ASX Equity Snapshot

EIQ Weekly Report

Echo IQ Limited

Latest week 17 Jul 2026
Exchange ASX
Country AU
Sharemaestro Evidence Rating

Neutral

A cross-signal market read combining weekly price structure, proprietary indicators, factors, Patient Capital, options, sentiment, insider activity, earnings risk, research flow, and sector context.

Evidence Score 58 Neutral
Executive Read

Top-level conclusion

The strongest supporting evidence is indicator analysis: Latest 12-week confirmation: trend 12/12, activity pressure 12/12, relative leadership 12/12.

The main constraint is factors: O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

The combined read is balanced, making the next change in trend, sentiment, or options pressure especially important.

Support

Primary driver

Indicator analysis 87/100

Latest 12-week confirmation: trend 12/12, activity pressure 12/12, relative leadership 12/12.

Restraint

Main constraint

Factors 24/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Company Brief

What the company does

Echo IQ Limited engages in the provision of artificial intelligence (AI) diagnostics tool that enhance the diagnosis of structural heart disease in Australia. It offers EchoSolv, provides an AI-powered risk assessment of structural heart disease, including aortic stenosis, diastolic dysfunction, and heart failure. The company was formerly known as Houston We Have Limited and changed its name to EchoIQ Limited in December 2021. Echo IQ Limited is based in Claremont, Australia.

Snapshot

What the weekly tape is saying

EIQ closed the latest completed week at 1.50 AUD. The 4-week return is 22.4% and the 12-week return is 28.2%. The trend backdrop is active, with activity pressure at 1.28. Setup signature: Balanced read with a 68/100 composite read.

Latest close 1.50 AUD
Latest week -9.6%
Four-week move 22.4%
Composite read 68/100
Trend backdrop Active
Activity pressure No fresh buy
Price vs Trend 63.8%
Volume 1.3x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, activity pressure, relative leadership, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 78 Persistence of the active trend backdrop over the last year and current streak.
Momentum 100 Blend of 4-week and 12-week follow-through.
Activity Pressure 82 Latest activity pressure and whether pressure has improved over four weeks.
Relative Leadership 100 Relative leadership and short-term leadership change.
Next-Week Expectancy 50 Historical one-week follow-through read for the latest completed-week setup state.
Volume 53 Participation compared with the 13-week volume baseline.
Smart Money 73 Activity pressure and recent smart-money signal balance.
Risk Control 7 Drawdown and recent weekly volatility pressure.

16-week signal tape

3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul
Weekly return bar Trend backdrop dot Positive activity-pressure dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price zone

Close Trend Fair
0.17 AUD 78.1% 1.88 AUD
Range location 78.1% Shows where the latest close sits between the 52-week low and high.
Trend distance 63.8% Price premium or discount versus the weekly Trend Line.
Fair-value gap 341.1% Premium demand or model discount versus Sharemaestro Fair Value.
High-water gap -20.0% Distance from the latest 52-week high.
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

Latest close 1.50 AUD
Trend breadth 59.6% 31 of 52 weeks active
Volume ratio 1.3x vs 13-week average
1W -9.6%
4W 22.4%
12W 28.2%
26W 328.6%
52W 552.2%

Trend read

Active Streak
31 weeks
52W Active Weeks
31
52W Active Breadth
59.6%
Sector Scope
AU Healthcare
Sector Rank
128 of 146
Sector Percentile
12.4%
128 of 146
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Activity Pressure

Pressure, relative leadership, and next-week expectancy

Activity pressure and relative leadership show whether buying pressure and group strength are confirming the price move.

Dynamics path

Activity pressure Relative leadership

Pressure map

Activity pressure
Relative leadership
Pressure 1.28 Latest activity-pressure read.
Pressure change 111.2% Four-week change in activity pressure.
Leadership 140.41 Latest relative-leadership reading.
RS change 4.1% Four-week change in relative leadership.
Next-week expectancy Undecided 46.03% historical one-week setup read.
Indicator Analysis

Smart money, activity pressure, trend signals, and next-week expectancy

Recent confirmation shows whether the latest setup is supported by activity pressure, trend quality, relative leadership, and the short-term historical expectancy read.

Activity pressure path

Activity pressure Latest 0.98 12W avg 0.98

Next-week expectancy over time

Positive / negative next-week read Current Undecided 46.03%

12-week confirmation

Trend active 12/12 Active trend-backdrop weeks in the latest 12-week window.
Positive pressure 12/12 Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership 12/12 Weeks with positive relative leadership in the latest 12-week window.
Activity pressure 0.98 Current proprietary activity-pressure read.
Buy signals 0 Accumulation signal count in the latest 12 weeks.
Reversal markers 2 2 reversal markers

Smart money activity

Support markers
0
Risk markers
2
Pressure positive weeks
12
Score input
26/100

No recent accumulation markers. 2 reversal markers.

Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

Volume and return confirmation

Participation read

Participation 1.3x Latest volume versus the 13-week average.
Baseline 15.0M 13-week average volume.
One-year base 11.0M 52-week average volume.
Latest 18.8M Most recent completed week.
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Return shape

Strong gains 11
Modest gains 4
Flat weeks 0
Modest losses 2
Sharp losses 9
Recent vol 12.3% 13-week weekly-return volatility.
Base vol 14.4% 52-week weekly-return volatility.
Up/down split 30/22 Count of positive and negative weeks in the 52-week window.
Average skew 13.3% / -7.2% Average positive week versus average negative week.
Cross-App Evidence

Value, flow, sentiment, events, and research context

These cards convert the rest of Sharemaestro into a compact evidence trail, with direct drilldowns for deeper research.

Options and sentiment

Sentiment
52/100
Articles
17 relevant

Earnings, insiders, and research flow

Earnings
-
Insiders
-
News
0 articles
Market Watch
0 posts
Evidence Matrix

Scorecard by research pillar

Latest Sharemaestro research

  • No recent research articles are stored for this ticker.

Latest Market Watch posts

  • No recent Market Watch posts are stored for this ticker.
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
ASX
Country
AU
Sector
Healthcare
Industry
Health Information Services
Currency
AUD
Market Cap
892.2M

Opportunity signals

  • The trend backdrop is active with a 31-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Activity pressure is positive on the latest completed week.
  • Activity pressure is constructive, supporting the smart-money activity read.

Risk signals

  • 2 reversal markers appear in the recent smart-money tape.
  • The latest week was a sharp negative move.
  • Latest weekly return ranks in the weaker part of its sector group.

Watch next

  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value Pressure Leadership Volume Signal
17 Jul 2026 1.50 AUD -9.6% 0.92 AUD 0.34 AUD 1.28 140.41 18.8M On
10 Jul 2026 1.66 AUD 0.6% 0.87 AUD 0.33 AUD 1.13 176.59 22.3M On
3 Jul 2026 1.65 AUD 3.8% 0.83 AUD 0.32 AUD 0.78 186.67 22.4M On
26 Jun 2026 1.59 AUD 29.8% 0.78 AUD 0.31 AUD 0.71 192.38 33.0M On
19 Jun 2026 1.23 AUD 6.5% 0.74 AUD 0.30 AUD 0.61 134.90 7.2M On
12 Jun 2026 1.15 AUD -10.9% 0.70 AUD 0.30 AUD 0.96 129.57 2.3M On
5 Jun 2026 1.29 AUD -4.4% 0.67 AUD 0.29 AUD 1.20 172.64 11.8M On
29 May 2026 1.35 AUD -3.6% 0.64 AUD 0.28 AUD 1.12 194.55 3.9M On
22 May 2026 1.40 AUD 21.7% 0.60 AUD 0.28 AUD 1.13 222.95 15.3M On
15 May 2026 1.15 AUD 12.7% 0.56 AUD 0.27 AUD 1.14 179.87 10.6M On
8 May 2026 1.02 AUD 1.5% 0.53 AUD 0.26 AUD 1.23 154.77 10.4M On
1 May 2026 1.00 AUD -14.1% 0.50 AUD 0.26 AUD 1.31 160.00 18.2M On
24 Apr 2026 1.17 AUD -3.3% 0.47 AUD 0.25 AUD 1.31 210.37 18.7M On
17 Apr 2026 1.21 AUD 35.2% 0.44 AUD 0.24 AUD 1.33 228.93 17.1M On

Evidence rating

The evidence rating is the top-level Sharemaestro read. It blends market structure, trend evidence, activity pressure, value and quality context, options pressure, news tone, events, and research flow into a single directional summary.

Positive means the evidence stack is supportive. Neutral means the evidence is mixed or still forming. Caution or negative means the balance of evidence is less supportive and risk control matters more.

Weekly tape

The weekly tape is a completed-week view. It focuses on whether price, trend, activity, relative leadership, volume, and risk are confirming each other rather than reacting to a single noisy session.

Evidence scorecard

The scorecard separates the report into research pillars. A high score is supportive, a low score is restrictive, and neutral means that pillar is either balanced or not yet carrying enough evidence.

The purpose is not to force a trade call. It shows which parts of the evidence stack are helping, which parts are restraining, and where to drill down.

Setup cockpit

The cockpit compresses the broad setup into a radar and scoreboard. It is designed to show whether the current move has breadth across trend, activity, leadership, participation, and risk control.

Price context

Price context asks whether the stock is moving with or against its weekly structure. The Trend Line is the directional backdrop, Fair Value is the current valuation reference point, and the range map shows where price sits inside its recent trading range.

Pressure and next-week expectancy

Activity pressure looks for evidence that participation is supporting the move. Relative leadership compares the stock against its market backdrop. Next-week expectancy is a historical one-week follow-through read for similar setup states; it is not a broad trend call.

Indicator analysis

This section looks at whether the latest move is supported by the internal Sharemaestro indicator stack. The emphasis is on confirmation, persistence, and risk markers, not a single isolated reading.

Options pressure

Options pressure shows whether the options market is leaning bullish, bearish, mixed, or volatility-focused. It is supporting evidence only: options can confirm a setup, reveal disagreement, or highlight event risk.

Options involve substantial risk and can lose value rapidly. This report is educational market research, not investment or trading advice.