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.
Running Hot
Here’s a summary of the stocks that were running hot for the two weeks ended Friday, July 3:
Scroll or swipe to reveal table. Click headings to sort.
Code Name Price 2 Week RSI Market Cap ($) AR9 ARCHTIS LTD 0.21 91.47 34.68M TMR TEMPUS RESOURCES LTD 0.40 84.19 27.21M MSM MSM CORPORATION INTERNATIONA 0.05 84.04 40.29M KAI KAIROS MINERALS LTD 0.05 82.67 71.48M DVL DORSAVI LTD 0.05 82.51 11.34M TNG TNG LTD 0.09 82.12 97.84M MKG MAKO GOLD LTD 0.13 82.09 13.00M AUC AUSGOLD LTD 0.04 82.03 46.46M CTM CENTAURUS METALS LTD 0.5 81.93 125.54M SCN SCORPION MINERALS LTD 0.07 81.92 13.50M OSX OSTEOPORE LTD 0.74 81.82 84.53M AUT AUTECO MINERALS LTD 0.16 81.55 193.68M 3PL 3P LEARNING LTD 0.94 81.02 125.54M STN SATURN METALS LTD 0.8 80.86 65.96M TRT TODD RIVER RESOURCES LTD 0.04 80.81 9.62M YOJ YOJEE LTD 0.09 80.69 89.67M KTA KRAKATOA RESOURCES LTD 0.07 80.28 13.78M VMT VMOTO LTD 0.36 80.25 86.44M RTR RUMBLE RESOURCES LTD 0.16 80.24 80.71M MEI METEORIC RESOURCES NL 0.04 79.83 51.72M PAA PHARMAUST LTD 0.25 79.69 63.42M G88 GOLDEN MILE RESOURCES LTD 0.07 79.46 6.24M LNY LANEWAY RESOURCES LTD 0.01 78.48 27.90M AYR ALLOY RESOURCES LTD 0.03 78.46 8.72M SGLLV RICEGROWERS LIMITED 5.94 78.44 354.74M ELX ELLEX MEDICAL LASERS LTD 0.71 78.14 101.96M VIC VICTORY MINES LTD 0 78.06 6.26M HRN HORIZON GOLD LIMITED 0.44 77.82 33.67M TTI TRAFFIC TECHNOLOGIES LTD 0.02 77.8 8.68M LMG LATROBE MAGNESIUM LTD 0.02 77.76 25.93M CDV CARDINAL RESOURCES LTD 0.62 77.65 312.52M TGM THETA GOLD MINES LTD 0.3 77.5 132.50M TIE TIETTO MINERALS LTD 0.54 77.29 189.03M OSP OSPREY MEDICAL INC-CDI 0.03 77.14 32.97M RXL ROX RESOURCES LTD 0.08 77.14 163.11M KSS KLEOS SPACE SA-CDI 0.35 76.51 36.79M GMD GENESIS MINERALS LTD 0.06 76.51 99.83M FZO FAMILY ZONE CYBER SAFETY LTD 0.25 76.44 70.93M EMV EMVISION MEDICAL DEVICES LTD 1.66 76.35 107.75M PTR PETRATHERM LTD 0.09 76.21 15.85M GSN GREAT SOUTHERN MINING LTD 0.14 75.88 57.13M ANP ANTISENSE THERAPEUTICS LTD 0.08 75.67 42.52M CDT CASTLE MINERALS LTD 0.01 75.59 5.45M ASG AUTOSPORTS GROUP LTD 1.23 75.43 247.23M SE1 SENSERA LTD 0.04 75.17 16.75M DTM DART MINING NL 0.16 75.03 11.62M PDZ PRAIRIE MINING LTD 0.27 75.01 62.62M CWL CHANT WEST HOLDINGS LTD 0.1 74.98 13.95M BNL BLUE STAR HELIUM LTD 0.02 74.67 14.86M DTC DAMSTRA HOLDINGS LTD 1.33 74.63 187.60M CAD CAENEUS MINERALS LTD 0.01 74.5 20.99M NTD NATIONAL TYRE & WHEEL LTD 0.44 74.44 44.76M RMX RED MOUNTAIN MINING LTD 0.01 74.27 5.63M MMM MARLEY SPOON AG-CDI 1.77 74.12 304.20M EOL ENERGY ONE LTD 4.11 74.03 104.44M EMR EMERALD RESOURCES NL 0.57 73.9 295.84M HWK HAWKSTONE MINING LTD 0.02 73.88 15.96M TTM TITAN MINERALS LTD 0.1 73.82 97.29M VLT VAULT INTELLIGENCE LTD 0.33 73.78 42.24M NXM NEXUS MINERALS LTD 0.06 73.61 7.09M CLB CANDY CLUB HOLDINGS LTD 0.11 73.45 25.98M 360 LIFE360 INC-CDI 2.5 73.42 369.71M RAC RACE ONCOLOGY LTD 0.76 73.41 85.09M PEX PEEL MINING LTD 0.19 73.39 47.52M VMS VENTURE MINERALS LTD 0.03 73.25 21.82M WRM WHITE ROCK MINERALS LTD 0.01 73.24 23.52M CBY CANTERBURY RESOURCES LTD 0.14 73.11 12.23M ENT ENTERPRISE METALS LTD 0.02 72.98 8.58M WWI WEST WITS MINING LTD 0.02 72.96 22.51M PGM PLATINA RESOURCES LTD 0.04 72.72 13.74M ST1 SPIRIT TELECOM LTD 0.25 72.71 114.98M BEL BENTLEY CAPITAL LTD 0.05 72.68 3.43M CY5 CYGNUS GOLD LTD 0.16 72.62 9.21M LSR LODESTAR MINERALS LTD 0.01 72.47 11.09M BSX BLACKSTONE MINERALS LTD 0.21 72.34 54.13M FAU FIRST AU LTD 0.02 72.24 5.98M WAT WATERCO LTD 2.6 72.17 93.22M TKM TREK METALS LTD 0.04 72.16 2.19M GMR GOLDEN RIM RESOURCES LTD 0.01 72.07 20.60M RXM REX MINERALS LTD 0.12 71.93 32.52M MAU MAGNETIC RESOURCES NL 1.28 71.9 268.93M STA STRANDLINE RESOURCES LTD 0.28 71.82 117.36M TLG TALGA RESOURCES LTD 0.62 71.69 146.23M SI6 SIX SIGMA METALS LTD 0.01 71.64 3.87M FFR FIREFLY RESOURCES LTD 0.07 71.61 7.20M VUL VULCAN ENERGY RESOURCES LTD 0.57 71.57 38.99M FIN FIN RESOURCES LTD 0.02 71.57 4.96M BC8 BLACK CAT SYNDICATE LTD 0.89 71.5 77.39M ADT ADRIATIC METALS PLC-CDI 1.58 71.27 282.19M NSB NEUROSCIENTIFIC BIOPHARMACEU 0.25 71.21 17.24M CNB CARNABY RESOURCES LTD 0.12 71.12 10.56M MTH MITHRIL RESOURCES LTD 0.03 71.03 41.62M ISD ISENTIA GROUP LTD 0.19 70.86 40.00M GSM GOLDEN STATE MINING LTD 0.57 70.76 27.33M CAZ CAZALY RESOURCES LTD 0.04 70.7 13.15M WCN WHITE CLIFF MINERALS LTD 0.01 70.6 6.81M AUR AURIS MINERALS LTD 0.05 70.5 20.84M MCT METALICITY LTD 0.03 70.49 43.30M SFX SHEFFIELD RESOURCES LTD 0.17 70.42 50.98M PFG PRIME FINANCIAL GROUP LTD 0.07 70.22 13.67M OVH ONEVUE HOLDINGS LTD 0.38 70.18 100.47M COS COSOL LTD 0.58 70.1 74.59M
In line with the continued strength in stock markets, the number of stocks on the Running Hot list jumped to 103 last week, well above the 56 companies with an RSI above 70 in the week prior.
Running Cold
Here’s a summary of the stocks that were running hot for the two weeks ended Friday, July 3:
Scroll or swipe to reveal table. Click headings to sort.
Code Name Price ($) 2 Week RSI Market Cap POU BETASHARES BRITISH POUND ETF 17.55 29.7 16.18M IGB ISHARES TREASURY ETF 113.07 29.11 84.11M HPR HIGH PEAK ROYALTIES LTD 0.05 28.95 10.20M CPH CRESO PHARMA LTD 0.03 28.34 12.68M EBG EUMUNDI GROUP LTD 0.79 28.16 32.82M TML TIMAH RESOURCES LTD 0.05 27.83 4.13M RCB RUSSELL INVEST AUST SELECT C 20.66 27.76 230.01M BLY BOART LONGYEAR LTD 0.41 27.42 36.03M PKD PARKD LTD 0.02 27.36 1.58M GLIN AMP CAP GLOBAL INFRASTRUC FD 2.74 27.12 30.12M RGB RUSSELL INVEST AUST GOVT BON 23.01 26.9 82.41M CLQ CLEAN TEQ HOLDINGS LTD 0.14 26.65 100.77M AMB AMBITION GROUP LTD 0.02 26.22 1.41M XARO ACTIVEX ARDEA REAL OC BD MFD 26.29 25.29 193.52M VIF VANGUARD INTL FI INDEX HEDGE 50.62 24.68 485.34M BHL BOYUAN HOLDINGS LTD 0.08 24.66 27.45M YTMAPA XTB UNITS APA 103.7 24.59 5.38M MAR MALACHITE RESOURCES LTD 0.02 24.55 1.36M PET PHOSLOCK ENVIRONMENTAL TECHN 0.29 22.28 181.25M PIN PINCHME.COM INC-CDI 0.03 22.24 4.10M RSM RUSSELL INVEST AUST SEMI-GOV 21.2 21.55 59.69M SMR STANMORE COAL LTD 0.71 20.91 191.99M EGY ENERGY TECHNOLOGIES LTD 0.13 20.1 11.87M UUL ULTIMA UNITED LTD 0.02 17.63 645.17k BIR BIR FINANCIAL LTD 0.02 8.41 1.30M
Bullish sentiment means the Running Cold list remains thinly populated with just 25 ASX small caps trading with an RSI below 30 — the same number as last week.