Why did SER.AX stock spike 57% today?

SER.AX stock spiked due to heavy volume and speculative buying in a low‑liquidity microcap, combined with positive sector sentiment for explorers. There was no major company earnings release tied to the move; market interest in copper and mineral sands explorers can cause rapid moves.

What is Meyka AI's forecast for SER.AX stock?

Meyka AI's forecast model projects a monthly price of **A$0.01** versus the current **A$0.011**, implying a model‑based downside of **-9.09%**. Forecasts are projections, not guarantees, and depend on news and drilling outcomes.

What are the key support and resistance levels for SER.AX stock?

Near‑term support is **A$0.01** and immediate resistance sits at today’s high **A$0.012** and the 52‑week top near **A$0.0125**. A sustained close above **A$0.012** would favour continued momentum.

Is SER.AX stock a buy after this move?

Meyka AI assigns SER.AX a **B** grade with a HOLD suggestion based on our scoring. The stock is speculative; consider position sizing for high volatility and wait for confirming news or sustained volume before adding exposure.

AU Stocks

SER.AX stock up 57% on heavy volume (ASX) 16 Feb 2026: Monitor technical breakout

ByHuzaifa Zahoor February 16, 2026

SER.AX stock jumped 57.14% to A$0.011 on 16 Feb 2026 on the ASX after volume surged to 9,945,216 shares, making it one of the day’s top gainers. We examine the price move, what fundamentals and technicals say, and why this microcap Basic Materials explorer moved sharply. This piece covers Meyka AI grading, a model forecast versus the current price, and near-term price levels for investors watching Strategic Energy Resources Limited (SER.AX) in Australia.