COV

CLEO DIAGN FPO [COV]
Cleo Diagnostics Ltd, a biotechnology company, focuses on the development and commercializing of non-invasive blood tests to detect ovarian cancer in Australia. The company offers CleoDX pre-surgical triage tests which measures a combination of five biomarkers in serum to provide an accurate determination of malignancy risk prior to surgical referral. It also focuses on developing and testing intellectual property, testing the IP, and securing patents. Cleo Diagnostics Ltd was incorporated in 2021 and is based in Melbourne, Australia.
Healthcare · ASX Small Cap
$0.3450 -2.8%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI is looking oversold — historically a spot where stocks tend to bounce
  • MACD momentum is losing steam
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 5.2x normal while price falls — heavy selling pressure
  • Sitting near support — this level has held before and could attract buyers again
  • Took a hit — down 14.8% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.73, underperforming its peers
  • Strong cash runway (15 quarters)
  • Strong revenue growth (+373%)
  • Near 52-week low (6% of range)
  • Small-cap ($20-100M)
  • Capital raise activity (1 events)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 34% over the past year
  • Revenue growing at +373% — the top line is moving in the right direction
  • Altman Z-Score grey zone (1.91, low-confidence approx)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Deeply negative margins (-157%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-1.98%/day)
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Recent Catalysts

NONE CLEO Enters Analytical Validation Phase
NONE Change in Director's Interest Notice
NONE Cleansing Notice

Recent ASX Announcements

2026-07-12 CLEO Enters Analytical Validation Phase PRICE SENSITIVE
2026-07-07 Change in Director's Interest Notice
2026-05-28 Cleansing Notice
2026-05-28 Application for quotation of securities - COV

Key Metrics

$50.7M
Market Cap
258K
Avg Volume
5.2x
Vol Ratio
$0.34 — $0.90
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-49.6%
ROE
-157.4%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 61%
LLeader vs LaggardlaggardRS: -22
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Healthcare

101 tickers in this sector

View all Healthcare signals →Browse all ASX tickers A–Z →
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IDT +28.1%ADR +27.3%LDX +23.8%EYE +17.4%ECS -16.7%
Compare:COV vs IDTCOV vs ADRCOV vs LDX
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