Why is Cleo Diagnostics Ltd (ASX: COV.AX) stock down today?

COV.AX on the ASX is down -8.47% at $0.27 today, with price action that suggests selling interest.

What moved Cleo Diagnostics Ltd (ASX: COV.AX) stock today?

Today's move in COV.AX on the ASX came alongside volume -97.64% below average and a day range of $0.27–$0.28.

How much did Cleo Diagnostics Ltd's (ASX: COV.AX) volume change today?

COV.AX's volume on the ASX was 2.49K, -97.64% below its average.

Is Cleo Diagnostics Ltd (ASX: COV.AX) breaking a resistance level?

COV.AX on the ASX is trading below its 50-day MA ($0.32) and below its 200-day MA ($0.47), which points to short-term and long-term weakness.

Why Is Cleo Diagnostics Ltd (ASX: COV.AX) Stock Up Today?

Live update on COV.AX's movement on the ASX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

COV.AX●ASX

HealthcareMedical - Devices

$0.27

$0.02(8.47%)

Australian Market opens in 53h 3m

COV.AX is Down -8.47% today

You might want to check out Why is COV.AX Down Today?

Cleo Diagnostics Ltd (ASX: COV.AX) Update

Volume (Unusual)

2.49K

↓ 98.00%

Open / Previous Close

$0.28 / $0.30

Day Range (Low / High)

$0.27 - $0.28

Cleo Diagnostics Ltd (ASX: COV.AX) Summary

Cleo Diagnostics Ltd (ASX: COV.AX) is trading down -8.47% at $0.27, reflecting a negative shift in investor sentiment today. The stock opened at $0.28 and has moved between $0.27 and $0.28 so far.

Trading volume is 2493, which is 98% below its average, and the price action suggests selling interest.

Technically, COV.AX on the ASX is trading below its 50-day moving average of $0.32 and below its 200-day moving average of $0.47, indicating short-term and long-term weakness.

Meyka's AI assigns COV.AX a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -7.41% in 1 month ($0.25), -100.00% in 1 year ($0.00), and -100.00% in 5 years ($0.00).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the ASX.
Stay informed and make better investment decisions.

COV.AX (ASX) Technical Signals

Trading below 50-day moving average ($0.32)

Trading below 200-day moving average ($0.47)

Analyst Recommendations data is not available for COV.AXAnalyst Recommendations details for COV.AX are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.25

1 Year

N/A

3 Years

N/A

5 Years

N/A

C+

Normal59.00

Is this change significant?

5-Day:-6.67%

1-Month:-20.00%

3-Month:-16.42%

What's next?

Next earnings date: 7/30/2025