Why is CGO.AX stock spiking pre-market?

The pre-market spike reflects increased order flow ahead of the 26 Feb 2026 earnings announcement, with relative volume at **25.01** versus average **18,358**, signalling outsized interest from short-term traders and event-driven participants.

What are the key support and resistance levels for CGO.AX stock?

Monitor immediate support around **A$0.07968** (50-day average) and year-low **A$0.049**, with resistance at the year high **A$0.10**; confirmed volume above the 50-day average helps validate a breakout.

How does Meyka AI view CGO.AX stock performance?

Meyka AI rates CGO.AX **63.71/100 (Grade B, HOLD)**, citing mixed fundamentals, sector context and conservative forecasts; the one-year model price is **A$0.05573**, implying downside versus the current **A$0.083**.

Should investors trade the CGO.AX earnings-driven volume spike?

Short-term traders can trade the spike with tight risk controls, but longer-term investors should weigh liquidity, negative EPS and the Meyka forecast before adding exposure; the stock’s small market cap increases execution risk.

AU Stocks

Pre-market volume spike lifts CGO.AX CPT Global (ASX) 18 Feb: monitor A$0.083

ByDanny Kontos February 18, 2026February 18, 2026

CGO.AX stock shows a clear pre-market volume spike ahead of its earnings date, trading at A$0.083 as we open on 18 Feb 2026. The move stands out because average daily volume is 18,358 shares while the pre-market relative volume print reads 25.01, signalling outsized interest. Traders should note the company’s small market cap of A$3,477,481, a negative EPS of -0.02, and a year high of A$0.10. This piece outlines why the volume spike matters, how fundamentals and technicals connect to price action, and what to watch into the 26 Feb 2026 earnings announcement.