Zeo has been in a consolidation phase for some time now.
Tax loss selling has been evident across the board this June, as everyone has a lot of profits from the financial year.
The stock gave a small false break low at 6.8 last Thursday and then gave a buy signal on the daily chart on Friday.
A weekly chart buy signal will be generated with a close above 7.3 this Friday.
The 200dma is slowly climbing...adding to support.
Sellers appear to be dwindling, with the June turnover the lowest monthly volume in over 1 year.
Stock appears to be settling in strong hands.
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 (20min delay)
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Last
6.7¢ |
Change
-0.002(2.90%) |
Mkt cap ! $125.9M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.0¢ | 6.7¢ | $12.66K | 184.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 101075 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 229328 | 3 |
View Market Depth
| Last trade - 10.46am 22/07/2025 (20 minute delay) ? |
| ZEO (ASX) Chart |