A$6.22 ADT.AX Adriatic Metals (ASX) 06 Feb 2026: Oversold bounce setup

The ADT.AX stock is trading at A$6.22 intraday on 06 Feb 2026, showing heavy volume that hints at a short-term oversold bounce. Volume today is 29,093,210 shares versus an average of 2,744,093, a relative volume of 10.60 that signals forced selling or rotation. Traders watching the ASX could see a rebound near the short-term support band after a recent run-up and profit-taking. We outline why this is an oversold bounce trade, the valuation backdrop, key catalysts, and price targets for Australia-listed Adriatic Metals PLC (ADT.AX)