Red List

WVEWave Life Sciences Ltd.

Healthcare · Biotechnology · small-cap ($1.1B)
-75.8%
from rolling 252-day high of $21.73 set 2025-12-09 · 254d ago
Current
$5.25
Decline depth
-75.8%
Decline σ
3.9σ
TFC
3/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$WVE landed on the list 2026-03-02, down 36.3% from its 52-week high that day — now down -75.8%.

That's 39.4 percentage points deeper than the day it joined.

Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

WVE qualifies for the Red List on decline depth.

Decline depth
-75.8%
From rolling 252-day high of $21.73, 254d ago. Past the 40% Red List threshold.
Time-frame continuity
3/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3. Past the 3/5 Watch threshold.
Decline sigma
3.9σ
Drop from local high over the last 10 bars, expressed in units of the stock's typical daily volatility (4.86% per day).

The structural read

What price action says about WVE.

WVE qualifies for the Red List on decline depth — down -75.8% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: also showing 3/5 bearish time frames.

Earnings on file: 2026-07-30. Tiering is unaffected by earnings dates — listings reflect price structure only.

Questions about WVE

What people ask.

Why is WVE on Broken Stocks?

WVE qualifies for the Red List on decline depth. It is down -75.8% from its rolling 252-day high of $21.73, set on 2025-12-09 — 254d ago.

Is WVE a falling knife?

Not by the strict technical definition. WVE is down -75.8% from its 52-week high, but that high was set 254d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. WVE is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is WVE a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is WVE trading inside its 52-week range?

At $5.25, WVE sits 1.4% of the way from its 52-week low ($5.02) to its 52-week high ($21.73). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has WVE been declining?

The current 75.8% decline accrued over 254d, which annualizes to roughly -108.9% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does WVE compare to its sector?

There are 143 other Healthcare tickers on Broken Stocks: 69 Red, 35 Amber, 39 Watch, with 50 showing recovering structural signals. Median sector decline is -36.1% — WVE's decline is deeper than the sector median.

Does WVE's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-07-30) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.