Eco Wave Power Stock Technical Analysis

WAVE Stock  USD 9.82  1.79  15.42%   
As of the 28th of November, Eco Wave shows the Coefficient Of Variation of 587.99, downside deviation of 8.97, and Mean Deviation of 8.09. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Eco Wave, as well as the relationship between them. Please confirm Eco Wave Power information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Eco Wave Power is priced favorably, providing market reflects its regular price of 9.82 per share. Given that Eco Wave has jensen alpha of 1.94, we urge you to verify Eco Wave Power's prevailing market performance to make sure the company can sustain itself at a future point.

Eco Wave Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Eco
  
Eco Wave's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Eco Wave technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Eco Wave technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eco Wave trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Eco Wave Power Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Eco Wave Power volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eco Wave Power Trend Analysis

Use this graph to draw trend lines for Eco Wave Power. You can use it to identify possible trend reversals for Eco Wave as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Eco Wave price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Eco Wave Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eco Wave Power applied against its price change over selected period. The best fit line has a slop of   0.11  , which means Eco Wave Power will continue generating value for investors. It has 122 observation points and a regression sum of squares at 495.99, which is the sum of squared deviations for the predicted Eco Wave price change compared to its average price change.

About Eco Wave Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Eco Wave Power on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Eco Wave Power based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eco Wave Power price pattern first instead of the macroeconomic environment surrounding Eco Wave Power. By analyzing Eco Wave's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Eco Wave's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Eco Wave specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 (projected)
Interest Debt Per Share0.20.21
Revenue Per Share0.0046850.0551

Eco Wave November 28, 2024 Technical Indicators

Most technical analysis of Eco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Eco from various momentum indicators to cycle indicators. When you analyze Eco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Eco Stock analysis

When running Eco Wave's price analysis, check to measure Eco Wave's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eco Wave is operating at the current time. Most of Eco Wave's value examination focuses on studying past and present price action to predict the probability of Eco Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eco Wave's price. Additionally, you may evaluate how the addition of Eco Wave to your portfolios can decrease your overall portfolio volatility.
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