FRS
FORREST FPO [FRS]
Basic Materials · ASX Small Cap
$0.7200 +4.4%
Updated 2026-03-02 · Scores refresh every scan
Appeared in 3 consecutive scans→ Score +0First seen: 2026-02-25
Score Breakdown
Technical64
Catalyst53
Sentiment50
Fundamental72
Momentum74
Risk Gate50
Active Signals
Bullish Signals
- MACD momentum strengthening
- Price above MAs (uptrend)
- Breakout above 20-day resistance
- Strong 5-day momentum (+27.4%)
- Above 200-day MA (long-term uptrend)
- Adequate cash runway (6 quarters)
- Pre-revenue with limited cash
- EPS estimates revised upward (+10pts)
- Near 52-week high (99% of range)
- CANSLIM N: Near 52-week high (breakout territory)
- CANSLIM S: Tight float (24%)
- Strong 12-1 momentum (+1150%)
- Excellent risk-adjusted momentum (Sharpe 3.7)
- Pre-revenue company — Altman Z-Score not applicable
- ASX200 bullish (+1.5% 5d)
- AUD/USD strong (-2pts)
- RBA cutting (+2pts)
- Geo stress elevated (-1pts, hurt)
Risk Signals
- RSI overbought (caution)
- Stochastic overbought
- Price at upper Bollinger Band (overbought)
- Piotroski F-Score weak (3/9)
- Insufficient sentiment data (defaulting to neutral)
- Neutral/mixed sentiment
Recent Catalysts
NONE Application for quotation of securities - FRS
NONE Cleansing Statement
NONE Application for quotation of securities - FRS
Announcement tone +3pts
Recent ASX Announcements
| 2026-02-27 | Application for quotation of securities - FRS |
| 2026-02-27 | Cleansing Statement |
| 2026-02-27 | Application for quotation of securities - FRS |
| 2026-02-27 | Application for quotation of securities - FRS |
| 2026-02-27 | Change of Director's Interest Notice - DG |
Key Metrics
$684.7M
Market Cap
4.9M
Avg Volume
0.9x
Vol Ratio
$0.02 — $0.70
52-Week Range
0.0%
Short Interest
N/A
Cash Runway
-21.6%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | pass | Near 52w High |
| S | Supply & Demand | pass | Float: 24% |
| L | Leader vs Laggard | pass | RS: 35 |
| I | Institutional Sponsorship | weak | Inst: 0% |
| M | Market Direction | pass | Bullish |
Sector: Basic Materials
Ranked #31 of 570 · Sector avg: 49
View all Basic Materials signals →