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.

 

Running Hot

Here’s a summary of the stocks that were running hot for the two weeks ended Friday, August 7:

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

Code Name Price 2 Week RSI Market Cap
CYQ CYCLIQ GROUP LTD 0.002 96.65 3.75M
UUL ULTIMA UNITED LTD 0.19 90.62 6.45M
LVH LIVEHIRE LTD 0.38 90.2 121.17M
IHR INTELLIHR LTD 0.18 89.35 36.75M
CRS CAPRICE RESOURCES LTD/AUSTRA 0.39 85.8 12.94M
BUD BUDDY TECHNOLOGIES LTD 0.04 85.5 90.63M
RVR RED RIVER RESOURCES LTD 0.14 85.28 74.85M
VIP VIP GLOVES LTD 0.18 84.47 130.49M
BCI BCI MINERALS LTD 0.22 84.4 85.77M
SVL SILVER MINES LTD 0.29 83.42 272.73M
AR9 ARCHTIS LTD 0.41 82.93 60.49M
CCG COMMSCHOICE GROUP LTD 0.10 82.55 19.14M
MML MEDUSA MINING LTD 0.96 82.51 201.56M
GTE GREAT WESTERN EXPLORATION LT 0.22 82.38 21.97M
PFT PURE FOODS TASMANIA LTD 0.38 81.48 17.89M
AEV AVENIRA LTD 0.02 81.13 10.57M
MEI METEORIC RESOURCES NL 0.06 80.98 67.72M
BSX BLACKSTONE MINERALS LTD 0.38 80.9 96.34M
TMH MARKET HERALD LTD/THE 0.25 80.82 47.24M
K2F K2FLY LTD 0.34 79.89 30.49M
JDR JADAR RESOURCES LTD 0.04 79.84 21.53M
PMY PACIFICO MINERALS LTD 0.03 79.69 63.54M
STN SATURN METALS LTD 0.92 79.6 80.92M
ESH ESPORTS MOGUL LTD 0.01 79.57 26.56M
MHC MANHATTAN CORP LTD 0.04 79.04 46.42M
CDX CARDIEX LTD 0.05 78.73 37.70M
MKR MANUKA RESOURCES LTD 0.59 78.68 144.14M
AIS AERIS RESOURCES LTD 0.06 77.9 110.52M
ADO ANTEOTECH LTD 0.06 77.9 99.80M
EMT EMETALS LTD 0.02 77.88 9.02M
JRV JERVOIS MINING LTD 0.27 77.72 163.77M
TSO TESORO RESOURCES LTD 0.19 77.66 83.35M
ARS ALT RESOURCES LTD 0.05 77.43 33.28M
SFX SHEFFIELD RESOURCES LTD 0.22 77.42 67.04M
TRY TROY RESOURCES LTD 0.12 77.37 66.37M
PM8 PENSANA RARE EARTHS PLC-CDI 0.53 77.26 104.49M
MAU MAGNETIC RESOURCES NL 1.62 77.02 337.48M
ELS ELSIGHT LTD 0.6 76.95 62.07M
HT8 HARRIS TECHNOLOGY GROUP LTD 0.12 76.89 22.19M
SCL SCHROLE GROUP LTD 0.03 76.57 28.63M
SUH SOUTHERN HEMISPHERE MINING 0.03 76.56 3.98M
NNT 99 TECHNOLOGY LTD 0.09 76.52 104.37M
CNB CARNABY RESOURCES LTD 0.19 76.51 18.59M
NXE NEW ENERGY MINERALS LTD 0.01 76.47 2.57M
HWH HOUSTON WE HAVE LTD 0.05 76.43 14.66M
ARV ARTEMIS RESOURCES LTD 0.1 76.38 111.68M
BIQ BUILDINGIQ INC-CDI 0.01 76.16 3.74M
IVR INVESTIGATOR RESOURCES LTD 0.05 76.15 47.37M
AGS ALLIANCE RESOURCES LTD 0.23 75.89 42.79M
SMX SECURITY MATTERS LTD 0.38 75.52 54.21M
AAR ANGLO AUSTRALIAN RESOURCES 0.19 75.41 93.59M
ACB A-CAP ENERGY LTD 0.02 75.4 16.57M
LCL LOS CERROS LTD 0.09 75.34 27.12M
TNT TESSERENT LTD 0.23 75.26 137.37M
RMI RESOURCE MINING CORP LTD 0.01 75.23 3.56M
FML FOCUS MINERALS LTD 0.45 75.22 80.41M
ADT ADRIATIC METALS PLC-CDI 2.39 75.19 410.51M
ARL ARDEA RESOURCES LTD 0.61 75.08 68.62M
POS POSEIDON NICKEL LTD 0.05 74.93 118.92M
AVZ AVZ MINERALS LTD 0.06 74.68 184.50M
OZG OZGROWTH LTD 0.19 74.63 67.55M
KAR KAROON ENERGY LTD 0.77 74.62 431.57M
GLB GLOBE INTERNATIONAL LTD 1.42 73.98 58.88M
AD1 AD1 HOLDINGS LTD 0.05 73.89 26.31M
TGA THORN GROUP LTD 0.14 73.87 43.52M
MBH MAGGIE BEER HOLDINGS LTD 0.29 73.83 63.22M
E25 ELEMENT 25 LTD 0.57 73.25 65.64M
AJM ALTURA MINING LTD 0.07 73.12 209.04M
DCC DIGITALX LTD 0.04 73.04 24.23M
RAG RAGNAR METALS LTD 0.01 72.88 3.60M
DDD 3D RESOURCES LTD 0.004 72.7 14.95M
SVD SCANDIVANADIUM LTD 0.04 72.67 17.97M
ARU ARAFURA RESOURCES LTD 0.08 72.58 92.26M
ARD ARGENT MINERALS LTD 0.06 72.41 43.30M
EAX ENERGY ACTION LTD 0.25 72.33 6.36M
AFL AF LEGAL GROUP 0.25 72.16 15.32M
WKT WALKABOUT RESOURCES LTD 0.18 72.02 61.10M
ONT 1300 SMILES LTD 6.05 71.93 143.96M
PTR PETRATHERM LTD 0.17 71.88 31.01M
NUH NUHEARA LTD 0.05 71.75 72.53M
EGI ELLERSTON GLOBAL INVESTMENTS 1.13 71.66 124.42M
AWV ANOVA METALS LTD 0.04 71.47 49.88M
ACS ACCENT RESOURCES NL 0.01 71.45 2.17M
TRL TANGA RESOURCES LTD 0.04 71.38 5.47M
AL3 AML3D LTD 0.28 71.27 35.74M
RLG ROOLIFE GROUP LTD 0.03 71.25 11.92M
ST1 SPIRIT TELECOM LTD 0.34 71.22 147.17M
NZS NEW ZEALAND COASTAL SEAFOODS 0.04 71.19 27.68M
MYL MYANMAR METALS LTD 0.09 71.14 155.64M
AVC AUCTUS INVESTMENT GROUP LTD 0.41 71.14 19.18M
GLA GLADIATOR RESOURCES LTD 0.002 70.94 4.00M
ADH ADAIRS LTD 2.79 70.93 461.58M
AUT AUTECO MINERALS LTD 0.21 70.85 329.11M
CNJ CONICO LTD 0.01 70.85 5.00M
ICE ICETANA LTD 0.16 70.81 21.93M
MRR MINREX RESOURCES LTD 0.03 70.75 6.00M
NWC NEW WORLD RESOURCES LTD 0.03 70.57 29.60M
CHZ CHESSER RESOURCES LTD 0.23 70.49 82.24M
OXX OCTANEX LTD 0.01 70.48 3.55M
TKL TRAKA RESOURCES LTD 0.03 70.4 13.36M
ZEU ZEUS RESOURCES LTD 0.01 70.16 2.70M
KGM KALNORTH GOLD MINES LTD 0.02 70.13 12.52M
RXM REX MINERALS LTD 0.23 70.12 68.13M
GPR GEOPACIFIC RESOURCES LTD 0.71 70.08 120.78M
VMT VMOTO LTD 0.52 70.01 125.85M

The Relative Strength Index index picked up microcap stock Cycliq Group (ASX:CYQ) at the top of the list with a reading of 96.65.

Cyliq, which makes dash-cams for bikes and has a market cap of less than $4m, ticked higher last Friday on the back of a June quarter trading update.

The company said it had reached cashflow break-even and reported strong pre-order demand for its latest product line, amid a pickup in bike demand during the COVID-19 crisis.

As a measure of market sentiment the Running Hot list continues to lean bullish, with another 105 stocks posting a two-week RSI above 70 — up from 88 last week.

 

Running Cold

Here’s a summary of the stocks that were running cold for the two weeks ended Friday, August 7:

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

Code Name Price 2 Week RSI Market Cap
AMB AMBITION GROUP LTD 0.02 29.59 1.48M
CDP CARINDALE PROPERTY TRUST 3.00 29.2 210.00M
ANO ADVANCE NANOTEK LTD 3.5 29.19 203.87M
MOZ MOSAIC BRANDS LTD 0.48 28.49 46.47M
PFP PROPEL FUNERAL PARTNERS LTD 2.66 28.42 262.64M
OFX OFX GROUP LTD 1.16 28.36 291.02M
PRM PROMINENCE ENERGY LTD 0.01 28.04 1.26M
JAT JATCORP LTD 0.03 27.98 27.55M
TAP TAP OIL LTD 0.07 27.87 29.96M
BLY BOART LONGYEAR LTD 0.35 26.82 30.76M
CAQ CAQ HOLDINGS LTD 0.01 26.56 5.02M
DCL DOMACOM LTD 0.03 26.25 7.35M
PET PHOSLOCK ENVIRONMENTAL TECHNOLOGIES 0.20 25.92 121.88M
MMI METRO MINING LTD 0.09 25.69 123.61M
1AL ONEALL INTERNATIONAL LTD 0.20 23.7 26.00M
CAN CANN GROUP LTD 0.46 22.69 88.79M
SMR STANMORE COAL LTD 0.55 22.08 146.02M
AVR ANTERIS TECHNOLOGIES LTD 3.25 20.86 18.74M
EGY ENERGY TECHNOLOGIES LTD 0.08 16.51 11.86M
BIR BIR FINANCIAL LTD 0.02 8.38 1.30M