ASX Momentum Leaders — Weekly Top 10 by Quarterly Momentum
- Christopher Hall
- 13 minutes ago
- 6 min read
Written by Christopher Hall, AdvDipFP | Authorised Representative, AFSL 526688 | Updated July 2026
The FMP ASX Momentum Leaders are the ten ASX-listed stocks with the strongest quarterly price momentum, ranked by a proprietary momentum score and updated on this page every week. For the week ending Saturday 18 July 2026, the list is led by OncoSil Medical (OSL) on a +202.04% quarterly gain, with Janus Electric Holdings (JNS) the strongest weekly mover at +93.10%. Resource exploration holds five of the ten places. This page always shows the current week's Top 10; the full written analysis for each week is linked below.
This Week's Top 10 ASX Momentum Leaders — Saturday 18 July 2026
Data current as of 18 July 2026.
Rank | Company | ASX Code | Quarterly Gain | Weekly Gain | Days on List | Launch Pad Entry | Gain Since Launch Pad | Thematic |
1 | OncoSil Medical | OSL | +202.04% | +12.12% | 20 | 41 sessions | +181.90% | Healthcare / oncology devices |
2 | Janus Electric Holdings | JNS | +80.65% | +93.10% | 45+ | 4 sessions | +69.70% | Clean transport / EV |
3 | Resource Minerals International | RMI | +440.00% | −1.82% | 45+ | — | — | Copper-gold exploration |
4 | Carnegie Clean Energy | CCE | +287.93% | −2.17% | 42 | 42 sessions | +114.29% | Clean energy |
5 | Cauldron Energy | CXU | +114.29% | +4.35% | 45+ | 28 sessions | +96.72% | Uranium exploration |
6 | Hammer Metals | HMX | +85.71% | +3.17% | 30 | 43 sessions | +85.71% | Copper-gold exploration |
7 | Solstice Minerals | SLS | +74.40% | −0.91% | 37 | — | — | Gold exploration |
8 | Fleetwood | FWD | +33.73% | +17.71% | 9 | 15 sessions | +29.89% | Modular building / construction |
9 | DXN Limited | DXN | +566.67% | −23.81% | 31 | 40 sessions | +700.00% | AI infrastructure / data centres |
10 | AuKing Mining | AKN | +12.50% | −3.57% | 44 | 36 sessions | +22.73% | Uranium / base metals exploration |
Launch Pad cells use an em dash where a company has no current Launch Pad entry. Day counts are trading sessions, not calendar days, and are capped at 45 in the source data — a figure shown as "45+" means at least 45 sessions. Figures are drawn from Finer Market Points' proprietary momentum research, dated 17 July 2026.
Full analysis of this week's list: ASX Top 10 Momentum Stocks — Saturday 18 July 2026 — the leading themes, the standout movers, and what the week's data reveals about ASX momentum conditions.
How FMP Identifies Momentum Leaders
Finer Market Points ranks every eligible ASX stock using a proprietary momentum score built on price performance across multiple time windows, then publishes the Top 10 here each week. Because the score weighs more than one window, a stock can reach the list on strong recent acceleration even when its full-quarter return is modest. The framework also tracks how many trading sessions each stock has held momentum status, and whether it was first flagged on the FMP Launch Pad — a separate, earlier momentum-derived signal delivered to members before the public list. Momentum leadership of this kind often appears first as relative strength and tight volatility contraction patterns on the chart, well before a theme is widely discussed.
Leading Thematics This Week
Resource exploration is the dominant theme, holding five of the ten leaders: Resource Minerals International and Hammer Metals (copper-gold), Cauldron Energy and AuKing Mining (uranium), and Solstice Minerals (gold). Resource Minerals and Cauldron are among the three longest-serving names on the list at 45+ sessions each. FMP's resource exploration hub will be linked here as it is published.
Clean transport enters through Janus Electric Holdings, the week's strongest weekly mover, which converts diesel trucks to electric drivetrains and reported roughly A$45 million of new Californian fleet orders. FMP's clean transport hub will be linked here as it is published.
Healthcare and medical devices leads the list through OncoSil Medical, whose targeted-radiation device for pancreatic cancer advanced through a US FDA submission and manufacturing validation this month. FMP's healthcare hub will be linked here as it is published.
AI infrastructure is represented by DXN Limited, the modular data-centre operator that still carries the highest quarterly gain on the list at +566.67% while consolidating a large earlier move. FMP's AI infrastructure hub will be linked here as it is published.
Launch Pad Performance This Week
Eight of this week's ten momentum leaders carry an FMP Launch Pad entry — they were flagged on the proprietary Launch Pad before this week's public Top 10 was published. Returns since Launch Pad entry range from +22.73% (AuKing Mining) to +700.00% (DXN Limited), the standout this week; OncoSil Medical is second at +181.90% and Carnegie Clean Energy third at +114.29%. Across the eight leaders with Launch Pad data the average return since entry is +162.62% — lifted heavily by DXN, so the median of +91.22% is more representative — at an average of 31 trading sessions since entry. Resource Minerals International and Solstice Minerals are the two leaders without a current Launch Pad entry. These figures describe historical price gains for the named stocks since they were flagged and are not a guide to future returns.
Recent Company Research
Finer Market Points publishes in-depth research on individual ASX companies that have appeared in the momentum framework.
Pengana Capital Group (ASX: PCG) — how an active investment manager earns fee revenue on third-party funds under management.
INOVIQ (ASX: IIQ) — exosome-technology cancer diagnostics and the episodic pivot behind its momentum run.
Megaport (ASX: MP1) — the network-as-a-service platform building a distributed AI inference cloud.
Resource Minerals International (ASX: RMI) — a multi-jurisdiction copper-gold explorer across Tanzania and Saudi Arabia.
Learn the Momentum Trading Methodology
The momentum leaders on this page are identified using principles drawn from Mark Minervini's SEPA methodology and William O'Neil's market-leadership research, adapted for the ASX. For the underlying framework, see what a VCP pattern is, how relative strength leads momentum, and how clusters of sister companies signal broad capital interest in a theme.
How to Access This Research Before It Publishes
Members receive Thursday's full Top 30 momentum list and Launch Pad data at 2pm — more than 40 hours before this public list updates each Saturday. That early access is where next week's leaders often appear first: the Launch Pad names that may feed future momentum leadership show up in the members' data before they reach the public Top 10. The same membership includes the Momentum Profile, the full proprietary research behind the rankings. Become a YouTube Member to receive the educational momentum data discussed here first each week.
Remember that past performance is no guarantee of future results, and all trading involves risk.
Frequently Asked Questions
What are the FMP ASX Momentum Leaders?
The FMP ASX Momentum Leaders are the ten ASX-listed stocks with the strongest quarterly price momentum, ranked each week by Finer Market Points using a proprietary momentum score. The list identifies the market's current momentum leaders across all sectors and is updated on this page every week.
How often is the ASX Momentum Leaders list updated?
The public list on this page is updated weekly, each Saturday. Finer Market Points members receive the fuller Top 30 momentum list and Launch Pad data on Thursday at 2pm — more than 40 hours before the public list updates.
What are this week's top ASX momentum stocks?
For the week ending 18 July 2026, the top ASX momentum stocks are OncoSil Medical (OSL) at #1 with a +202.04% quarterly gain, Janus Electric Holdings (JNS) at #2 as the strongest weekly mover at +93.10%, and Resource Minerals International (RMI) at #3 with a +440.00% quarterly gain. The full Top 10 also includes Carnegie Clean Energy (CCE), Cauldron Energy (CXU), Hammer Metals (HMX), Solstice Minerals (SLS), Fleetwood (FWD), DXN Limited (DXN) and AuKing Mining (AKN).
What is the FMP Launch Pad and how does it work?
The FMP Launch Pad is a separate momentum-derived ranking — the daily top tier of a different momentum metric — that flags ASX companies for members before they reach the public Top 10. Each stock's sessions since Launch Pad entry and its return since entry show how long ago it was flagged and how its price has moved since.
How does Finer Market Points identify ASX momentum leaders?
Finer Market Points ranks ASX stocks using a proprietary momentum score built on price performance across multiple time windows, then publishes the Top 10 here each week. The framework also tracks how many trading sessions each stock has held momentum status and whether it first appeared on the FMP Launch Pad.
How can traders access the ASX momentum list before it is published?
Traders can access the full Top 30 momentum list and Launch Pad data by becoming a Finer Market Points YouTube member. Members receive Thursday's data at 2pm — more than 40 hours before this public list updates each Saturday — along with the Momentum Profile research behind the rankings.
Sources
# | Source | Type |
1 | FMP Momentum Research, weekly Top 10 momentum dataset, 17 July 2026 | FMP Proprietary Data |
2 | FMP Launch Pad, weekly Launch Pad dataset, 17 July 2026 | FMP Proprietary Data |
3 | Company ASX announcements and investor updates, July 2026 | Company Disclosures |
4 | Finer Market Points, "What is a VCP Pattern?" (educational reference) | FMP Educational Article |
5 | Finer Market Points, "Relative Strength as a Leading Indicator for ASX Momentum Traders" (educational reference) | FMP Educational Article |
Educational Disclaimer: This content is for educational purposes only and does not constitute financial advice. Past performance is no guarantee of future results. Consider your financial situation and seek professional advice before making investment decisions.
Finer Market Points Pty Ltd, CAR 1304002, AFSL 526688, ABN 87 645 284 680. This general information is educational only and not financial advice, recommendation, forecast or solicitation. Consider your objectives, financial situation and needs before acting. Seek appropriate professional advice. We accept no liability for any loss or damages arising from use. Authors and presenters may hold positions in discussed companies and investment products.
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