ASX · Technology

ERD Elliott Wave Cycles

EROAD Limited

Week Ending
10 Jul 2026
O
0.86
H
0.88
L
0.81
C
0.85
Possible Wave 4 trough 51 confidence
How To Read This Page

From Structure To Opportunity

Open Terminal Chart
Start With The Price Chart

The top panel shows the weekly share price against trend and Fair Value. The wave labels are a map of the current swing structure, not a promise of what comes next.

Then Check Timing

Cycle Pressure and Hurst Rhythm help you judge whether the share is acting as if pressure is building, easing, or lining up into a more useful window.

Look For Agreement

Market Activity, Market Dynamics, Relative Strength, and Rate of Change are confirmation panels. Cleaner agreement means the setup deserves more research time.

Cycle PhaseRising
Hurst RhythmMixed
Hurst Timing50
Hurst Risk50
Cycle Rhythm16w
Latest Close0.85
Pivot Reversal13.1%
Current Scenario

Scenario

51 confidence

Possible Wave 4 trough. The count is a scenario map, not a forecast; the useful question is whether cycle timing and confirmation evidence agree with the structure.

  • Close remains below Fair Value, leaving valuation room if the turn holds.
  • Market Dynamics supports the setup.

Wave, Cycle, And Confirmation

Weekly close, trend, Fair Value, swing structure, cycle pressure, Hurst rhythm, Market Activity, Market Dynamics, Relative Strength, and Rate of Change.

Hurst Rhythm

Several market rhythms are shown together. The values are timing readings, not price targets.

Nearest trough window 2w · Nearest crest window 1w
Nominal Cycle Phase Value Amplitude Since Trough Trough Window
10w Falling 0.11 12.87 2w 2w
20w Rising 0.30 29.94 2w 2w
40w Troughing -1.07 38.94 13w 13w
80w Falling -1.08 29.12 59w 21w

Recent Pivots

Recent turning points help describe the current swing structure.

220 shown · 303 warmed
Date Type Price Move Weeks
2023-07-21 High 1.13 181.3% 9
2023-10-27 Low 0.54 -52.3% 14
2023-12-15 High 0.98 80.6% 7
2024-03-22 Low 0.69 -29.2% 14
2024-08-16 High 1.25 81.2% 21
2024-10-18 Low 0.79 -36.8% 9
2024-12-27 High 1.03 30.4% 10
2025-05-09 Low 0.76 -26.2% 19
2025-09-19 High 2.55 235.5% 19
2026-03-20 Low 0.69 -73.1% 26
2026-04-17 High 0.85 24.1% 4
2026-07-10 Low 0.85 -0.6% 12