ERD
EROAD FPO NZX [ERD]
Technology · ASX Small Cap
$0.7450 -0.7%
Updated 2026-03-02 · Scores refresh every scan
Appeared in 2 consecutive scans→ Score +2First seen: 2026-02-25
Score Breakdown
Technical58
Catalyst53
Sentiment50
Fundamental89
Momentum66
Risk Gate50
Active Signals
Bullish Signals
- RSI approaching oversold
- MACD momentum strengthening
- Stochastic oversold
- Sustained volume spike (3.3x median) on DOWN trend
- Near support level (potential bounce)
- Volatility contracting (breakout setup)
- Cash positive / operating cashflow positive
- Low P/S ratio (0.8x)
- EPS estimates revised upward (+10pts)
- Near 52-week low (1% of range)
- CANSLIM A: Turned profitable
- CANSLIM I: Institutional ownership (43%)
- Positive 12-1 momentum (+27%)
- ASX200 bullish (+1.5% 5d)
- RBA cutting (+2pts)
Risk Signals
- Price below MAs (downtrend)
- Below 200-day MA (long-term downtrend)
- Deeply negative margins (-72%)
- Insufficient sentiment data (defaulting to neutral)
- Neutral/mixed sentiment
Recent Catalysts
NONE Capital Change Notice - Issue of Performance Share Rights
NONE EROADs Chief Executive Officer to step down in June 2026
NONE Disclosure of ceasing to have substantial holding
Announcement tone +3pts
Recent ASX Announcements
| 2026-02-18 | Capital Change Notice - Issue of Performance Share Rights |
| 2026-02-11 | EROADs Chief Executive Officer to step down in June 2026 PRICE SENSITIVE |
| 2026-01-26 | Disclosure of ceasing to have substantial holding |
| 2026-01-22 | SPH Notice - UBS Group AG and its related bodies corporate |
| 2026-01-08 | SPH Notice - UBS Group AG and its related bodies corporate |
Key Metrics
$150.9M
Market Cap
602K
Avg Volume
3.3x
Vol Ratio
$0.72 — $2.63
52-Week Range
0.0%
Short Interest
N/A
Cash Runway
-56.7%
ROE
-71.5%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | improving | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 75% |
| L | Leader vs Laggard | laggard | RS: -8 |
| I | Institutional Sponsorship | pass | Inst: 43% |
| M | Market Direction | pass | Bullish |
Sector: Technology
Ranked #46 of 103 · Sector avg: 52
View all Technology signals →