IRD Signals
●Trading below both moving averages — the trend is working against this one
●Volume surging at 9.1x normal while price falls — heavy selling pressure
●Watch out — volume is flowing out even as price holds up. Distribution pattern
●Took a hit — down 13.3% over the last 5 days
●Volume-price trend suggests distribution — sellers may be sneaking out while price holds
●Volatility is expanding fast — choppy price action, so buckle up
●Below the 200-day average — the long-term trend is still working against it
●Low cash runway (3 quarters) - dilution risk
MRQ Signals
●Took a hit — down 12.5% over the last 5 days
●Beating the Small Ords index — relative strength of 1.25, so it's outpacing the pack
●Volume-price trend suggests distribution — sellers may be sneaking out while price holds
●Volatility is contracting — like a spring being compressed, breakouts often follow
●Below the 200-day average — the long-term trend is still working against it
●Adequate cash runway (8 quarters)
●Piotroski F-Score weak (3/9, low-confidence approx)
●Near 52-week low (0% of range)