ELT
ELEMENTOS FPO [ELT]
Basic Materials · ASX Small Cap
$0.2850 -12.3%
Updated 21 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
- Sitting right at the lower Bollinger Band — oversold and potentially ready to snap back
- Volume surging at 2.7x normal while price falls — heavy selling pressure
- Took a hit — down 13.6% over the last 5 days
- Lagging the Small Ords index — relative strength of 0.79, underperforming its peers
- Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
- Volatility is contracting — like a spring being compressed, breakouts often follow
- Strong cash runway (13 quarters)
- Very high P/S ratio (3137.0x)
- Revenue in sharp decline (-86%)
- EPS estimates revised downward (-10pts)
- Capital raise activity (2 events)
- Dilution velocity warning (2 raises recently)
- CANSLIM S: Tight float (42%)
- CANSLIM I: Institutional ownership (23%)
- Sentiment is mixed — no strong consensus either way
- Strong long-term momentum — up 160% over the past year (excluding last month)
- The bigger volume days are the up days — volume-weighted momentum is positive (0.46%/day)
- Elevated dilution risk (2 recent capital raises)
- RBA hiking (-3pts)
- Calendar: Quarterly 4C in 12d (+5pts)
Risk Signals
- Trading below both moving averages — the trend is working against this one
- Broke below 20-day support — that's a level the market was defending, and it just gave way
- Below the 200-day average — the long-term trend is still working against it
- Piotroski F-Score weak (3/9, low-confidence approx)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Revenue declining at -86% — the top line is shrinking
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Recent Catalysts
NONE Proposed issue of securities - ELT
NONE Notification regarding unquoted securities - ELT
NONE Change of Director's Interest Notice x 2
Recent ASX Announcements
| 2026-07-02 | Proposed issue of securities - ELT |
| 2026-07-02 | Notification regarding unquoted securities - ELT |
| 2026-07-01 | Change of Director's Interest Notice x 2 |
| 2026-07-01 | Cleansing Notice |
| 2026-07-01 | Notification of cessation of securities - ELT |
Key Metrics
$142.4M
Market Cap
217K
Avg Volume
2.7x
Vol Ratio
$0.11 — $0.47
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-15.9%
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 | neutral | |
| S | Supply & Demand | pass | Float: 42% |
| L | Leader vs Laggard | laggard | RS: -11 |
| I | Institutional Sponsorship | pass | Inst: 23% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
530 tickers in this sector
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