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, June 5:

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

Code Name Price 2 Week RSI Market Cap ($)
OPY OPENPAY GROUP LTD 3.02 93.81 329.23M
AL8 ALDERAN RESOURCES LTD 0.16 90.02 36.27M
FBR FBR LTD 0.07 88.34 111.47M
EUC EUROPEAN COBALT LTD 0.04 84.2 27.42M
WCN WHITE CLIFF MINERALS LTD 0.01 84.08 5.84M
NVX NOVONIX LTD 0.71 83.61 160.79M
DXB DIMERIX LTD 0.41 83.15 81.69M
ZLD ZELIRA THERAPEUTICS LTD 0.07 83.09 65.16M
SPT SPLITIT PAYMENTS LTD 0.77 82.95 290.70M
VEN VINTAGE ENERGY LTD 0.09 82.9 28.56M
TRS REJECT SHOP LTD/THE 6.34 82.11 244.33M
AYS AMAYSIM AUSTRALIA LTD 0.51 81.68 156.41M
AUR AURIS MINERALS LTD 0.04 80.93 14.30M
MSV MITCHELL SERVICES LTD 0.57 80.86 119.54M
ERX EXORE RESOURCES LTD 0.09 80.65 48.92M
IOD IODM LTD 0.17 80.3 95.06M
HMX HAMMER METALS LTD 0.03 80.09 18.77M
PTX PRESCIENT THERAPEUTICS LTD 0.07 80.02 26.42M
SVD SCANDIVANADIUM LTD 0.02 79.91 6.33M
IP1 INTEGRATED PAYMENT TECHNOLOG 0.02 79.57 7.41M
OPL OPYL LTD 0.16 79.43 4.59M
MNS MAGNIS ENERGY TECHNOLOGIES L 0.09 79.22 56.76M
ALF AUSTRALIAN LEADERS FUND LTD 0.92 79.08 180.09M
ASN ANSON RESOURCES LTD 0.04 79 30.55M
MCT METALICITY LTD 0.01 78.4 18.05M
SHM SHRIRO HOLDINGS LTD 0.6 78.37 57.05M
MTO MOTORCYCLE HOLDINGS LTD 1.6 77.76 101.20M
RMC RESIMAC GROUP LTD 1.2 77.7 488.94M
BKT BLACK ROCK MINING LTD 0.05 77.65 33.96M
AMI AURELIA METALS LTD 0.48 77.55 406.40M
PIA PENGANA INTERNATIONAL EQUITI 1.12 77.54 282.04M
BC8 BLACK CAT SYNDICATE LTD 0.69 77.53 59.73M
OVH ONEVUE HOLDINGS LTD 0.38 77.47 99.13M
HAS HASTINGS TECHNOLOGY METALS L 0.14 76.81 139.65M
5GN 5G NETWORKS LTD/AUSTRALIA 1.27 76.73 93.49M
MXR MAXIMUS RESOURCES LTD 0.09 76.46 7.31M
MSG MCS SERVICES LTD 0.02 76.41 4.69M
HTG HARVEST TECHNOLOGY GROUP LTD 0.19 76.33 68.63M
CRO CIRRALTO LTD 0.01 76.23 4.94M
HLO HELLOWORLD TRAVEL LTD 2.89 76.11 369.17M
KIS KING ISLAND SCHEELITE LTD 0.07 75.96 18.24M
BNR BULLETIN RESOURCES LTD 0.09 75.93 14.34M
TNR TORIAN RESOURCES LTD 0.04 75.5 16.93M
PPC PEET LTD 0.96 75.45 466.38M
NCK NICK SCALI LTD 6.08 75.44 498.15M
CDM CADENCE CAPITAL LTD 0.63 75.38 201.78M
SIO SIMONDS GROUP LTD 0.33 75.34 47.47M
PPG PRO-PAC PACKAGING LTD 0.2 75.1 166.28M

 

Running Cold

Here’s a summary of the stocks that were running cold for the two weeks ended Friday, June 5:

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

Code Name Price ($) 2 Week RSI Market Cap
JXT JAXSTA LTD 0.02 34.71 5.93M
AKG ACADEMIES AUSTRALASIA GROUP 0.24 34.39 29.99M
AQS AQUIS ENTERTAINMENT LTD 0.013 34.24 2.41M
CPH CRESO PHARMA LTD 0.05 33.95 15.63M
CAG CAPE RANGE LTD 0.4 33.61 37.96M
MCM MC MINING LTD 0.14 33.58 20.46M
GGX GAS2GRID LTD 0.001 33.53 1.38M
IXU IXUP LTD 0.02 33.47 4.01M
PG1 PEARL GLOBAL LTD 0.07 33.45 16.77M
ARN ALDORO RESOURCES LTD 0.08 33.38 4.33M
ACS ACCENT RESOURCES NL 0.005 33.33 905.00k
MGU MAGNUM MINING AND EXPLORATION 0.04 33.1 10.97M
PEN PENINSULA ENERGY LTD 0.09 32.92 28.35M
MAG MAGMATIC RESOURCES LTD 0.25 32.87 42.41M
CII CI RESOURCES LTD 0.75 32.58 86.69M
PIN PINCHME.COM INC-CDI 0.05 32.53 7.64M
NUC NUCHEV LTD 2.65 32.35 118.35M
AGR AGUIA RESOURCES LTD 0.05 32.35 11.71M
UCW UCW LTD 0.09 32.13 10.81M
MAR MALACHITE RESOURCES LTD 0.05 31.97 3.13M
PNW PACIFIC STAR NETWORK LTD 0.22 31.64 40.97M
AMG AUSMEX MINING GROUP LTD 0.03 31.47 16.43M
CLX CTI LOGISTICS LTD 0.45 31.47 34.97M
SFM SANTA FE MINERALS LTD 0.05 31.43 4.01M
BFC BESTON GLOBAL FOOD CO LTD 0.05 31.35 22.61M
BLV BLOSSOMVALE HOLDINGS LTD 0.06 31.05 3.69M
PKD PARKD LTD 0.03 30.86 2.40M
ABT ABUNDANT PRODUCE LTD 0.01 30.51 933.33k
EGY ENERGY TECHNOLOGIES LTD 0.19 30.47 16.73M
PAN PANORAMIC RESOURCES LTD 0.08 28.9 109.46M
TNP TRIPLE ENERGY LTD 0.01 28.72 431.98k
AMB AMBITION GROUP LTD 0.04 26.84 2.42M
KLO KINGSLAND GLOBAL LTD-CDI 0.08 25.13 30.38M
SST STEAMSHIPS TRADING COMPANY 9.5 24.46 294.58M
EBG EUMUNDI GROUP LTD 0.81 18.91 33.65M
VOL VICTORY OFFICES LTD 0.5 14.35 20.25M
BIR BIR FINANCIAL LTD 0.05 10.86 4.06M
KLL KALIUM LAKES LTD 0.15 9.23 103.98M