ASX Top 10 Momentum Stocks — Saturday 4 July 2026

Written by Christopher Hall, AdvDipFP | Authorised Representative, AFSL 526688 | July 2026

The ASX Top 10 momentum stocks for the week ending Saturday 4 July 2026 show a sharp rotation into critical minerals and rare earths. DXN Limited (DXN) holds the #1 momentum rank on a +1,318.75% quarterly gain, and Resource Minerals International (RMI) climbs to #2 with +367.74% for the quarter. Three new entrants — Brazilian Critical Minerals (BCM), Osmond Resources (OSM) and Iondrive (ION) — bring a critical-minerals and rare-earths theme to the front of the list, while a healthcare pair, Avecho Biotechnology (AVE) and Echo IQ (EIQ), joins on clinical and regulatory catalysts. Seven of the ten names are new this week — a high-rotation list sitting beneath a stable top three.

This Week's Top 10 ASX Momentum Stocks

Rank	Company	ASX Code	Quarterly Gain	Weekly Gain	Days on List	Launch Pad Entry	Gain Since Launch Pad	Thematic
1	DXN Limited	DXN	+1,318.75%	−5.42%	21	45 days	+845.83%	AI infrastructure / data centres
2	Resource Minerals International	RMI	+367.74%	+7.41%	45	—	—	Copper-gold exploration
3	Avecho Biotechnology	AVE	+175.00%	+22.22%	45	18 days	+69.23%	Biotech / drug delivery
4	Carnegie Clean Energy	CCE	+241.67%	+64.00%	32	44 days	+247.46%	Clean energy
5	Iondrive	ION	+59.09%	+45.83%	11	43 days	+29.63%	Battery recycling / critical minerals
6	Jade Gas Holdings	JGH	+229.41%	+12.00%	45	—	—	Natural gas
7	Solstice Minerals	SLS	+110.68%	+7.43%	45	—	—	Gold exploration
8	Echo IQ	EIQ	+85.70%	+4.53%	37	6 days	+2.59%	Medical AI / cardiac diagnostics
9	Brazilian Critical Minerals	BCM	+93.33%	+23.40%	37	36 days	+52.63%	Rare earths
10	Osmond Resources	OSM	+45.63%	+4.17%	6	24 days	+36.36%	Critical minerals / mineral sands

Launch Pad cells use an em dash where a company has no current Launch Pad entry. All figures are drawn from Finer Market Points' proprietary momentum research, dated 3 July 2026, for the week published Saturday 4 July 2026.

Leading Thematics This Week

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. Six distinct themes are represented in this week's Top 10, and the clearest shift is a rotation into critical minerals.

Critical minerals and rare earths is the most-represented theme this week, with three of the ten leaders: Brazilian Critical Minerals (rare earths in Brazil), Osmond Resources (rutile, zircon and rare-earth mineral sands in Spain) and Iondrive (critical-metal recovery from battery recycling). All three are new entrants this week — three names from a related theme arriving together is a thematic cluster of sister companies, a pattern that tends to accompany broad capital interest in a sector. Critical-minerals momentum is typically sustained by feasibility-study results, regulatory approvals and offtake or funding milestones — Brazilian Critical Minerals, for example, released a Bankable Feasibility Study on its Ema rare-earth project in June.

Resource-sector exploration is represented by Resource Minerals International, a multi-jurisdiction copper explorer with drill-stage projects in Tanzania and Saudi Arabia, and Solstice Minerals, a Western Australian resources explorer advancing its Yarri project. Exploration momentum of this kind is generally sustained by drill programs, assay results and funded balance sheets.

Healthcare appears as a pair of clinical and regulatory-catalyst stories: Avecho Biotechnology, whose lead cannabidiol product returned a positive Phase III interim analysis in late June, and Echo IQ, an artificial-intelligence cardiac-diagnostics company advancing US commercialisation and a pending FDA decision. Healthcare and biotechnology momentum is typically driven by trial milestones, regulatory decisions and commercialisation or partnership progress.

Energy is represented by Jade Gas Holdings, a Mongolia-focused gas developer carrying +229.41% for the quarter across 45 days of momentum status, and Carnegie Clean Energy, a wave-energy and microgrid operator that was the week's second-strongest weekly mover at +64.00%. Energy-developer momentum is commonly sustained by regulatory milestones and the broader energy-security narrative.

AI infrastructure is represented by DXN Limited, the momentum leader by score, which manufactures and operates modular data centres and has entered the AI high-performance-computing market. DXN carries the list's highest quarterly gain at +1,318.75% and posted a −5.42% consolidating week after its June surge. AI-infrastructure momentum is typically sustained by contract wins, capacity announcements and new customer agreements.

Launch Pad Performance This Week

Seven of this week's ten momentum leaders carry an FMP Launch Pad entry — they were flagged on the proprietary Launch Pad, a separate momentum-derived ranking, before this week's public Top 10 was published. Returns since Launch Pad entry range from +2.59% (Echo IQ, flagged just 6 days ago) to +845.83% (DXN Limited), the standout this week. Carnegie Clean Energy is the second-best Launch Pad performer at +247.46% across 44 days.

Across the seven leaders with Launch Pad data, the average return since entry is approximately +183%, though that figure is lifted heavily by DXN; the median gain sits closer to +53%, a more representative figure for the group. The average time since Launch Pad entry across these seven stocks is about 31 days. Resource Minerals International, Jade Gas Holdings and Solstice Minerals are the three leaders without a current Launch Pad entry. These figures describe historical price gains for the named stocks since they were flagged on the Launch Pad and are not a guide to future returns.

What Members Received First

Members received Thursday's full Top 30 momentum list and Launch Pad data at 2pm — more than 40 hours before this public article. That gives members early access to the educational momentum data discussed in this article, including the Launch Pad names that may feed future momentum leadership. The same membership includes the Momentum Profile, the full proprietary research behind the weekly rankings. Become a YouTube Member to receive the educational momentum data discussed in this article first each week.

Remember that past performance is no guarantee of future results, and all trading involves risk.

Frequently Asked Questions

What are the top ASX momentum stocks this week?

The top ASX momentum stocks for the week ending 4 July 2026 are DXN Limited (DXN) at the #1 momentum rank with a +1,318.75% quarterly gain, Resource Minerals International (RMI) at #2, and Avecho Biotechnology (AVE) at #3. The full Top 10 also includes Carnegie Clean Energy (CCE), Iondrive (ION), Jade Gas Holdings (JGH), Solstice Minerals (SLS), Echo IQ (EIQ), Brazilian Critical Minerals (BCM) and Osmond Resources (OSM).

What is a quarterly momentum stock?

A quarterly momentum stock is a share ranked by its price performance over the most recent quarter — roughly 90 days. Finer Market Points ranks ASX stocks by quarterly price gain to identify the market's strongest momentum leaders, then updates the list each week.

Which themes are leading ASX momentum this week?

Critical minerals and rare earths is the most-represented theme this week, with three new entrants — Brazilian Critical Minerals, Osmond Resources and Iondrive. The list also features resource-sector exploration (Resource Minerals International and Solstice Minerals), healthcare (Avecho Biotechnology and Echo IQ), energy (Jade Gas Holdings and Carnegie Clean Energy), and AI infrastructure (DXN Limited).

How does Finer Market Points identify ASX momentum leaders?

Finer Market Points ranks ASX stocks using a proprietary momentum score built on quarterly price performance, then publishes the Top 10 each week. The framework also tracks how many days each stock has held momentum status and whether it first appeared on the FMP Launch Pad.

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. Each stock's days since Launch Pad entry and return since Launch Pad entry show how long ago it was flagged and how its price has moved since. This week, seven of the ten momentum leaders carry a Launch Pad entry.

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 the public Saturday article — along with the Momentum Profile research behind the rankings.

Sources

#	Source	Type
1	FMP Momentum Research, weekly Top 10 momentum dataset, 3 July 2026	FMP Proprietary Data
2	FMP Launch Pad, weekly Launch Pad dataset, 3 July 2026	FMP Proprietary Data
3	Finer Market Points, "What is a VCP Pattern?" (educational reference)	FMP Educational Article
4	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.