MYR
MYER FPO [MYR]
Consumer Cyclical · ASX Small Cap
$0.1800 -7.7%
Updated 9 Sep 2026 · Signals refresh every scan
Appeared in 3 consecutive scansFirst seen: 2026-02-25
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Active Signals
Bullish Signals
- RSI is looking oversold — historically a spot where stocks tend to bounce
- Stochastic is deep in oversold territory — bounce conditions forming
- Sitting right at the lower Bollinger Band — oversold and potentially ready to snap back
- Above-average volume (1.9x) on a red day — sellers in control
- Drifting lower — down 10.0% over the last 5 days
- Lagging the Small Ords index — relative strength of 0.86, underperforming its peers
- Cash positive / operating cashflow positive
- Low P/S ratio (0.1x)
- Strong revenue growth (+28%)
- EPS estimates revised upward (+10pts)
- Post-earnings drift: positive surprise (SUE +5)
- Near 52-week low (1% of range)
- CANSLIM C: Strong EPS growth (33% QoQ)
- CANSLIM I: Institutional ownership (16%)
- Sentiment is mixed — no strong consensus either way
- Poor risk-adjusted returns — Sharpe of -1.7 means lots of volatility for not much reward
- Earnings are trending the right way — 2 consecutive improvements
- Altman Z-Score grey zone (2.18, low-confidence approx)
- Days to cover very high (13.4)
- RBA hiking (-5pts)
Risk Signals
- MACD crossed bearish — momentum is fading
- 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
- Negative profit margins (-6%)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Long-term momentum is negative — down 46% over the past year
- The bigger volume days are the down days — volume-weighted momentum is negative (-1.39%/day)
Recent Catalysts
NONE S&P DJI Announces September 2026 Quarterly Rebalance
MEDIUM FY26 Trading Update
Recent ASX Announcements
| 2026-09-04 | S&P DJI Announces September 2026 Quarterly Rebalance PRICE SENSITIVE |
| 2026-07-26 | FY26 Trading Update PRICE SENSITIVE |
Key Metrics
$323.6M
Market Cap
5.8M
Avg Volume
1.9x
Vol Ratio
$0.18 — $0.68
52-Week Range
4.5%
Short Interest
N/A
Cash Runway
N/A
ROE
-5.9%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | pass | EPS Growth: 33% |
| A | Annual Earnings | fail | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 69% |
| L | Leader vs Laggard | laggard | RS: -22 |
| I | Institutional Sponsorship | pass | Inst: 16% |
| M | Market Direction | neutral | Neutral |
Sector: Consumer Cyclical
69 tickers in this sector
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