The market has been high on Eco Wave Power Global AB publ ADR (WAVE) stock recently. WAVE gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Eco Wave Power Global AB publ ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WAVE!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With WAVE Stock Today?
Eco Wave Power Global AB publ ADR (WAVE) stock is trading at $2.70 as of 12:45 PM on Wednesday, Sep 27, a loss of -$0.10, or -3.57% from the previous closing price of $2.80. The stock has traded between $2.69 and $2.94 so far today. Volume today is 9,005 compared to average volume of 10,892.
More About Eco Wave Power Global AB publ ADR
Eco Wave Power Global AB is a Sweden-based wave energy company engaged in the development of a smart and cost-efficient WEC, technology that converts ocean and sea waves into clean electricity. Its WEC technology employs units of point absorber floating devices, referred to as floaters, which are installed on existing marine structures such as piers, breakwaters, and jetties, or in locations in which such marine structures are required. It has its projects in Gibraltar, Israel, and other countries.
Click Here to get the full Stock Report for Eco Wave Power Global AB publ ADR stock.
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