Debt to Equity Ratio (MRQ)Less than10.282
Return on Equity (MRQ)Greater than0.15-0.246
Return on Assets (MRQ)Greater than0.05-0.194
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Eco Wave Power Global AB ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.202
Ma 20Greater thanMa 505.849
Ma 50Greater thanMa 1006.069
Ma 100Greater thanMa 2006.665
OpenGreater thanClose6.600
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Eco Wave Power Global AB ADR

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, 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, 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. Eco Wave Power Global AB (publ) was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.

Fundamental data was last updated by Penke on 2025-06-29 20:42:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
3rd party ad coffee SUPPORTERis ad-free.

4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Eco Wave Power Global AB ADR earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Eco Wave Power Global AB ADR to the Utilities - Renewable industry mean.
  • A Net Profit Margin of -1,236.3% means that $-12.36 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Eco Wave Power Global AB ADR:

  • The MRQ is -1,236.3%. The company is making a huge loss. -2
  • The TTM is -1,236.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-1,236.3%TTM-1,236.3%0.0%
TTM-1,236.3%YOY-558.8%-677.5%
TTM-1,236.3%5Y-4,989.9%+3,753.6%
5Y-4,989.9%10Y-4,459.4%-530.5%
4.3.1.2. Return on Assets

Shows how efficient Eco Wave Power Global AB ADR is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Eco Wave Power Global AB ADR to the Utilities - Renewable industry mean.
  • -19.4% Return on Assets means that Eco Wave Power Global AB ADR generated $-0.19 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Eco Wave Power Global AB ADR:

  • The MRQ is -19.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -19.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-19.4%TTM-19.4%0.0%
TTM-19.4%YOY-17.1%-2.4%
TTM-19.4%5Y-17.3%-2.2%
5Y-17.3%10Y-27.1%+9.8%
4.3.1.3. Return on Equity

Shows how efficient Eco Wave Power Global AB ADR is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Eco Wave Power Global AB ADR to the Utilities - Renewable industry mean.
  • -24.6% Return on Equity means Eco Wave Power Global AB ADR generated $-0.25 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Eco Wave Power Global AB ADR:

  • The MRQ is -24.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -24.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-24.6%TTM-24.6%0.0%
TTM-24.6%YOY-21.5%-3.0%
TTM-24.6%5Y-20.9%-3.7%
5Y-20.9%10Y-15.4%-5.5%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of Eco Wave Power Global AB ADR.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Eco Wave Power Global AB ADR is operating .

  • Measures how much profit Eco Wave Power Global AB ADR makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Eco Wave Power Global AB ADR to the Utilities - Renewable industry mean.
  • An Operating Margin of -1,224.4% means the company generated $-12.24  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Eco Wave Power Global AB ADR:

  • The MRQ is -1,224.4%. The company is operating very inefficient. -2
  • The TTM is -1,224.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-1,224.4%TTM-1,224.4%0.0%
TTM-1,224.4%YOY-586.7%-637.7%
TTM-1,224.4%5Y-5,756.6%+4,532.2%
5Y-5,756.6%10Y-4,938.6%-818.0%
4.3.2.2. Operating Ratio

Measures how efficient Eco Wave Power Global AB ADR is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • An Operation Ratio of 14.92 means that the operating costs are $14.92 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Eco Wave Power Global AB ADR:

  • The MRQ is 14.917. The company is inefficient in keeping operating costs low. -1
  • The TTM is 14.917. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ14.917TTM14.9170.000
TTM14.917YOY8.886+6.031
TTM14.9175Y65.769-50.852
5Y65.76910Y56.038+9.731
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of Eco Wave Power Global AB ADR.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Eco Wave Power Global AB ADR is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A Current Ratio of 4.22 means the company has $4.22 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Eco Wave Power Global AB ADR:

  • The MRQ is 4.218. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.218. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.218TTM4.2180.000
TTM4.218YOY4.111+0.108
TTM4.2185Y9.910-5.692
5Y9.91010Y9.716+0.194
4.4.3.2. Quick Ratio

Measures if Eco Wave Power Global AB ADR is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Eco Wave Power Global AB ADR to the Utilities - Renewable industry mean.
  • A Quick Ratio of 4.65 means the company can pay off $4.65 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Eco Wave Power Global AB ADR:

  • The MRQ is 4.654. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 4.654. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ4.654TTM4.6540.000
TTM4.654YOY5.971-1.317
TTM4.6545Y10.732-6.078
5Y10.73210Y10.397+0.335
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of Eco Wave Power Global AB ADR.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Eco Wave Power Global AB ADR assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Eco Wave Power Global AB ADR to Utilities - Renewable industry mean.
  • A Debt to Asset Ratio of 0.22 means that Eco Wave Power Global AB ADR assets are financed with 22.3% credit (debt) and the remaining percentage (100% - 22.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Eco Wave Power Global AB ADR:

  • The MRQ is 0.223. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.223. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.223TTM0.2230.000
TTM0.223YOY0.221+0.002
TTM0.2235Y0.176+0.047
5Y0.17610Y0.401-0.225
4.5.4.2. Debt to Equity Ratio

Measures if Eco Wave Power Global AB ADR is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Eco Wave Power Global AB ADR to the Utilities - Renewable industry mean.
  • A Debt to Equity ratio of 28.2% means that company has $0.28 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Eco Wave Power Global AB ADR:

  • The MRQ is 0.282. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.282. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.282TTM0.2820.000
TTM0.282YOY0.278+0.004
TTM0.2825Y0.214+0.067
5Y0.21410Y0.164+0.050
3rd party ad coffee SUPPORTERis ad-free.

4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Eco Wave Power Global AB ADR generates.

  • Above 15 is considered overpriced but always compare Eco Wave Power Global AB ADR to the Utilities - Renewable industry mean.
  • A PE ratio of -30.94 means the investor is paying $-30.94 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Eco Wave Power Global AB ADR:

  • The EOD is -19.969. Based on the earnings, the company is expensive. -2
  • The MRQ is -30.938. Based on the earnings, the company is expensive. -2
  • The TTM is -30.938. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-19.969MRQ-30.938+10.969
MRQ-30.938TTM-30.9380.000
TTM-30.938YOY-4.236-26.702
TTM-30.9385Y-10.379-20.559
5Y-10.37910Y-6.487-3.892
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Eco Wave Power Global AB ADR:

  • The EOD is -22.420. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -34.735. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -34.735. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-22.420MRQ-34.735+12.315
MRQ-34.735TTM-34.7350.000
TTM-34.735YOY-2.779-31.956
TTM-34.7355Y-10.894-23.841
5Y-10.89410Y-6.809-4.085
3rd party ad coffee SUPPORTERis ad-free.
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Eco Wave Power Global AB ADR is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A PB ratio of 7.74 means the investor is paying $7.74 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Eco Wave Power Global AB ADR:

  • The EOD is 4.997. Based on the equity, the company is fair priced.
  • The MRQ is 7.742. Based on the equity, the company is overpriced. -1
  • The TTM is 7.742. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD4.997MRQ7.742-2.745
MRQ7.742TTM7.7420.000
TTM7.742YOY0.929+6.813
TTM7.7425Y2.428+5.314
5Y2.42810Y1.518+0.911
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Eco Wave Power Global AB ADR.

4.8.1. Institutions holding Eco Wave Power Global AB ADR

Institutions are holding 1.706% of the shares of Eco Wave Power Global AB ADR.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-03-31Commonwealth Equity Services Inc0.59910.000334997499716.6567
2025-03-31Veracity Capital LLC0.58790.083734343-1250-3.5119
2025-03-31Morgan Stanley - Brokerage Accounts0.3621021154235712.5392
2025-03-31Steward Partners Investment Advisory, LLC0.050.000229202007.3529
2025-03-31UBS Group AG0.023401365-1111-44.8708
2025-03-31BlackRock Inc0.01058400
2025-03-31JONES FINANCIAL COMPANIES LLLP0.0094055000
2025-03-31Johnson Financial Group Inc0.00340.000120000
2025-03-31SBI Securities Co Ltd0.00260150-8-5.0633
2025-03-31Rhumbline Advisers0.00160933047.619
2025-03-31FNY Investment Advisers, LLC0.0013076760
2024-12-31Royal Bank of Canada0.0002013130
2025-03-31Advisor Group Holdings, Inc.0.00010880
2025-03-31Wells Fargo & Co000-600-100
2025-03-31New England Capital Financial Advisors LLC000-50-100
2024-12-31Citadel Advisors Llc000-11210-100
2025-03-31Ipg Investment Advisors, LLC000-30050-100
Total 1.65110.084396453-36598-37.9%

4.9.2. Funds holding Eco Wave Power Global AB ADR

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-04-30Fidelity Nasdaq Composite Index0.04680.0001273200
Total 0.04680.0001273200.0%
3rd party ad coffee SUPPORTERis ad-free.

5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2024-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets10,682
Total Liabilities2,382
Total Stockholder Equity8,458
 As reported
Total Liabilities 2,382
Total Stockholder Equity+ 8,458
Total Assets = 10,682

Assets

Total Assets10,682
Total Current Assets9,445
Long-term Assets1,237
Total Current Assets
Cash And Cash Equivalents 7,845
Short-term Investments 1,254
Net Receivables 68
Inventory 0
Other Current Assets 278
Total Current Assets  (as reported)9,445
Total Current Assets  (calculated)9,445
+/-0
Long-term Assets
Property Plant Equipment 756
Long Term Investments 481
Long-term Assets  (as reported)1,237
Long-term Assets  (calculated)1,237
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities2,239
Long-term Liabilities143
Total Stockholder Equity8,458
Total Current Liabilities
Short-term Debt 1,200
Short Long Term Debt 1,102
Accounts payable 70
Other Current Liabilities 969
Total Current Liabilities  (as reported)2,239
Total Current Liabilities  (calculated)3,341
+/- 1,102
Long-term Liabilities
Capital Lease Obligations 194
Long-term Liabilities  (as reported)143
Long-term Liabilities  (calculated)194
+/- 51
Total Stockholder Equity
Common Stock102
Retained Earnings -15,071
Accumulated Other Comprehensive Income -2,368
Other Stockholders Equity 25,795
Total Stockholder Equity (as reported)8,458
Total Stockholder Equity (calculated)8,458
+/-0
Other
Capital Stock102
Cash and Short Term Investments 9,099
Common Stock Shares Outstanding 693
Liabilities and Stockholders Equity 10,682
Net Debt -6,502
Net Invested Capital 9,607
Net Working Capital 7,206
Property Plant and Equipment Gross 1,288
Short Long Term Debt Total 1,343



5.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-31
> Total Assets 
579,774
897,079
1,258,738
757,510
602,790
497,153
463,669
1,644
1,507
13,528
12,675
16,647
11,917
10,009
10,682
10,68210,00911,91716,64712,67513,5281,5071,644463,669497,153602,790757,5101,258,738897,079579,774
   > Total Current Assets 
0
0
0
0
0
0
0
537
412
11,992
10,999
15,080
10,519
8,756
9,445
9,4458,75610,51915,08010,99911,9924125370000000
       Cash And Cash Equivalents 
93,649
32,980
53,050
60,848
20,157
42,528
11,087
396
257
11,661
10,715
14,621
5,295
4,281
7,845
7,8454,2815,29514,62110,71511,66125739611,08742,52820,15760,84853,05032,98093,649
       Short-term Investments 
365,582
167,705
113,684
24,870
24,477
20
11,047
254
257
110
0
0
5,000
4,102
1,254
1,2544,1025,0000011025725411,0472024,47724,870113,684167,705365,582
       Net Receivables 
0
0
0
0
0
0
0
-48
-62
155
97
60
9
234
68
6823496097155-62-480000000
       Inventory 
0
0
4,934
0
0
0
0
31
29
6
-1,644
-3,484
60
59
0
05960-3,484-1,6446293100004,93400
   > Long-term Assets 
0
0
0
0
0
0
0
1,108
1,095
1,537
1,677
1,567
1,398
1,253
1,237
1,2371,2531,3981,5671,6771,5371,0951,1080000000
       Property Plant Equipment 
11,092
17,529
44,382
4,206
3,729
2,188
1,313
1,108
1,095
1,536
1,677
1,296
888
726
756
7567268881,2961,6771,5361,0951,1081,3132,1883,7294,20644,38217,52911,092
       Goodwill 
24,782
32,184
171,056
38,662
38,899
0
0
0
0
0
0
0
0
0
0
000000000038,89938,662171,05632,18424,782
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
272
510
527
481
48152751027200000000000
       Intangible Assets 
88,349
578,752
887,325
500,010
462,729
437,781
435,522
0
0
0
0
0
0
0
0
00000000435,522437,781462,729500,010887,325578,75288,349
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
-70
-1
0
0
0
000-1-700000000000
> Total Liabilities 
39,340
426,853
657,987
813,626
878,447
895,319
1,124,436
1,731
1,630
2,644
1,899
1,914
2,043
2,208
2,382
2,3822,2082,0431,9141,8992,6441,6301,7311,124,436895,319878,447813,626657,987426,85339,340
   > Total Current Liabilities 
16,100
49,725
167,662
212,233
136,233
790,810
144,534
74
102
708
583
903
1,859
2,130
2,239
2,2392,1301,85990358370810274144,534790,810136,233212,233167,66249,72516,100
       Short-term Debt 
0
0
0
0
0
0
0
10
0
85
96
347
1,051
1,123
1,200
1,2001,1231,05134796850100000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
220
973
1,036
1,102
1,1021,03697322000000000000
       Accounts payable 
3,406
1,630
25,885
7,417
1,952
947
5
35
11
518
43
46
75
50
70
7050754643518113559471,9527,41725,8851,6303,406
       Other Current Liabilities 
10,077
44,950
135,032
68,249
48,127
5,214
2,510
29
91
248
446
510
733
957
969
96995773351044624891292,5105,21448,12768,249135,03244,95010,077
   > Long-term Liabilities 
0
0
0
0
0
0
0
1,656
1,528
1,936
1,316
1,011
184
78
143
143781841,0111,3161,9361,5281,6560000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
-10
0
2,594
1,694
-220
-885
-1,036
-1,006
-1,006-1,036-885-2201,6942,5940-100000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
800
0
0
0
0
0
00000800000000000
> Total Stockholder Equity
539,364
469,178
600,751
0
0
0
0
-612
-757
10,865
10,776
14,733
9,874
7,950
8,458
8,4587,9509,87414,73310,77610,865-757-6120000600,751469,178539,364
   Common Stock
0
84
93
103
157
166
175
0
0
75
86
98
98
98
102
10298989886750017516615710393840
   Retained Earnings Total Equity000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
-4
-7
3
24
-103
-2,061
-2,275
-2,368
-2,368-2,275-2,061-103243-7-40000000
   Capital Surplus 000000000000000
   Treasury Stock0000000000000-70
   Other Stockholders Equity 
0
0
0
0
0
0
0
1,737
2,982
15,048
18,537
23,121
23,121
23,121
25,795
25,79523,12123,12123,12118,53715,0482,9821,7370000000



5.3. Balance Sheets

Currency in USD. All numbers in thousands.




5.4. Cash Flows

Currency in USD. All numbers in thousands.




5.5. Income Statements

Currency in USD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue168
Cost of Revenue-42
Gross Profit126126
 
Operating Income (+$)
Gross Profit126
Operating Expense-2,464
Operating Income-2,338-2,338
 
Operating Expense (+$)
Research Development536
Selling General Administrative1,795
Selling And Marketing Expenses177
Operating Expense2,4642,508
 
Net Interest Income (+$)
Interest Income434
Interest Expense-61
Other Finance Cost-0
Net Interest Income373
 
Pretax Income (+$)
Operating Income-2,338
Net Interest Income373
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-2,108-2,568
EBIT - interestExpense = -2,118
-2,077
-2,016
Interest Expense61
Earnings Before Interest and Taxes (EBIT)-2,057-2,047
Earnings Before Interest and Taxes (EBITDA)-1,923
 
After tax Income (+$)
Income Before Tax-2,108
Tax Provision--
Net Income From Continuing Ops-2,108-2,108
Net Income-2,077
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses2,506
Total Other Income/Expenses Net230-373
 

Technical Analysis of Eco Wave Power Global AB ADR
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Eco Wave Power Global AB ADR. The general trend of Eco Wave Power Global AB ADR is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Eco Wave Power Global AB ADR's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Eco Wave Power Global AB ADR Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Eco Wave Power Global AB ADR.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 7.146 < 8.75 < 10.25.

The bearish price targets are: 6.15 > 4.51 > 4.41.

Know someone who trades $WAVE? Share this with them.👇

Eco Wave Power Global AB  ADR Daily Support & Resistance Chart
3rd party ad coffee SUPPORTERis ad-free.

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Eco Wave Power Global AB ADR. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Eco Wave Power Global AB  ADR Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Eco Wave Power Global AB ADR. The current macd is 0.13014986.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Eco Wave Power Global AB ADR price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Eco Wave Power Global AB ADR. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Eco Wave Power Global AB ADR price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Eco Wave Power Global AB  ADR Daily Moving Average Convergence/Divergence (MACD) ChartEco Wave Power Global AB  ADR Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Eco Wave Power Global AB ADR. The current adx is 16.59.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Eco Wave Power Global AB ADR shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Eco Wave Power Global AB  ADR Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Eco Wave Power Global AB ADR. The current sar is 5.18416232.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Eco Wave Power Global AB  ADR Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Eco Wave Power Global AB ADR. The current rsi is 65.20. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Eco Wave Power Global AB  ADR Daily Relative Strength Index (RSI) ChartEco Wave Power Global AB  ADR Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Eco Wave Power Global AB ADR. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Eco Wave Power Global AB ADR price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Eco Wave Power Global AB  ADR Daily Stochastic Oscillator ChartEco Wave Power Global AB  ADR Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Eco Wave Power Global AB ADR. The current cci is 208.72.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Eco Wave Power Global AB  ADR Daily Commodity Channel Index (CCI) ChartEco Wave Power Global AB  ADR Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Eco Wave Power Global AB ADR. The current cmo is 43.47.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Eco Wave Power Global AB  ADR Daily Chande Momentum Oscillator (CMO) ChartEco Wave Power Global AB  ADR Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Eco Wave Power Global AB ADR. The current willr is -0.37037037.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Eco Wave Power Global AB  ADR Daily Williams %R ChartEco Wave Power Global AB  ADR Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Eco Wave Power Global AB ADR.

Eco Wave Power Global AB  ADR Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Eco Wave Power Global AB ADR. The current atr is 0.45315173.

Eco Wave Power Global AB  ADR Daily Average True Range (ATR) ChartEco Wave Power Global AB  ADR Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Eco Wave Power Global AB ADR. The current obv is 55,592,455.

Eco Wave Power Global AB  ADR Daily On-Balance Volume (OBV) ChartEco Wave Power Global AB  ADR Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Eco Wave Power Global AB ADR. The current mfi is 54.61.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Eco Wave Power Global AB  ADR Daily Money Flow Index (MFI) ChartEco Wave Power Global AB  ADR Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Eco Wave Power Global AB ADR.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-06STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-28BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-31STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-09BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-04-10STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-11RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-04-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-27STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-02STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-03MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-06-12STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-25WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-07-03BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Eco Wave Power Global AB  ADR Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Eco Wave Power Global AB ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.202
Ma 20Greater thanMa 505.849
Ma 50Greater thanMa 1006.069
Ma 100Greater thanMa 2006.665
OpenGreater thanClose6.600
Total1/5 (20.0%)
Penke
Good job! You gained 25 XP and 0   0   10 . What's next:
  • Share my analysis of Eco Wave Power Global AB ADR with someone you think should read this too:
  • Are you bullish or bearish on Eco Wave Power Global AB ADR? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Eco Wave Power Global AB ADR? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Eco Wave Power Global AB ADR

I send you an email if I find something interesting about Eco Wave Power Global AB ADR.


Comments

How you think about this?

Leave a comment

Stay informed about Eco Wave Power Global AB ADR.

Receive notifications about Eco Wave Power Global AB ADR in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.