What NEoWave does

NEoWave, Inc. is a privately-held financial publishing and advisory firm founded in 1983 by Glenn Neely and headquartered in Aliso Viejo, California. The company operates an advanced, proprietary extension of R.N. Elliott's Elliott Wave theory — branded NEoWave — that adds Logic Rules, Self-defining price and time limits, and Self-confirmation rules to eliminate the contradictory scenarios common in orthodox Elliott Wave analysis. Its core technical assets include the NEoWave Forecasting methodology (pattern recognition including Diametric, Symmetrical, and Triangle formations), the Neely River Trading (NRT) execution framework (which categorizes market participants into bargain hunters, trend followers, and top/bottom pickers), and the NRT Software/Profit Protection App integrated with the TradeStation trading platform. The underlying technology is rule-based and human-expert driven rather than algorithmic or AI-based; the company explicitly states no software program can predict market movements.

NEoWave monetizes through a multi-stream model: recurring subscriptions to its Forecasting Service and Neely River Trading Service (priced $27-$395/year), one-time course tuition for two 12-week programs ($895-$1,195), and book sales of Mastering Elliott Wave distributed via Amazon, Barnes & Noble, and Apple Books. A $59 4-week trial serves as the primary acquisition mechanism. The company distributes almost entirely through direct-to-consumer digital channels — its own website, email support, and social media — with TradeStation integration as the only third-party distribution partnership. There is no public API, no institutional sales motion, and no disclosed funding or institutional ownership.

The customer base is horizontally segmented across active retail traders, professional money managers and brokers, and Elliott Wave students worldwide, with testimonials originating from at least 15 countries across North America, Europe, Asia, the Middle East, and Oceania. The firm operates with 1-10 employees, no disclosed revenue, and no external institutional investment, making it a founder-controlled lifestyle business with high key-person concentration on Glenn Neely. The PCI-DSS compliant payment processing and 256-bit SSL encryption constitute the only disclosed technical/compliance infrastructure beyond the methodology itself.

Name

NEoWave

Legal name

NEoWave, Inc.

Website

https://neowave.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

1–10 employees

Short description

NEoWave is a privately-held financial publishing firm founded in 1983 by Glenn Neely, offering subscription-based Elliott Wave forecasting services, trading recommendations, and 12-week training courses to retail traders, professional money managers, and Elliott Wave students worldwide.

Ownership category

akta.pro rank

Headquarters

HQ city

Aliso Viejo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Subscription Services (Trading & Forecasting): Monthly and annual subscription services providing trading recommendations and market forecasting. Trading service covers equities, commodities, currencies, and fixed income. Forecasting service covers S&P, Gold, T-Notes, and Euro/Bitcoin.
2. Professional Trading Course: 12-week online course taught by Glenn Neely teaching Neely River Trading methodology. Offered in private, small-group, and large-group formats.
3. Advanced Wave Analysis Course: 12-week forecasting course teaching NEoWave techniques. Includes free 1-month forecasting service subscription.
4. Mastering Elliott Wave Book Sales: Sale of the foundational book Mastering Elliott Wave through Amazon, Barnes & Noble, and Apple Books. The book is also available in hardcover, Kindle, and iBooks editions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

NEoWave provides subscription-based market forecasting and trading recommendation services built on its proprietary advanced Elliott Wave methodology (NEoWave) and the Neely River Trading system. Its core offerings include weekly forecasts for S&P, Gold, T-Notes, and Euro/Bitcoin; precise entry/stop/exit trading recommendations across equities, commodities, currencies, and fixed income; 12-week educational courses on Elliott Wave and trading; and proprietary software (NRT for TradeStation and the Profit Protection App).

Product overview

NEoWave offers a comprehensive financial forecasting and trading education ecosystem centered on advanced Elliott Wave theory. The core portfolio includes the Mastering Elliott Wave book, the NEoWave Forecasting Service (weekly market forecasts), and the NEELY RIVER Trading Service (precise trading recommendations). Supporting the services are the Advanced Wave Analysis Course and Professional Trading Course (both 12-week programs), the Neely River Trading Software for TradeStation, and the Profit Protection App. Customers can access all services through a Trial Subscription, or purchase individual forecasting and trading consultation services.

Differentiator

Problem solved

Functional benefit

Brands

• Neely River Trading: A trading methodology and service developed by Glenn Neely that focuses on objective trading decisions without forecasting. Includes the NRT software for TradeStation.

Products and services

• NEoWave Forecasting Service Weekly forecasting service that delivers NEoWave-based market charts and analysis for the S&P, Gold, T-Notes, and Euro/Bitcoin, using the NEoWave methodology (Logic Rules, Self-defining price/time limits, Self-confirmation) to produce objective forecasts for individual and professional subscribers.
• NEELY RIVER Trading Service Subscription service delivering concise, easy-to-implement trading recommendations with specific entries, stops, and exits for global equities, commodities, currencies, and fixed income, designed for active traders and professional money managers.
• Advanced Wave Analysis Course 12-week course that teaches students NEoWave advanced Elliott Wave forecasting techniques, including real-time wave analysis, pattern identification, and price/time projection methods, taught live online by Glenn Neely.
• Professional Trading Course (Neely River Trading) 12-week course teaching the Neely River Trading technology for objective, unemotional trading, covering stock selection, entry timing, profit/loss management, and option strategies, with format choices of Private, Small Group, or Large Group instruction by Glenn Neely. Includes a free trial of the NRT Software.
• Neely River Trading Software (NRT) Proprietary trading software plug-in for TradeStation that automatically calculates and plots decision-based trading information on charts, enabling traders to focus on strategy and execution rather than manual chart analysis.
• Profit Protection App Intelligent trading software app integrated with TradeStation accounts that identifies positions needing attention, suggests profit-taking or loss-cutting exits, and helps manage multiple positions efficiently to protect capital.
• Mastering Elliott Wave (Book) Foundational book by Glenn Neely presenting the first scientific, objective approach to market forecasting with advanced Elliott Wave theory, sold in hardcover, Kindle, and iBooks editions.
• Trial Subscription Service 4-week bundled trial providing access to both the NEELY RIVER Trading Service and the NEoWave Forecasting Service for $59, designed as a low-friction entry point for prospective customers to experience the full service offering.

Quantifiable outcome

• 80-90% of open trading positions in profit
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature5 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Elliott Wave International: Elliott Wave International is the most direct comparable: a subscription-based research and education firm publishing Elliott Wave forecasts, market analysis, and trading guidance for retail and professional investors. It competes head-to-head with NEoWave for the same niche customer base and uses a nearly identical product/marketing structure (newsletters, courses, trial offers).
• EWAM (Elliott Wave Analysis & Mentorship): EWAM provides Elliott Wave-based forecasting, alerts, and educational programs taught by EWI founder Robert Prechter's lineage of analysts. It overlaps directly with NEoWave's forecasting subscription and training-course offerings and targets the same active technical trader persona.

Broad incumbents

• Seeking Alpha Premium: Seeking Alpha Premium is a large-scale subscription investment-research platform offering quantitative ratings, analyst articles, and premium newsletters. It competes for the same discretionary investor wallet share as NEoWave but addresses a much broader, less Elliott-Wave-specific market.
• Zacks Investment Research: Zacks is a long-established subscription research service providing stock rankings, earnings estimates, and model portfolios. While its core is fundamental rather than Elliott Wave, it competes for the same retail and professional subscriber budgets and serves professional money managers similar to NEoWave's secondary customer base.
• The Motley Fool: The Motley Fool is a large consumer-facing investment advisory and education brand offering premium stock-picking services, podcasts, and books. It addresses the same retail investor segment and competes at the top of the same subscription funnel through content marketing and free-trial offers.

Emerging players

• Real Vision: Real Vision is a subscription financial-education platform with long-form interviews, research, and market commentary targeted at sophisticated retail and professional investors. It competes for the same professional-trader and advisor segment NEoWave describes (money managers, brokers) using a higher-production video-led model.
• Warrior Trading: Warrior Trading is a retail trading-education company offering day-trading courses, chat rooms, and proprietary scanners. It addresses an adjacent active-trader segment with similar DTC subscription + paid-course economics but focuses on shorter-term momentum and gap strategies rather than Elliott Wave analysis.

Others

• TradeStation: TradeStation is the broker and trading platform into which NEoWave's NRT software is embedded. It is a distribution partner and adjacent infrastructure provider rather than a competitor; comparable because the active-trader customer base is identical and platforms increasingly bundle or compete with third-party research and analytics add-ons.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/NEoWaveTheory
• YouTubeyoutube.com/neowaveinc
• Facebookfacebook.com/NEoWaveTheory
• LinkedInlinkedin.com/company/neowave-inc
• Instagraminstagram.com/neowavetheory

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NEoWave