48LOW

SLD

SALUDA MED CDI FORUS [SLD]
Saluda Medical, Inc., a medical device company, develops Evoke, an investigational device for the neuromodulation industry in the United States, Australia, the United Kingdom, and the Netherlands. The company develops a closed-loop spinal cord stimulation system that measures the spinal cord's response to stimulation and adjusts on every pulse to optimize activation within the patient's therapeutic window. It also offers an application to sense, measure, and adjust the pulse. The company was founded in 2011 and is based in Bloomington, Minnesota.
Healthcare · ASX Small Cap
$0.8000 +0.0%

Updated 26 Mar 2026 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score +11First seen: 2026-02-25

Score Breakdown

Technical54
Catalyst50
Sentiment50
Fundamental73
Momentum29
Risk Gate50
Get alerts when SLD's score changes
Free watchlist with daily scans for 2,200+ ASX stocks
Track SLD — Free

Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 3.6x normal while price falls — heavy selling pressure
  • Smart money may be accumulating — volume is flowing in even though price hasn't moved yet
  • Lagging the Small Ords index — relative strength of 0.86, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Adequate cash runway (5 quarters)
  • Moderate revenue growth (+17%)
  • Near 52-week low (1% of range)
  • CANSLIM I: Institutional ownership (31%)
  • Turned profitable (NPAT positive from results)
  • Sentiment is mixed — no strong consensus either way
  • Poor risk-adjusted returns — Sharpe of -2.0 means lots of volatility for not much reward
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Deeply negative margins (-214%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 25% over the past year
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.63%/day)
  • Overseas neutral (-2pts, S&P500 neutral, VIX 25)
Ask Scout AI about SLD
"What's driving SLD's score?" "How does SLD compare to peers?" "Key risks for SLD?"
3 free messages/day · Unlimited with Pro

Recent Catalysts

NONE Update - S&P DJI March 2026 Rebalance of the All Ordinaries
NONE S&P DJI Announces March 2026 Quarterly Rebalance
NONE H1 FY2026 Results Announcement

Recent ASX Announcements

2026-03-10 Update - S&P DJI March 2026 Rebalance of the All Ordinaries PRICE SENSITIVE
2026-03-06 S&P DJI Announces March 2026 Quarterly Rebalance PRICE SENSITIVE
2026-02-25 H1 FY2026 Results Announcement PRICE SENSITIVE
2026-02-25 Half Yearly Report and Accounts PRICE SENSITIVE
2026-02-16 H1 FY26 Results Notification & Webinar

Key Metrics

N/A
Market Cap
95K
Avg Volume
3.6x
Vol Ratio
$0.79 — $1.90
52-Week Range
0.0%
Short Interest
N/A
Cash Runway
N/A
ROE
-213.8%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual Earningsinsufficient_dataCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & Demandinsufficient_dataFloat: 0%
LLeader vs LaggardlaggardRS: -10
IInstitutional SponsorshippassInst: 30%
MMarket DirectionneutralNeutral

Sector: Healthcare

Ranked #52 of 117 · Sector avg: 46

View all Healthcare signals →
Related Tickers
ATX 59PNV 56IMM 55EYE 55AHC 55
Compare:SLD vs ATXSLD vs PNVSLD vs IMM
Scout Pro — Deeper Analysis for SLD
Try Pro free for 30 days
Share this analysis

Track SLD and 2,200+ ASX stocks

Get free access to Scout's AI-powered dashboard with daily scans, watchlist alerts, and conviction scoring for every ASX small cap.

Open Dashboard — Free Free Screener
No credit card required