S$0.245 intraday: U09.SI stock oversold bounce signals, watch S$0.30 resistance
Avarga Limited (U09.SI) trades at S$0.245 intraday on 23 Feb 2026, forming a high-volume oversold bounce setup on the Singapore Exchange (SES). The stock opened at S$0.240, hit a day low of S$0.235 and a day high of S$0.250 with 125,900 shares traded versus a 5,958 average. The rapid gap below the 50-day and 200-day averages creates a tactical intraday bounce opportunity for traders watching U09.SI stock. Meyka AI provides the contextual model and a graded view for risk-aware entries.
Intraday setup for U09.SI stock
Price action is clear: S$0.245 with a day range S$0.235–S$0.250. Volume is elevated at 125,900, giving the move conviction. Support sits at S$0.235. Immediate resistance is S$0.30. The stock trades well below its 50‑day S$2.37 and 200‑day S$2.25, marking a deep oversold condition.
U09.SI stock valuation and fundamentals
Avarga reports EPS S$0.21 and a trailing PE ~1.17, indicating a low market pricing relative to earnings. Book value per share is S$7.52 and cash per share is S$2.94, supporting a strong balance-sheet view. Market cap is S$222,536,926, current ratio 2.42, and debt to equity 0.51, showing manageable leverage for the Industrials sector.
Technical signals for U09.SI stock oversold bounce
Short-term indicators show a stretched setup. ATR is S$0.08, and relative volume is 21.13, suggesting outsized intraday interest. On these volumes, a quick mean-reversion is plausible. Be cautious: many trend indicators are flat or unavailable. Use volume confirmation and tight stops for any bounce trade.
U09.SI stock: Meyka grade & forecast
Meyka AI rates U09.SI with a score out of 100. Score: 68.52 | Grade: B | Suggestion: HOLD. This grade factors S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects S$0.82 at 1 year, implying +234.16% from S$0.245. A 3‑year model target is S$1.30 (+429.70%). Forecasts are model-based projections and not guarantees.
U09.SI stock risks and catalysts
Key risks include low liquidity historically and sensitivity to paper and power markets in Myanmar and Malaysia. Year high is S$2.89 and year low is S$0.235, showing wide historical swings. Near-term catalysts include earnings updates and regional demand for paper and building products. Watch any SGX announcements and operational updates from Avarga’s website for triggers.
U09.SI stock intraday trade plan
A tactical intraday plan: consider entries at S$0.245–S$0.255 with a stop under S$0.23. Target S$0.30 first and S$0.40 for an extended bounce. Confirm moves with rising volume and price action above S$0.27. Trade size should be limited. The play suits disciplined short-term traders on SES in SGD.
Final Thoughts
U09.SI stock is a classic deep-oversold candidate for a measured intraday bounce on 23 Feb 2026. The stock trades at S$0.245 on SES with heavy relative volume (125,900; rel vol 21.13) and a clear short-term support at S$0.235. Fundamentals show a low PE (~1.17), strong book value (S$7.52) and cash per share (S$2.94), but operating margins and ROE are modest. For traders, a confirmed volume surge and move above S$0.27 should validate a bounce; initial target is S$0.30 with a cautious extension to S$0.40. From a model perspective, Meyka AI’s forecast projects S$0.82 at 12 months, implying +234.16%, but that is a long-horizon projection. Keep risk tight, monitor SGX updates and Avarga operational news, and treat short intraday bounces as tactical, not a change in long-term positioning.
FAQs
Is U09.SI stock a buy at S$0.245 today?
Intraday traders can treat U09.SI stock as a tactical bounce trade with tight stops. For longer-term investors, validate balance-sheet health and operational catalysts before buying.
What is Meyka AI’s forecast for U09.SI stock?
Meyka AI’s model projects S$0.82 at 12 months, implying +234.16% from S$0.245. Forecasts are model-based projections and not guarantees or investment advice.
What are clear trade levels for an oversold bounce in U09.SI stock?
Use entries S$0.245–S$0.255, stop < S$0.23, first target S$0.30 and extension S$0.40. Confirm with rising volume and price above S$0.27.
What fundamental risks affect U09.SI stock?
Key risks include regional commodity demand, Myanmar power exposure, low liquidity and wide historical price swings. Monitor earnings and SGX company releases for updates.
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.