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 14:

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

Code Name Price 2 Week RSI Market Cap
EVE EVE INVESTMENTS LTD 0.01 92.86 37.26M
JRV JERVOIS MINING LTD 0.32 86.89 218.37M
FEX FENIX RESOURCES LTD 0.15 86.89 41.44M
PFT PURE FOODS TASMANIA LTD 0.5 86.63 23.04M
EXR ELIXIR ENERGY LTD 0.12 85.3 82.72M
TMH MARKET HERALD LTD/THE 0.29 84.71 54.80M
CE1 CALIMA ENERGY LTD 0.01 83.95 19.51M
IHR INTELLIHR LTD 0.22 83.58 45.83M
FIJ FIJI KAVA LTD 0.13 83.53 13.87M
NGI NAVIGATOR GLOBAL INVESTMENTS 1.78 82.45 312.95M
TRY TROY RESOURCES LTD 0.13 81.69 82.17M
SUP SUPERIOR LAKE RESOURCES LTD 0.17 81.65 27.53M
WOA WIDE OPEN AGRICULTURE LTD 0.86 80.95 69.64M
VMT VMOTO LTD 0.59 80.62 152.54M
EBND VANECK EMEG INC OPPO ACTIVE 11.54 79.87 21.15M
VN8 VONEX LTD 0.14 79.02 29.72M
CNJ CONICO LTD 0.02 79.01 6.92M
AR9 ARCHTIS LTD 0.43 78.87 75.01M
CL1 CLASS LTD 1.99 78.77 247.97M
FHS FREEHILL MINING LTD 0.07 78.69 108.05M
GLB GLOBE INTERNATIONAL LTD 1.55 78.27 62.20M
PKO PEAKO LTD 0.03 78.14 3.74M
AL3 AML3D LTD 0.31 78.05 42.36M
VML VITAL METALS LTD 0.02 78.03 38.57M
CDX CARDIEX LTD 0.05 77.96 41.89M
AQI ALICANTO MINERALS LTD 0.17 77.4 36.74M
IKO ISHARES MSCI SOUTH KOREA ETF 93.6 77.24 94.58M
ARR AMERICAN RARE EARTHS LTD 0.04 77.22 12.51M
BCI BCI MINERALS LTD 0.22 77.01 85.77M
IYLD ISHARES YIELD PLUS ETF 101 76.89 10.10M
LOT LOTUS RESOURCES LTD 0.11 76.86 74.64M
AFL AF LEGAL GROUP 0.3 76.64 18.03M
KNO KNOSYS LTD 0.1 76.1 14.73M
ACQ ACORN CAPITAL INVESTMENT FUN 1.12 76.06 59.66M
ADT ADRIATIC METALS PLC-CDI 2.54 75.95 462.95M
JDR JADAR RESOURCES LTD 0.04 75.65 22.66M
PEK PEAK RESOURCES LTD 0.04 75.42 63.50M
SFX SHEFFIELD RESOURCES LTD 0.28 74.85 98.63M
SGH SLATER & GORDON LTD 0.92 74.68 126.66M
AMO AMBERTECH LTD 0.09 74.66 7.57M
NXE NEW ENERGY MINERALS LTD 0.02 74.59 2.74M
WMI WAM MICROCAP LTD 1.53 74.56 241.56M
PPC PEET LTD 1 74.35 483.30M
ARX AROA BIOSURGERY LTD 1.39 74.32 418.60M
STX STRIKE ENERGY LTD 0.24 74.24 412.90M
CPH CRESO PHARMA LTD 0.05 73.96 16.49M
SOP SYNERTEC CORP LTD 0.06 73.9 16.85M
VOR VORTIV LTD 0.31 73.68 43.93M
GED GOLDEN DEEPS LTD 0.02 73.6 6.66M
SHK STONE RESOURCES AUSTRALIA LT 0.01 73.51 9.20M
KAR KAROON ENERGY LTD 0.82 73.44 453.70M
AV1 ADVERITAS LTD 0.1 73.41 33.64M
HMD HERAMED LTD 0.12 73.41 18.41M
ST1 SPIRIT TELECOM LTD 0.37 73.4 165.57M
SFG SEAFARMS GROUP LTD 0.07 73.22 159.87M
AJM ALTURA MINING LTD 0.07 73.12 209.04M
VBS VECTUS BIOSYSTEMS LTD 0.85 73.02 20.11M
RUL RPMGLOBAL HOLDINGS LTD 1.17 72.96 258.22M
RAG RAGNAR METALS LTD 0.01 72.88 3.60M
JRL JINDALEE RESOURCES LTD 0.41 72.82 15.93M
EGN ENGENCO LTD 0.53 72.79 166.09M
NWC NEW WORLD RESOURCES LTD 0.04 72.76 41.31M
HWH HOUSTON WE HAVE LTD 0.06 72.71 15.97M
ACU ACUMENTIS GROUP LTD 0.13 72.69 20.24M
AVC AUCTUS INVESTMENT GROUP LTD 0.44 72.67 20.59M
EGI ELLERSTON GLOBAL INVESTMENTS 1.13 72.65 124.97M
ONT 1300 SMILES LTD 6.48 72.59 153.44M
LVH LIVEHIRE LTD 0.36 72.39 107.72M
CLB CANDY CLUB HOLDINGS LTD 0.17 72.37 45.26M
EAX ENERGY ACTION LTD 0.25 72.33 6.36M
EM2 EAGLE MOUNTAIN MINING LTD 0.23 72.3 32.66M
3DP POINTERRA LTD 0.25 72.24 163.46M
RMX RED MOUNTAIN MINING LTD 0.01 72.19 8.10M
RNT RENT.COM.AU LTD 0.05 72.15 13.92M
PXS PHARMAXIS LTD 0.1 72.13 41.50M
AOU AUROCH MINERALS LTD 0.09 71.99 16.97M
RGS REGENEUS LTD 0.15 71.85 40.28M
SES SECOS GROUP LTD 0.15 71.71 61.95M
PM8 PENSANA RARE EARTHS PLC-CDI 0.64 71.58 119.55M
TAO TAO COMMODITIES LTD 0.12 71.54 3.61M
ACS ACCENT RESOURCES NL 0.01 71.45 2.17M
FOOD BETASHARES GLB AGRI COMPANIE 5.43 71.32 18.55M
XF1 XREF LTD 0.19 71.14 34.34M
TWD TAMAWOOD LTD 3.2 71.12 88.42M
RDG RESOURCE DEVELOPMENT GROUP L 0.06 71.04 146.75M
GLA GLADIATOR RESOURCES LTD 0 70.94 4.00M
KOV KORVEST LTD 4.95 70.94 55.99M
TAR TARUGA MINERALS LTD 0.06 70.88 23.04M
ELS ELSIGHT LTD 0.62 70.88 65.28M
OXX OCTANEX LTD 0.01 70.48 3.55M
HSC HSC TECHNOLOGY GROUP LTD 0.01 70.16 21.78M
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A total of 91 stocks posted a two-week RSI reading above 70 over the past fortnight. That’s down slightly from last week’s total of 105, but the list remains very well populated as market conditions stay bullish.

Among the winners was small-cap food & agriculture play EVE Investments (ASX:EVE), which jumped sharply with big trading volumes on Thursday.

The company announced it had received another purchase order from China for 21,120 units of its organic honey product, after its current shipment sold out prior to arrival in Shanghai.

 

Running Cold

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

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

Code Name Price 2 Week RSI Market Cap
EYE NOVA EYE MEDICAL LTD 0.31 29.62 44.52M
AIV ACTIVEX LTD 0.08 28.7 14.18M
PO3 PURIFLOH LTD 2 28.7 63.36M
ODM ODIN METALS LTD 0.03 28.47 6.75M
FRM FARM PRIDE FOODS LTD 0.23 27.82 12.69M
CAQ CAQ HOLDINGS LTD 0.01 27.75 5.02M
URF US MASTERS RESIDENTIAL PROPE 0.25 27.34 89.55M
MRM MMA OFFSHORE LTD 0.05 26.8 45.36M
MFD MAYFIELD CHILDCARE LTD 0.65 25.8 20.69M
AEF AUSTRALIAN ETHICAL INVT LTD 4.45 25.36 494.50M
EGY ENERGY TECHNOLOGIES LTD 0.08 21.21 12.31M
NEW NEW ENERGY SOLAR LTD 0.85 15.88 289.74M
BIR BIR FINANCIAL LTD 0.01 9.57 975.00k
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