FPP.AX Fat Prophets Global Property Fund (ASX) at A$0.92 pre-market 13 Jan 2026: Oversold bounce targets A$1.16
FPP.AX stock trades at A$0.92 in the ASX pre-market session on 13 Jan 2026, setting up a classic oversold bounce opportunity. Recent activity shows volume 365,570, well above the 50-day average of 35,070 (relative volume 10.42), signalling short-term interest. With a year low of A$0.64 and a year high of A$0.93, the current price sits near the 50-day average A$0.89 and above the 200-day average A$0.78, creating a defined risk-reward for bounce traders.
FPP.AX stock technicals
The short-term technical setup favours an oversold bounce into near-term resistance. The stock opened at A$0.92, with a day low of A$0.92 and day high A$0.93. Volume is 365,570 versus average 35,070, suggesting fresh buying or short covering.
Key levels are clear: support near the 200-day average A$0.78, immediate resistance at the 50-day average A$0.89, and a year high at A$0.93. Traders seeking a bounce can use A$0.74 as a tactical stop below support and target the model level at A$1.16.
FPP.AX stock valuation & fundamentals
Fundamentals show a modest market cap of A$20.65 million and shares outstanding 22,450,600. Reported EPS is A$0.12 and the price-to-earnings measure reads PE 7.67, implying earnings support for the current price.
Balance-sheet metrics are conservative: book value per share A$0.83, cash per share A$0.07, and a current ratio of 2.36. Dividend per share reported TTM is A$0.93, noting payout dynamics that traders should confirm in company updates.
Trading setup: oversold bounce strategy
This oversold bounce trade uses clear entry, stop, and target rules to control risk. Consider an entry zone A$0.88–A$0.93, a stop-loss at A$0.74, and initial target at A$1.16 with a secondary target of A$1.49 based on the three-year projection.
Risk management: position size should respect a stop to limit capital at risk to a planned percentage. High intraday volume and a relative volume of 10.42 increase execution risk; scale in size or use limit orders.
Meyka AI rates FPP.AX with a score out of 100
Meyka AI rates FPP.AX with a score out of 100: 61.90 (Grade B), suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are informational and not financial advice.
Meyka AI’s forecast model projects A$1.16 in 12 months. Compared with the current A$0.92, that implies 25.68% upside. Forecasts are model-based projections and not guarantees.
Risks, catalysts and sector context
Key risks include global REIT sentiment, FX swings, and portfolio concentration in listed REITs. Company-level earnings or distribution changes would materially move the price. The Real Estate sector on the ASX has three-month performance of 3.46%, providing moderate sector support.
Catalysts for an upside bounce: stronger-than-expected distributions, global REIT rallies, or improved liquidity. Watch trading liquidity: average volume 35,070 versus current 365,570, indicating episodic interest rather than steady flows.
News sources and where to check updates
For company filings and fund updates use the issuer site and regulatory releases. Company site and profile are primary references source. For financial snapshots and images use the provider data source.
Final Thoughts
FPP.AX stock at A$0.92 on 13 Jan 2026 presents a structured oversold bounce setup with defined levels and measurable upside. The stock shows unusually high volume 365,570, a tight price band between the 50-day A$0.89 and year high A$0.93, and a 200-day support at A$0.78. Meyka AI’s forecast model projects A$1.16 in 12 months, implying 25.68% upside from A$0.92; the three-year model sits at A$1.49 (+61.45%). Use an entry around A$0.88–A$0.93, a stop near A$0.74, and targets at A$1.16 and A$1.49. Remember fundamentals show EPS A$0.12 and PE 7.67, while market cap is about A$20.65 million. These figures support a tactical bounce trade but carry event and liquidity risk. Forecasts are model-based projections and not guarantees, and this article should be used as market analysis only.
FAQs
What is the best entry for an oversold bounce in FPP.AX stock?
Consider entering A$0.88–A$0.93 with a stop at A$0.74. Use smaller size given episodic volume and confirm intra-day liquidity before scaling in.
What are realistic price targets for FPP.AX stock?
Meyka AI’s 12-month forecast is A$1.16 (≈25.68% upside). A three-year projection is A$1.49 (≈61.45% upside). These are model projections, not guarantees.
How do fundamentals support an oversold bounce in FPP.AX stock?
Fundamentals show EPS A$0.12, PE 7.67, book value A$0.83 and current ratio 2.36. These figures imply valuation close to tangible book, supporting a tactical rebound.
What is Meyka AI’s grade for FPP.AX?
Meyka AI assigns FPP.AX a score of 61.90 out of 100, grade B with a HOLD suggestion. The grade factors in benchmarks, sector, growth, metrics, and consensus.
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.
