What makes EVS.AX stock a candidate for an oversold bounce?

The stock trades at **A$0.09** above its 50-day average and has recent volume pickup. Price recovery from the 52-week low **A$0.04** creates mean-reversion potential, but momentum confirmation and volume are required before entering.

What are the key technical levels to watch on EVS.AX?

Watch support near **A$0.07**, immediate resistance **A$0.11**, and extended breakout target **A$0.15**. Use a stop under **A$0.07** and scale out at **A$0.11–A$0.12** if volume confirms the move.

How does Meyka AI evaluate EVS.AX stock and the forecast?

Meyka AI rates EVS.AX **66.39 (B, HOLD)** and models a one-year price **A$0.10**, implying **15.56%** upside from **A$0.09**. Grades and forecasts are model outputs and not investment guarantees.

What fundamental risks should investors consider for EVS.AX?

Key risks are negative EPS **-0.03**, negative operating cash flow, low interest coverage (**-8.62**), and dependence on contract wins. Monitor earnings updates and cash flow improvements before increasing exposure.

AU Stocks

18 Feb 2026 EVS.AX Envirosuite Ltd ASX A$0.09 pre-market: Oversold bounce setup

ByHuzaifa Zahoor February 18, 2026February 18, 2026

EVS.AX stock is trading at A$0.09 pre-market on 18 Feb 2026, setting up an oversold bounce opportunity for short-term traders. The share price sits above the 50-day average (A$0.09) and well above the 52-week low (A$0.04), while volume of 2,099,836 shares signals renewed interest. We assess technical triggers, valuation metrics and catalyst risk for a measured bounce attempt on the ASX in AUD.