RIL.AX Redivium Limited ASX A$0.004 intraday 20 Jan 2026: Oversold bounce setup
RIL.AX stock trades at A$0.004 intraday on 20 Jan 2026 and is showing a clear oversold bounce setup after sliding toward its year low of A$0.0025. Volume remains thin at 16,605 shares, so price moves can be sharp. Redivium Limited (ASX) operates in battery recycling and basic materials, and the current price reflects microcap risk and bargain hunting. For intraday traders, the setup is a short-term rebound play; for longer-term investors, fundamentals and liquidity are the gating factors.
RIL.AX stock intraday snapshot
RIL.AX stock is trading at A$0.004 with a daily range of A$0.004–A$0.004 and a market cap of A$13,609,422.00. Shares outstanding are 3,402,355,462 and volume today is 16,605. The stock’s 50-day and 200-day averages are both A$0.004, reflecting very low historical variance. Listed on the ASX in Australia, Redivium Limited focuses on battery recycling and mineral exploration, which ties its outlook to commodity cycles and EV battery demand.
Why the oversold bounce matters for RIL.AX stock
The oversold bounce strategy targets stocks with depressed prices and stretched sentiment. RIL.AX hit a year low of A$0.0025 and has recovered to A$0.004, suggesting short-term mean reversion. Low liquidity amplifies moves, so intraday rebounds can deliver rapid gains. Traders should watch immediate resistance near A$0.006 and stop-losses below A$0.003 to limit downside on failed bounces.
Fundamentals and valuation of Redivium Limited (RIL.AX)
Redivium’s reported metrics show a tight balance sheet with cash per share A$0.00037 and a book value per share of A$0.00438. The model-derived price-to-book is about 0.91, indicating the market values the company roughly at book. Trailing metrics show net losses and a negative earnings yield. Current ratio is 16.01, reflecting short-term liquidity but limited operating scale. Revenue per share is A$0.00 in the latest TTM model, so earnings recovery depends on commercial battery recycling contracts and execution.
Technical setup, liquidity and risk management
Technicals are constrained by thin data: the stock’s technical indicators show negligible averaged momentum and a low-volume profile. Key support sits at the year low A$0.0025 and resistance cluster appears at A$0.006–A$0.008. Average daily volume is not established, so intraday traders must size positions small. Use tight risk controls: suggested intraday stop at -25.00% from entry and scale out at predefined targets to manage slippage.
Meyka AI grade and model forecast for RIL.AX
Meyka AI rates RIL.AX with a score out of 100: 58.60 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a near-term target of A$0.008 (implied upside 100.00% from A$0.004) and a 12-month target of A$0.012 (implied upside 200.00%). Forecasts are model-based projections and not guarantees. The model flags low liquidity and execution risk as primary constraints.
Trading plan and RIL.AX stock outlook
For the oversold bounce strategy, a clear trading plan helps. Consider a small position size, entry near A$0.004, initial profit target A$0.008, and a protective stop below A$0.003. Monitor corporate updates and contract wins that could change fundamentals. Sector momentum in Basic Materials and battery recycling demand will underpin any sustained rally. See Redivium’s site for company updates source and ASX pricing for live quotes source.
Final Thoughts
RIL.AX stock currently trades at A$0.004 and presents a classic oversold bounce setup suitable for short-term traders who accept high liquidity risk. Key structural positives include a low price-to-book near 0.91, strong short-term liquidity metrics with a current ratio of 16.01, and zero recorded long-term debt. Key negatives are negligible revenue per share, modelled net losses, and sparse trading volume (16,605 today). Meyka AI’s forecast model projects A$0.008 in the near term (implied upside 100.00% from A$0.004), with a longer target of A$0.012 (implied upside 200.00%) if commercial traction materialises. These targets assume successful execution in battery recycling contracts and moderate sector tailwinds. Forecasts are model-based projections and not guarantees. Intraday traders should use strict stops and small size; longer-term investors should wait for clearer revenue signals and improved liquidity before increasing exposure. For ongoing price updates consult the ASX quote and the company site, and track Meyka AI’s live analysis for model updates.
FAQs
Is RIL.AX stock a good buy for oversold bounce traders?
RIL.AX stock can suit oversold bounce traders due to low absolute price and a recent move off the year low. Expect high volatility and thin liquidity; use small sizes, a stop-loss near A$0.003, and a short-term target like A$0.008. This is high-risk trading, not long-term investing.
What are the main financial risks for Redivium Limited (RIL.AX)?
Primary risks for RIL.AX stock are limited revenue per share, modelled net losses, and sparse trading volume. The company shows a book value per share of A$0.00438 and low cash per share. Execution of battery recycling contracts will determine financial turnaround.
How does Meyka AI view RIL.AX stock and what are the targets?
Meyka AI rates RIL.AX with a C+ (58.60) and a HOLD suggestion. Meyka AI’s forecast model projects A$0.008 near term (+100.00%) and A$0.012 at 12 months (+200.00%). Forecasts are projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
