Hot Money Monday: These are the most in-demand stocks on the ASX right now
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Each Monday, Stockhead recaps the stocks most heavily in demand by investors.
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.
Scroll or swipe to reveal table. Click headings to sort.
Code | Name | Price | 2 Week RSI | Market Cap |
---|---|---|---|---|
CTO | CITIGOLD CORP LTD | 0.02 | 89.97 | 52.02M |
UUL | ULTIMA UNITED LTD | 0.22 | 89.3 | 6.45M |
FML | FOCUS MINERALS LTD | 0.44 | 86.22 | 81.32M |
AVA | AVA RISK GROUP LTD | 0.25 | 84.17 | 60.07M |
PM1 | PURE MINERALS LTD | 0.02 | 84.07 | 13.82M |
JRV | JERVOIS MINING LTD | 0.23 | 83.04 | 150.93M |
GTE | GREAT WESTERN EXPLORATION | 0.17 | 81.14 | 19.42M |
OZG | OZGROWTH LTD | 0.19 | 80.87 | 65.77M |
NNT | 99 TECHNOLOGY LTD | 0.08 | 80.85 | 93.93M |
SVL | SILVER MINES LTD | 0.21 | 80.66 | 222.23M |
ADO | ANTEOTECH LTD | 0.04 | 80.49 | 72.44M |
RMX | RED MOUNTAIN MINING LTD | 0.01 | 80.48 | 8.10M |
WSP | WHISPIR LTD | 4.67 | 80.22 | 484.91M |
BSX | BLACKSTONE MINERALS LTD | 0.35 | 80.07 | 88.73M |
DEV | DEVEX RESOURCES LTD | 0.19 | 79.81 | 45.21M |
ELS | ELSIGHT LTD | 0.44 | 79.54 | 52.44M |
TMH | MARKET HERALD LTD/THE | 0.24 | 78.9 | 45.35M |
FCT | FIRSTWAVE CLOUD TECHNOLOGY | 0.14 | 78.63 | 103.62M |
SE1 | SENSERA LTD | 0.09 | 78.49 | 29.31M |
VIP | VIP GLOVES LTD | 0.13 | 78.4 | 93.21M |
GAL | GALILEO MINING LTD | 0.37 | 77.96 | 54.38M |
BUD | BUDDY TECHNOLOGIES LTD | 0.03 | 77.94 | 67.32M |
CHZ | CHESSER RESOURCES LTD | 0.23 | 77.87 | 83.82M |
PFT | PURE FOODS TASMANIA LTD | 0.26 | 76.93 | 13.24M |
ELT | ELEMENTOS LTD | 0.01 | 76.86 | 20.39M |
SUH | SOUTHERN HEMISPHERE MINING | 0.03 | 76.56 | 3.98M |
AUZ | AUSTRALIAN MINES LTD | 0.03 | 76.29 | 90.65M |
SOP | SYNERTEC CORP LTD | 0.05 | 76.16 | 13.79M |
AUR | AURIS MINERALS LTD | 0.09 | 76.14 | 35.15M |
HWH | HOUSTON WE HAVE LTD | 0.04 | 76.03 | 11.52M |
NAE | NEW AGE EXPLORATION LTD | 0.01 | 75.6 | 10.67M |
VXR | VENTUREX RESOURCES LTD | 0.07 | 75.33 | 26.37M |
BRN | BRAINCHIP HOLDINGS LTD | 0.17 | 75.23 | 244.38M |
RMI | RESOURCE MINING CORP LTD | 0.01 | 75.23 | 3.56M |
WIC | WESTOZ INVESTMENT CO LTD | 1.00 | 75.13 | 134.87M |
CDV | CARDINAL RESOURCES LTD | 0.74 | 74.65 | 386.63M |
SRI | SIPA RESOURCES LTD | 0.09 | 74.65 | 13.23M |
AML | AEON METALS LTD | 0.16 | 74 | 105.02M |
JDR | JADAR RESOURCES LTD | 0.03 | 73.87 | 14.70M |
NWC | NEW WORLD RESOURCES LTD | 0.03 | 73.64 | 30.59M |
MYL | MYANMAR METALS LTD | 0.08 | 73.6 | 146.79M |
LMG | LATROBE MAGNESIUM LTD | 0.03 | 73.56 | 36.30M |
POW | PROTEAN ENERGY LTD | 0.01 | 73.52 | 3.43M |
KOV | KORVEST LTD | 4.71 | 73.44 | 53.28M |
BLG | BLUGLASS LTD | 0.09 | 73.22 | 91.76M |
IMA | IMAGE RESOURCES NL | 0.19 | 73.2 | 191.29M |
RDM | RED METAL LTD | 0.16 | 73.1 | 39.29M |
ITG | INTEGA GROUP LTD | 0.32 | 72.92 | 144.71M |
LVH | LIVEHIRE LTD | 0.25 | 72.92 | 75.73M |
AQD | AUSQUEST LTD | 0.03 | 72.85 | 18.29M |
RVR | RED RIVER RESOURCES LTD | 0.12 | 72.83 | 59.37M |
DXB | DIMERIX LTD | 0.45 | 72.71 | 92.94M |
ACS | ACCENT RESOURCES NL | 0.01 | 72.66 | 2.17M |
EM1 | EMERGE GAMING LTD | 0.03 | 72.63 | 21.03M |
ARL | ARDEA RESOURCES LTD | 0.52 | 72.5 | 61.00M |
CTE | CRYOSITE LTD | 0.19 | 72.39 | 8.90M |
HAW | HAWTHORN RESOURCES LTD | 0.18 | 72.36 | 60.03M |
EAX | ENERGY ACTION LTD | 0.25 | 72.33 | 6.36M |
BCI | BCI MINERALS LTD | 0.19 | 72.19 | 75.80M |
CNB | CARNABY RESOURCES LTD | 0.17 | 72.13 | 16.14M |
FFR | FIREFLY RESOURCES LTD | 0.09 | 71.89 | 8.98M |
ADA | ADACEL TECHNOLOGIES LTD | 0.58 | 71.85 | 45.10M |
EXR | ELIXIR ENERGY LTD | 0.06 | 71.64 | 51.01M |
RGS | REGENEUS LTD | 0.1 | 71.61 | 29.17M |
5GN | 5G NETWORKS LTD/AUSTRALIA | 1.77 | 71.43 | 162.15M |
SER | STRATEGIC ENERGY RESOURCES | 0.01 | 71.32 | 10.69M |
GLA | GLADIATOR RESOURCES LTD | 0 | 71.3 | 3.00M |
3DP | POINTERRA LTD | 0.17 | 71.29 | 122.97M |
ADT | ADRIATIC METALS PLC-CDI | 1.86 | 71.24 | 356.26M |
ERX | EXORE RESOURCES LTD | 0.11 | 71.1 | 67.78M |
PMY | PACIFICO MINERALS LTD | 0.02 | 70.83 | 46.21M |
TSO | TESORO RESOURCES LTD | 0.14 | 70.76 | 64.30M |
MSL | MSL SOLUTIONS LTD. | 0.09 | 70.71 | 27.39M |
SRG | SRG GLOBAL LTD | 0.31 | 70.67 | 135.97M |
AUT | AUTECO MINERALS LTD | 0.19 | 70.64 | 289.93M |
ARD | ARGENT MINERALS LTD | 0.05 | 70.58 | 37.88M |
ABV | ADVANCED BRAKING TECHNOLOGY | 0.04 | 70.55 | 14.41M |
VMS | VENTURE MINERALS LTD | 0.04 | 70.5 | 30.81M |
TRL | TANGA RESOURCES LTD | 0.04 | 70.47 | 4.92M |
AME | ALTO METALS LTD | 0.09 | 70.37 | 27.50M |
RND | RAND MINING LTD | 2.38 | 70.25 | 143.15M |
BPP | BABYLON PUMP & POWER LTD | 0.03 | 70.23 | 20.93M |
KAR | KAROON ENERGY LTD | 0.73 | 70.21 | 403.91M |
RXM | REX MINERALS LTD | 0.22 | 70.17 | 65.03M |
XST | XSTATE RESOURCES LTD | 0 | 70.16 | 4.35M |
ARS | ALT RESOURCES LTD | 0.05 | 70.15 | 30.48M |
OXX | OCTANEX LTD | 0.01 | 70.01 | 3.55M |
EZL | EUROZ LTD | 1.18 | 70 | 191.77M |
The list of ASX small caps with a two-week RSI above 70 remains well populated, with 88 stocks making the cut as markets digested the first round of quarterly trading updates.
Perhaps not surprisingly (with gold testing $US2,000oz), a gold miner topped the list as minnow explorer Citigold Corp (ASX:CTO) climbed from half a cent to 1.8c after releasing its quarterly activity reports on Wednesday.
Scroll or swipe to reveal table. Click headings to sort.
Code | Name | Price | 2 Week RSI | Market Cap |
---|---|---|---|---|
BHL | BOYUAN HOLDINGS LTD | 0.08 | 29.64 | 27.45M |
PKD | PARKD LTD | 0.02 | 29.52 | 1.50M |
EYE | NOVA EYE MEDICAL LTD | 0.34 | 29.29 | 48.11M |
SKY | SKY METALS LTD | 0.15 | 29.26 | 44.21M |
AFA | ASF GROUP LTD | 0.06 | 28.95 | 47.58M |
PRM | PROMINENCE ENERGY LTD | 0.01 | 27.21 | 1.48M |
SMR | STANMORE COAL LTD | 0.63 | 26.46 | 167.65M |
IXC | INVEX THERAPEUTICS LTD | 0.94 | 25.92 | 70.64M |
AMB | AMBITION GROUP LTD | 0.02 | 25.31 | 1.28M |
1AL | ONEALL INTERNATIONAL LTD | 0.2 | 23.7 | 26.00M |
CAN | CANN GROUP LTD | 0.47 | 22.69 | 91.69M |
BLY | BOART LONGYEAR LTD | 0.35 | 22.01 | 30.76M |
AVR | ANTERIS TECHNOLOGIES LTD | 3.45 | 17.28 | 20.39M |
EGY | ENERGY TECHNOLOGIES LTD | 0.08 | 16.8 | 12.16M |
BIR | BIR FINANCIAL LTD | 0.02 | 8.53 | 1.30M |