Why did MCP.AX stock spike in pre-market volume

The pre-market spike likely reflects a short-term trade or news-driven interest, with **6,505,600** shares traded and relVolume **27.51**. That volume can precede a directional move, but technical confirmation is needed before assuming a sustained trend.

What are the short-term price targets for MCP.AX stock

Meyka AI sets a Base target **A$0.17**, Bull **A$0.30**, and Bear **A$0.08**. Versus the current **A$0.195**, the Base implies **-12.82%** and the Bull implies **+53.85%**. These targets reflect technical and forecast outputs.

How do fundamentals affect MCP.AX stock outlook

Fundamentals show EPS **-0.12**, PE **-1.63**, price-to-book **0.33**, and free cash flow yield **5.75%**. Weak profitability and high inventory days weigh on the outlook, though low debt provides balance for cautious investors.

Should traders act on the MCP.AX stock volume spike

Volume spikes justify close monitoring, not automatic entry. Use tight stops and size positions for risk. Confirm with follow-through price action, and account for upcoming earnings on **24 Feb 2026** before opening larger positions.

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MCP.AX stock: ASX pre-market volume spikes to 6.51M shares, watch technical setup

ByDanny Kontos February 11, 2026

MCP.AX stock opened pre-market with a volume spike of 6,505,600 shares while the price sits at A$0.195. The surge pushed relative volume to 27.51, signalling active trading interest on the ASX ahead of the company’s next earnings date. We use Meyka AI-powered market analysis to link this flow to technical indicators, fundamentals, and short-term price scenarios for McPherson’s Limited (ASX)