FEG Signals
●MACD momentum is losing steam
●Stochastic is deep in oversold territory — bounce conditions forming
●Sitting near support — this level has held before and could attract buyers again
●Drifting lower — down 9.7% over the last 5 days
●Lagging the Small Ords index — relative strength of 0.87, underperforming its peers
●Below the 200-day average — the long-term trend is still working against it
●Adequate cash runway (4 quarters)
●Pre-revenue with limited cash
MEI Signals
●MACD momentum is picking up steam
●Golden cross just fired — the short-term trend is overtaking the long-term, which is classically bullish
●Knocking on the door of resistance — if it punches through, things could get interesting
●On a tear — up 19.4% over the last 5 days
●Beating the Small Ords index — relative strength of 1.26, so it's outpacing the pack
●Trading above the 200-day average — the long-term trend is on your side
●Adequate cash runway (4 quarters)
●Very high P/S ratio (1246711.5x)