Each Monday, Stockhead recaps which stocks are most heavily in demand by investors — running hot.

The analysis is based on the Relative Strength Index (RSI), a technical gauge which measures how trading momentum is affecting the price action.

A reading of 70 is seen as the level at which a company may have been overbought. If a stock has a reading of 30 or below, it could be undervalued.

Click here for a more detailed rundown of what the RSI does and how it’s used. While there’s usually a pretty good reason if a given stock is running hot (or cold), investors are also on the lookout for opportunities where the price-action has separated from fundamentals.

Here’s this week’s list:

Running Hot

Here’s a summary of the stocks that were running hot for the two weeks ended Friday, February 14:

There were a total of 45 stocks with a 14-day RSI reading above 70, down from 48 in the week prior. And of those 45, 28 companies were new entrants (stocks highlighted in yellow).

Scroll or swipe to reveal table. Click headings to sort.

Code Name Price 2 Week RSI Market Cap ($)
RMY RMA GLOBAL LTD 0.66 89.7 275.88M
DEG DE GREY MINING LTD 0.17 84.96 181.75M
SPX SPECTRUM METALS LTD 0.14 82.7 193.97M
SKY SKY METALS LTD 0.26 82.44 67.49M
NCL NETCCENTRIC LTD 0.03 82.15 7.61M
HIT HITECH GROUP AUSTRALIA LTD 1.61 81.17 61.26M
NVL NATIONAL VETERINARY CARE LTD 3.67 80.79 246.81M
FRI FINBAR GROUP LTD 0.94 80.37 255.80M
SBW SHEKEL BRAINWEIGH LTD 0.18 79.98 25.02M
WLD WELLARD LTD 0.07 78.77 39.31M
ATX AMPLIA THERAPEUTICS LTD 0.1 78.31 6.98M
TAM TANAMI GOLD NL 0.05 77.91 58.75M
ERL EMPIRE RESOURCES LTD 0.01 77.51 10.85M
MAU MAGNETIC RESOURCES NL 0.69 76.95 140.55M
DGO DGO GOLD LTD 1.74 76.92 61.24M
CRM CARBON MINERALS LTD 0.23 76.64 4.32M
KOV KORVEST LTD 4.55 76.54 51.21M
CXL CALIX LTD 0.93 76.27 137.05M
TSL TITANIUM SANDS LTD 0.04 75.88 33.48M
AXI AXIOM PROPERTIES LTD 0.05 75.88 22.50M
SOM SOMNOMED LTD 3.3 75.68 207.25M
CGL THE CITADEL GROUP LTD 5.51 74.82 271.68M
EOL ENERGY ONE LTD 3.5 73.14 77.73M
IMM IMMUTEP LTD 0.38 73.04 148.82M
CAA CAPRAL LTD 0.14 72.65 67.81M
ZEN ZENITH ENERGY LTD/AU 0.77 72.34 115.03M
KZR KALAMAZOO RESOURCES LIMITED 0.74 72.29 90.28M
AQI ALICANTO MINERALS LTD 0.07 72.29 15.18M
BID BIDENERGY LTD 1.29 72.01 167.01M
MFD MAYFIELD CHILDCARE LTD 1.12 71.98 35.49M
COS COSOL LTD 0.33 71.67 42.08M
TPW TEMPLE & WEBSTER GROUP LTD 4.03 71.62 457.09M
ZGL ZICOM GROUP LTD 0.1 71.48 22.80M
EGD EVANS & PARTNERS GLOBAL DISRUPTION 2.62 71.39 334.92M
D2O DUXTON WATER LTD 1.52 71.25 185.21M
AMX AEROMETREX LTD 2.41 71 227.50M
QMS QMS MEDIA LTD 1.24 70.96 425.75M
LTR LIONTOWN RESOURCES LTD 0.1 70.77 177.87M
ZNO ZOONO GROUP LTD 1.41 70.53 231.09M
OEC ORBITAL CORP LTD 0.62 70.49 48.10M
NTO NITRO SOFTWARE LTD 1.82 70.44 343.85M
BRI BIG RIVER INDUSTRIES LTD 1.62 70.28 100.89M
MOC MORTGAGE CHOICE LTD 1.42 70.27 177.50M
FHS FREEHILL MINING LTD 0.02 70.25 28.38M
VUL VULCAN ENERGY RESOURCES LTD 0.25 70.05 12.37M

RMA Global (ASX:RMY)

The real estate technology company has been on a steady uptrend throughout February, and this week climbed to the top of the Hot Money list for the first time.

Shares in RMA have climbed from 3.8c to a high of 6.6c since January 31, when it reported strong sales momentum out of the US where more than 40,000 US real estate agents have now registered on the RateMyAgent.com platform.

 

Running Cold

Here’s a summary of the stocks that were running cold for the two weeks ended Friday, February 14:

Things were running extra-cool on the Cold Money list last week, with no less than 70 stocks which had a 14-day RSI reading below 30. That’s well up from the previous week’s total of 49. Of those 71 companies, 46 were new entrants on this week’s list (stocks highlighted in yellow).

Scroll or swipe to reveal table. Click headings to sort.

Code Name Price ($) 2 Week RSI Market Cap
OEL OTTO ENERGY LTD 0.02 29.88 59.05M
WGN WAGNERS HOLDING CO LTD 1.9 29.85 355.67M
SEI SPECIALITY METALS INTERNATIO 0.04 29.84 38.42M
OKR OKAPI RESOURCES LTD 0.08 29.77 2.74M
PO3 PURIFLOH LTD 2.6 29.76 81.96M
RMX RED MOUNTAIN MINING LTD 0.005 29.75 3.51M
KYK KYCKR LTD 0.08 29.73 17.20M
VAL VALOR RESOURCES LTD 0.002 29.68 2.88M
SIS SIMBLE SOLUTIONS LTD 0.01 29.66 2.20M
NTU NORTHERN MINERALS LTD 0.04 29.3 111.78M
SRI SIPA RESOURCES LTD 0.06 29.3 8.68M
ATS AUSTRALIS OIL & GAS LTD 0.07 29.1 66.06M
LVE LOVE GROUP GLOBAL LTD 0.04 29.05 1.46M
PRZ PARAZERO LTD 0.04 29.03 4.58M
DYL DEEP YELLOW LTD 0.24 28.78 58.72M
XTE XTEK LTD 0.51 28.72 27.38M
SUH SOUTHERN HEMISPHERE MINING 0.01 28.62 1.42M
GRB GAGE ROADS BREWING CO 0.07 28.53 78.04M
APH AUSTRALIAN PRIMARY HEMP LTD 0.12 28.51 8.34M
LCL LOS CERROS LTD 0.04 28.48 6.76M
NET NETLINKZ LTD 0.07 28.46 135.05M
OSP OSPREY MEDICAL INC-CDI 0.02 28.41 7.77M
RHY RHYTHM BIOSCIENCES LTD 0.09 28.04 8.97M
BYI BEYOND INTERNATIONAL LTD 0.68 27.91 41.71M
AHF AUSTRALIAN DAIRY NUTRITIONAL 0.09 27.89 32.28M
CVW CLEARVIEW WEALTH LTD 0.37 27.88 250.15M
ABT ABUNDANT PRODUCE LTD 0.03 27.78 2.12M
HGO HILLGROVE RESOURCES LTD 0.05 27.7 28.11M
CHK COHIBA MINERALS LTD 0.01 27.69 5.32M
KTD KEYTONE DAIRY CORP LTD 0.34 27.66 73.14M
OVH ONEVUE HOLDINGS LTD 0.29 27.63 79.04M
SPT SPLITIT PAYMENTS LTD 0.5 27.55 155.77M
RXP RXP SERVICES LTD 0.44 27.54 71.69M
AVG AUSTRALIAN VINTAGE LTD 0.47 27.47 130.53M
CPT CIPHERPOINT LTD 0.06 27.28 2.51M
BLG BLUGLASS LTD 0.06 27 27.23M
BNO BIONOMICS LTD 0.06 26.85 32.68M
KNM KNEOMEDIA LTD 0.02 26.3 12.15M
PNC PIONEER CREDIT LTD 1.75 26.22 110.63M
PXS PHARMAXIS LTD 0.11 26.17 43.42M
FFR FIREFLY RESOURCES LTD 0.04 26.13 3.44M
PAK PACIFIC AMERICAN HOLDINGS LT 0.02 25.96 4.11M
SST STEAMSHIPS TRADING COMPANY 12.8 25.89 396.91M
PGC PARAGON CARE LTD 0.27 25.87 91.23M
TAO TAO COMMODITIES LTD 0.07 25.75 2.10M
DTM DART MINING NL 0.06 25.59 3.83M
VMS VENTURE MINERALS LTD 0.01 24.99 10.49M
MWR MGM WIRELESS LTD 0.18 24.55 25.49M
ARQ ARQ GROUP LTD 0.25 24.42 30.53M
TNP TRIPLE ENERGY LTD 0.01 24.12 647.96k
OAR OAKDALERESOURCES LTD 0.0025 23.92 1.69M
AZM AZUMAH RESOURCES LTD 0.03 23.81 31.31M
ODM ODIN METALS LTD 0.06 23.7 9.99M
HZN HORIZON OIL LTD 0.08 23.61 105.46M
GAP GALE PACIFIC LTD 0.19 23.39 50.95M
TNY TINYBEANS GROUP PTY LTD 1.48 23.36 66.13M
FUN FUNTASTIC LTD 0.01 23.11 3.58M
ZER ZETA RESOURCES LTD 0.24 23.05 68.96M
ICN ICON ENERGY LIMITED 0.005 22.94 2.99M
LNG LIQUEFIED NATURAL GAS LTD 0.12 21.2 66.32M
BLY BOART LONGYEAR LTD 1.2 21.12 105.19M
SE1 SENSERA LTD 0.01 20.41 4.35M
BUB BUBS AUSTRALIA LTD 0.69 19.47 389.41M
PRX PRODIGY GOLD NL 0.05 18.11 27.87M
TIP TEAMINVEST PRIVATE GROUP LTD 0.6 17.58 66.74M
BWF BLACKWALL LTD 0.51 17.37 32.20M
UUL ULTIMA UNITED LTD 0.02 17.24 469.21k
MPH MEDILAND PHARM LTD 0.18 17.01 56.30M
CD2 CORDISH DIXON PRIVATE EQUITY 1.53 16.52 84.72M
TIA TIAN AN AUSTRALIA LTD 0.28 15.79 24.25M

Splitit Payments (ASX:SPT)

It’s not the first time Splitit has appeared on the Running Cold list, but its appearance is notable given the company operates in the buy now, pay later sector — one of the hottest fintech trends over the last 12-24 months.

Splitit listed in January 2019 at 20c and turned heads when it raced to an all-time high of $2. But the stock has struggled for traction since releasing its Q4 trading update on January 31, which highlighted revenues of $US433,000 ($644,358), down 7 per cent on the previous quarter.