WNR.AX Wingara AG Limited (ASX) pre-market 24 Feb 2026: Oversold bounce to A$0.010
WNR.AX stock trades at A$0.007 pre-market on 24 Feb 2026 after a steep pullback that left the share price near six‑month lows. The small‑cap agribusiness Wingara AG Limited (ASX) shows heavy relative volume at 310000 shares versus an average 102071.00, creating conditions for an oversold bounce. Traders may target a base recovery to A$0.010 while watching liquidity and fundamentals. This piece outlines technical triggers, valuation metrics, and a short trading plan for the pre-market session in Australia (AUD).
WNR.AX stock market snapshot
Wingara AG Limited (WNR.AX) is quoted on the ASX in Australia with a last trade of A$0.007 and market cap A$1228798.00. Year high is A$0.014 and year low is A$0.005, showing wide range for a microcap.
Daily liquidity is elevated today with volume 310000.00 against avg volume 102071.00, giving the stock a relative volume of 3.04 and setting up an oversold bounce opportunity in pre-market trade.
Why an oversold bounce matters for WNR.AX stock
The share price has retraced about 12.50% over recent short windows while 1‑year performance still shows +40.00%, making short‑term mean reversion plausible.
Technically, tight intraday range (day low A$0.007, day high A$0.007) and elevated relative volume often precede quick bounces in microcaps, but these moves require strict risk controls because volatility and liquidity can reverse fast.
Fundamentals and valuation for WNR.AX stock
Wingara AG sits in Consumer Defensive, Agricultural Farm Products, with trailing EPS -0.010 and PE -0.70, reflecting negative earnings. Price to book is 3.06 and price to sales is 0.47, showing mixed valuation signals.
The balance sheet shows a current ratio 0.62 and debt to equity 1.02, which increases solvency risk. Investors should weigh the weak margins (net margin -54.90%) against any operational recovery signs before adding size.
Technical indicators, Meyka grade and trading signals
On pre-market data the technical picture is oversold with price below the 50‑day average A$0.0071 and near the 200‑day average A$0.0069, which can support a short squeeze/backfill rally.
Meyka AI rates WNR.AX with a score out of 100: 60.52 (B) — HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
WNR.AX stock price targets and Meyka AI forecast
Meyka AI’s forecast model projects a near‑term level of A$0.010 and a conservative quarterly view of A$0.010. Compared with the current price A$0.007, that implies an upside of 42.86%.
Forecasts are model‑based projections and not guarantees; a reasonable upside target for traders is A$0.010 and a 12‑month stretch target is A$0.014, while the downside support sits near the year low A$0.005.
Trading strategy and key risks for WNR.AX stock
A disciplined oversold bounce approach: scale small size, set tight stop at A$0.005 or 30% below entry, and book partial profits at A$0.010 to A$0.014. Monitor volume and news flow for directional confirmation.
Key risks include low free float, weak cash flow (operating cash flow per share -0.00798), negative margins, and higher debt load. Avoid size concentration and use limit orders in the pre-market ASX session.
Final Thoughts
WNR.AX stock is a microcap with clear oversold characteristics heading into the pre-market session on 24 Feb 2026. The stock trades at A$0.007 with heavy relative volume 310000.00, creating a tactical bounce setup toward A$0.010. Meyka AI’s forecast model projects A$0.010, an implied upside of 42.86% versus current price, while acknowledging model limits. Fundamental metrics — EPS -0.010, PE -0.70, price/book 3.06, current ratio 0.62 — highlight financial strain and justify a cautious position size. For traders, the straight plan is small entry, stop at A$0.005, profit partial at A$0.010, and reassess near A$0.014. Investors should use Meyka AI powered market analysis tools and follow company updates, sector signals, and liquidity cues before increasing exposure. Forecasts are model‑based projections and not guarantees.
FAQs
What is the immediate price outlook for WNR.AX stock?
Meyka AI’s short‑term forecast projects A$0.010 for WNR.AX stock from the current A$0.007, implying about 42.86% upside. This is a model projection and not a guarantee.
What are the biggest risks for WNR.AX stock buyers?
Key risks include low liquidity, negative EPS -0.010, tight current ratio 0.62, and debt to equity 1.02. Microcap volatility can erase gains quickly, so keep position sizes small.
How should traders manage a pre-market oversold bounce in WNR.AX stock?
Enter small, use limit orders, set a stop near A$0.005, and scale out at A$0.010 to A$0.014. Watch volume and company updates for confirmation before adding size.
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.