What drove the surge in SHO.AX stock today?

SHO.AX stock jumped **23.81%** after SportsHero’s earnings update and engagement metrics. The rise came with **6,586,317** shares traded, about **3.28x** average volume, indicating strong short-term buying interest rather than a return to profitability.

What is Meyka AI’s grade for SHO.AX stock and what it means?

Meyka AI rates SHO.AX **65.72 out of 100 (Grade B, HOLD)**. The score factors in sector comparison, financial growth, key metrics and forecasts. It is informational only and not a recommendation to buy or sell.

What price levels should investors watch for SHO.AX stock?

Key levels: recent close **A$0.13**, support near **A$0.06** (50-day average), and intraday high **A$0.135**. Meyka AI models project **A$0.08** monthly and **A$0.0765** at 12 months, with a 3-year target **A$0.1337**.

Is SHO.AX stock a value or momentum trade?

SHO.AX stock currently reads as a momentum trade. Technicals show overbought RSI at **71.90** and strong ADX. Fundamentals remain weak, so the position carries high risk for long-term investors.

AU Stocks

SHO.AX stock +23.81% on ASX (Market Closed 27 Feb 2026): heavy volume may extend gains

ByDanny Kontos February 27, 2026

SHO.AX stock led ASX small-cap gainers on 27 Feb 2026, jumping 23.81% to A$0.13 on heavy turnover. SportsHero Limited (SHO.AX) closed at A$0.13 after trading between A$0.105 and A$0.135 with 6,586,317 shares changing hands. The surge followed an earnings update and put the company back above its 50-day average of A$0.06. We examine why the move happened and whether momentum and fundamentals support further gains