Company Overview: BrainChip Holdings Ltd (ASX: BRN) specializes in edge AI solutions through its Akida neuromorphic processor, developing ultra-low-power, event-driven artificial intelligence designed for vision, audio, and olfactory applications, leveraging brain-inspired computing architecture. Stanmore Resources Limited (ASX: SMR) operates in the exploration, development, mining, and marketing of metallurgical (cooking) coal, with core assets located in Queensland’s Bowen and Surat Basins. This Report covers the Price Action, Technical Indicators Analysis along with the Support Levels, Resistance Levels, and Recommendations on these stocks.

BRN Advances Commercialisation and Strengthens Liquidity Position: BRN released its Quarterly Report for the period ended 31 December 2025. Customer cash inflows were US$0.4m, broadly in line with the prior quarter, while payments to suppliers and employees declined to US$4.3m, reflecting tighter cost control. The company continued to progress collaborations with multiple high-quality partners, highlighting growing commercial relevance of its Akida technology. BrainChip also expanded its global intellectual property footprint to 61 issued and pending patents across the US, Europe and APAC. Balance sheet strength improved materially following a fully underwritten A$35m institutional placement and a supported Share Purchase Plan, lifting quarter-end cash to US$31.7m from US$13.9m in the prior period.

BRN’s Technical Analysis:

While undergoing a downtrend, BRN's stock price is rebounding from the lower boundary of a descending channel, anticipating a potential rally. Additionally, the RSI (14-period) developed a bottom divergence in its oversold territory, providing further support for the mentioned recommendation. Prices are trading below both the 21-period and 50-day SMAs, which may potentially function as dynamic resistance levels for the stock; in contrast, the stock’s most recent low might act as a support level. Crucial support for the stock is positioned at AUD 0.130, while key resistance is placed at AUD 0.155.

Daily Technical Chart – BRN

Considering the stock’s current price levels rebounding from the lower boundary of a descending channel, and momentum oscillator analysis, a “Speculative Buy” recommendation is given on the stock. The stock was analysed as per the closing price of AUD 0.145 per share as on 12 February 2026, remained unchanged. BrainChip Holdings Ltd (ASX: BRN) was last covered in a report dated ’12 January 2026’. 

SMR’s Technical Analysis:

While undergoing a rally, SMR's stock price broke below its nearest trough, indicating a negative bias in the near term. Additionally, the RSI (14-period) is trading below its midpoint, adding more evidence to the previous observation. Prices are trading below both the 21-period and 50-day SMAs, which may potentially function as dynamic resistance levels for the stock; in contrast, the August 2025 high might act as a support level. Crucial support for the stock is positioned at AUD 2.43, while key resistance is placed at AUD 2.97.

Daily Technical Chart – SMR

Individuals can evaluate the stock based on the support and resistance levels provided in the report in case of keen interest, taking into consideration the risk-reward scenario.

Considering the stock’s current price levels penetrating its nearest trough during a rally, and momentum oscillator analysis, a “Watch” recommendation is given on the stock. The stock was analysed as per the closing price of AUD 2.65 per share as on 12 February 2026, down by 6.36%. Stanmore Resources Limited (ASX: SMR) was last covered in a report dated ’19 September 2025’.

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

Note 2: Investment decision should be made depending on an individual’s appetite for upside potential, risks, and any previous holdings. This recommendation is purely based on technical analysis, and fundamental analysis has not been considered in this report.

Note 3: Related Risks: This report may be looked at from high-risk perspective and recommendations are provided are for a short duration. Recommendations provided in this report are solely based on technical parameters, and the fundamental performance of the stocks has not been considered in the decision-making process. Other factors which could impact the stock prices include market risks, regulatory risks, interest rates risks, currency risks, social and political instability risks etc.

The reference date for all price data, currency, technical indicators, support, and resistance levels is February 12, 2026. The reference data in this report has been partly sourced from REFINITIV.

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.

The Green colour line reflects the 21-period moving average. SMA helps to identify existing price trends. If the prices are trading above the 21-period, prices are currently in a bullish trend (Vice – Versa).

The Blue colour line reflects the 50-period moving average. SMA helps to identify existing price trends. If the prices are trading above the 50-period, prices are currently in a bullish trend (Vice – Versa).

The Orange/ Yellow colour line represents the Trendline.

The Purple colour line in the chart’s lower segment reflects the Relative Strength Index (14-Period), which indicates price momentum and signals momentum in trend. A reading of 70 or above suggests overbought status, while a reading of 30 or below suggests an oversold status.