IDA
INDIANARES FPO [IDA]
Basic Materials · ASX Small Cap
$0.0210 -4.6%
Updated 22 Jul 2026 · Signals refresh every scan
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Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- Bollinger Bands are tightening — volatility is coiling up for a potential breakout
- Drifting lower — down 4.5% over the last 5 days
- Beating the Small Ords index — relative strength of 1.10, so it's outpacing the pack
- Volume-price trend suggests distribution — sellers may be sneaking out while price holds
- Volatility is contracting — like a spring being compressed, breakouts often follow
- Low cash runway (2 quarters) - dilution risk
- Revenue in sharp decline (-99%)
- Near 52-week low (3% of range)
- Micro-cap ($5-20M) - high risk
- Strong return on equity (138%)
- Sentiment is mixed — no strong consensus either way
- This one has been in freefall — down 63% over the past year
- Pre-revenue company — Altman Z-Score not applicable
- Low-priced stock risk ($0.022)
- 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
- Not enough chatter to gauge sentiment — defaulting to neutral
- Revenue declining at -99% — the top line is shrinking
- The bigger volume days are the down days — volume-weighted momentum is negative (-2.37%/day)
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Recent Catalysts
NONE Final Director's Interest Notice
NONE Change of Director's Interest Notice
NONE Initial Director's Interest Notice
Recent ASX Announcements
| 2026-07-03 | Final Director's Interest Notice |
| 2026-07-03 | Change of Director's Interest Notice |
| 2026-07-03 | Initial Director's Interest Notice |
| 2026-07-02 | Notification regarding unquoted securities - IDA |
| 2026-07-01 | Correction to ASX Announcement |
Key Metrics
$14.2M
Market Cap
977K
Avg Volume
1.1x
Vol Ratio
$0.02 — $0.09
52-Week Range
N/A
Short Interest
N/A
Cash Runway
138.0%
ROE
N/A
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | neutral | EPS Growth: 0% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 72% |
| L | Leader vs Laggard | laggard | RS: -16 |
| I | Institutional Sponsorship | weak | Inst: 2% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
506 tickers in this sector
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