80wk Downtrend — falling+below (sma 9.09 vs px 2.50)
200wk Downtrend — falling+below (sma 4496 vs px 2.50)
Seasonal Headwind — october med -4.9% (mag 1/3) · posClose 18.18% (rel 2/3) · n11 ×1 = 8.8
Earnings Headwind — ER in 0d · w1 med -8.3% (mag 3/3) · winRate 17.1% (rel 3/3) · n41
About Greenwave Technology Solutions Inc. Common Stock
Greenwave Technology Solutions, Inc., through its subsidiary, Empire Services, Inc., operates metal recycling facilities in the United States. It operates through three segments: Scrap Metal Recycling, Hauling, and Other. The company collects, classifies, and processes appliances, construction materials, end-of-life vehicles, boats, and industrial machinery. Read full Trend Edge analysis →
Sector: Industrials
Industry: Waste Management
Exchange: NASDAQ
IPO Date: January 4, 2016
Headquarters: 4016 Raintree Road, Chesapeake, VA, United States, 23321
Founder-Led: Yes — Danny Meeks (Chief Executive Officer and Chairman of the Board)
Key Metrics
Current Price
$2.04
Market Cap
$7.1M
Float
219K
Shares Outstanding
3.0M
Price/Sales (TTM)
0.12
Profit Margin
-27.65%
Operating Margin (TTM)
-17.80%
Revenue (TTM)
$60.6M
Earnings Growth (YoY)
-71.10%
Dividend Rate
None
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$6,964
-$14.7M
$5,681
-$4.4M
2021
$8.1M
-$1.6M
$2.9M
$10.2M
2022
$34.0M
-$35.0M
$12.4M
$5.5M
2023
$35.7M
-$26.9M
$14.5M
-$10.6M
2024
$33.3M
-$23.9M
$13.0M
-$10.9M
2025
$46.7M
-$21.6M
$11.9M
-$9.5M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Sep 2025
$7.3M
-$4.7M
Dec 2025
$12.7M
-$5.3M
Mar 2026
$15.6M
-$6.7M
Jun 2026
$16.3M
-$1.5M
Ownership & Float
Insider Ownership
59.2%
Institutional Ownership
0.5%
Short Float
19.6%
% of All Funds Holding
0.08%
Number of Funds Holding
7
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$3.01
Near-term / short-term trend
Weekly
40-Week SMA
$3.46
Medium-term trend
Weekly
80-Week SMA
$8.37
Cyclical trend (business cycle)
Weekly
200-Week SMA
$4274.54
Secular trend (multi-year)
Monthly
10-Month SMA
$3.50
Near-term monthly trend
Monthly
20-Month SMA
$8.94
Medium-term monthly trend
Monthly
40-Month SMA
$2435.17
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$22.00
resistance
1.11x
14 months ago
$44.00
resistance
1.18x
20 months ago
$124.00
resistance
3.39x
25 months ago
Historical Earnings Reactions (41 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
-1.40%
0.00%
41.46%
19.17%
-59.49%
1 Day
-4.30%
-1.94%
29.27%
25.00%
-62.66%
1 Week
-9.99%
-8.33%
17.07%
52.33%
-68.99%
2 Weeks
-8.30%
-12.28%
21.95%
100.00%
-83.00%
1 Month
-11.08%
-19.21%
25.00%
106.25%
-92.83%
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
15.9%
45.5%
11
Feb
-9.2%
36.4%
11
Mar
-13.0%
36.4%
11
Apr
-14.6%
9.1%
11
May
11.1%
33.3%
12
Jun
-3.6%
41.7%
12
Jul
-16.7%
25.0%
12
Aug
-12.3%
33.3%
12
Sep
-19.1%
8.3%
12
Oct
12.4%
18.2%
11
Nov
-11.5%
18.2%
11
Dec
38.7%
54.5%
11
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
0.17%
35.8%
544
Tuesday
0.01%
34.6%
598
Wednesday
-0.68%
34.8%
595
Thursday
0.32%
38.6%
585
Friday
0.03%
39.9%
582
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 0.5%
Insider Transactions — Smart Summary
Total insider ownership: 59.2%
Founder-led management: Danny Meeks (Chief Executive Officer and Chairman of the Board)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Greenwave Technology Solutions Inc. Common Stock
(GWAV) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.