What caused the WAT.AX stock volume spike on 26 Feb 2026?

The spike came from a large intraday trade batch: **volume 11,551** versus average **833**. Price moved little, so the activity likely reflects institutional block trading or accumulation rather than retail panic.

Is WAT.AX stock a buy after the volume surge?

Meyka AI assigns WAT.AX a **B+ (73.89)** grade with a BUY suggestion. Traders should wait for a confirmed breakout above **A$5.30** on rising volume or use tight stops for short-term entries.

What are realistic price targets for Waterco Limited on ASX?

Near-term target **A$5.50**, base-case **A$5.90**, and upside **A$7.50**. These reflect resistance, moving-average reversion, and approach to the year high **A$7.77**. Adjust targets to risk tolerance.

How does Meyka AI's forecast compare to current price?

Meyka AI's forecast model projects **A$4.96** for the year versus the current **A$5.11**, implying roughly **-2.93%** to the central model target. Forecasts are projections and not guarantees.

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Volume spike at WAT.AX Waterco Limited (ASX) 26 Feb 2026: market signal

ByDanny Kontos February 26, 2026

WAT.AX stock registered a clear volume spike on 26 Feb 2026, with volume 11,551 versus an average of 833, a relative volume of 53.09 that flagged market attention at close. Price finished at A$5.11 after opening at A$5.25, trading between A$5.11 and A$5.30 on the ASX. The gap between heavy volume and muted price movement suggests institutional accumulation or block trading rather than a retail panic sell. We examine fundamentals, technicals, Meyka AI signals, and near-term price targets to help investors assess the WAT.AX stock volume spike strategy on market close