This report is an updated version of the report published on 13 October 2025 at 1:01 PM AEDT.

EZZ Life Science Holdings Limited (ASX: EZZ)  

EZZ Life Science Holdings Limited (ASX: EZZ) is an Australian genomic life science company. The company’s principal activity is the formulation, production, marketing and sale of the ezz branded health supplements to retailers and consumers domestically and internationally.

Recommendation Rationale – SELL at AUD 2.800

• Trading Near Resistance Level: EZZ’s share price has surpassed its R2 level, recommended on 26 September 2025. Therefore, share price can face resistance at the current levels.
• Technical Commentary: On the daily chart, EZZ’s stock price is approaching a significant resistance after a rally, anticipating a potential correction. Moreover, the momentum oscillator RSI (14-period) is reversing from its overbought territory, providing more evidence to the previous observation. Prices are trading above both 21-day and 50-day SMAs, which might function as dynamic support levels for the stock; in contrast, the stock’s next round level might act as a sentimental resistance. A significant support level for the stock is located at AUD 2.35, while critical resistance level is placed at AUD 3.00.
• Decline in Profits & Cash Inflows: The company’s profit fell 3.3% year-on-year to AUD 6.73 million in FY25, while net cash from operating activities dropped 29.2% YoY to AUD 4.35 million.
• Emerging Risks: Risks associated with product innovation and market expansion, including the potential that new products or geographic ventures may fall short of expectations or fail to meet regulatory standards. Heightened competition and regulatory challenges in the fast-growing health supplement and personal care markets across Asia-Pacific, the U.S., and Southeast Asia could limit growth and compress margins.

EZZ Daily Chart

Considering that the stock has surpassed its R2 level, macroeconomic uncertainty, share price movement, current trading level, and risks associated, the share price can face consolidation at the current levels. Hence, a ‘Sell’ recommendation is given on the stock at the current market price of AUD 2.800, at 11:55 AM AEDT, as of 13 October 2025.

Note: This report may be updated with details around fundamental and technical analysis, price/ chart in due course, as appropriate. 

Note 1: Past performance is neither an indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 13 October 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.    

Note 4: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice. 

Technical Indicators Defined: - 

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.