CTQ

CARETEQLTD FPO [CTQ]
Careteq Limited engages in medication management and clinical governance for health, aged, and home care sectors in Australia. The company provides healthcare safety and clinical services. Careteq Limited was incorporated in 2016 and is based in Melbourne, Australia.
Healthcare · ASX Small Cap
$0.0120 +0.0%

Updated 14 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is losing steam
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 2.3x normal while price falls — heavy selling pressure
  • Sitting near support — this level has held before and could attract buyers again
  • Drifting lower — down 7.7% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.86, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Trading above the 200-day average — the long-term trend is on your side
  • Adequate cash runway (5 quarters)
  • Low P/S ratio (1.2x)
  • Revenue in sharp decline (-18%)
  • Micro-cap ($5-20M) - high risk
  • Capital raise activity (2 events)
  • Dilution velocity warning (2 raises recently)
  • CANSLIM S: Tight float (18%)
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (3.26%/day)
  • Altman Z-Score grey zone (2.76, low-confidence approx)
  • Elevated dilution risk (2 recent capital raises)
  • Penny stock risk ($0.012)
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Piotroski F-Score weak (2/9, low-confidence approx)
  • Negative profit margins (-3%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -18% — the top line is shrinking
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Recent Catalysts

NONE Change in substantial holding
NONE Cleansing Notice
NONE Application for quotation of securities - CTQ
LOW Careteq announces Board changes

Recent ASX Announcements

2026-06-04 Change in substantial holding
2026-06-03 Cleansing Notice
2026-06-03 Application for quotation of securities - CTQ
2026-06-03 Conversion of Convertible Notes PRICE SENSITIVE
2026-06-02 Careteq announces Board changes

Key Metrics

$8.8M
Market Cap
654K
Avg Volume
2.3x
Vol Ratio
$0.01 — $0.02
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-10.9%
ROE
-2.6%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 18%
LLeader vs LaggardpassRS: 12
IInstitutional SponsorshipweakInst: 3%
MMarket DirectionneutralNeutral

Sector: Healthcare

109 tickers in this sector

View all Healthcare signals →Browse all ASX tickers A–Z →
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