ASX Top 10 Momentum Stocks — Saturday 11 July 2026
- Christopher Hall
- Jul 10
- 8 min read
Written by Christopher Hall, AdvDipFP | Authorised Representative, AFSL 526688 | July 2026
The ASX Top 10 momentum stocks for the week ending Saturday 11 July 2026 are led by Carnegie Clean Energy (CCE), which takes the #1 momentum rank on a +300.00% quarterly gain, and Resource Minerals International (RMI) at #2 with +385.29%. Resource exploration is the dominant theme, holding five of the ten places. Six of the ten names are new to the list this week. The most revealing entry is Proteomics International (PIQ) at #4 — a stock carrying a −13.33% quarterly return, whose place on the list shows how narrow ASX momentum leadership has become.
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 | Carnegie Clean Energy | CCE | +300.00% | +14.29% | 37 | 45+ sessions | +287.10% | Clean energy |
2 | Resource Minerals International | RMI | +385.29% | +17.86% | 45+ | — | — | Copper-gold exploration |
3 | DXN Limited | DXN | +1,212.50% | +10.53% | 26 | 35 sessions | +950.00% | AI infrastructure / data centres |
4 | Proteomics International | PIQ | −13.33% | −2.50% | 1 | 6 sessions | +21.88% | Healthcare / predictive diagnostics |
5 | AnteoTech | ADO | +133.33% | −9.68% | 35 | 45+ sessions | +133.33% | Advanced materials / battery |
6 | Cauldron Energy | CXU | +64.52% | −2.86% | 45+ | 23 sessions | +67.21% | Uranium exploration |
7 | Hammer Metals | HMX | +82.35% | +12.73% | 26 | 38 sessions | +77.14% | Copper-gold exploration |
8 | Megaport | MP1 | +206.71% | +7.24% | 40 | — | — | AI infrastructure / cloud networking |
9 | Brazilian Critical Minerals | BCM | +80.00% | −1.82% | 42 | 41 sessions | +42.11% | Rare earths |
10 | King River Resources | KRR | +59.37% | −12.07% | 16 | 18 sessions | +64.52% | Gold 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. All figures are drawn from Finer Market Points' proprietary momentum research, dated 10 July 2026, for the week published Saturday 11 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. Five distinct themes are represented in this week's Top 10, and resource exploration accounts for half of them.
Resource exploration is the dominant theme, with five of the ten leaders: Resource Minerals International and Hammer Metals, both copper-gold explorers; Cauldron Energy, a Western Australian uranium explorer; Brazilian Critical Minerals, advancing an ionic-clay rare-earth project in Brazil; and King River Resources, a gold explorer in the Murchison. Cauldron and Resource Minerals are the two longest-serving names on the list at 45+ sessions each, and the copper-gold pairing of Resource Minerals and Hammer Metals is a thematic cluster of sister companies — a pattern that accompanies broad capital interest in a commodity. Exploration momentum is generally sustained by drill programs, assay results, resource upgrades and funded balance sheets. FMP's resource exploration hub will be linked here as it is published.
AI infrastructure is represented by DXN Limited and Megaport. DXN manufactures and operates modular data centres and carries the list's highest quarterly gain at +1,212.50% after entering the AI high-performance-computing market; Megaport operates a global network-as-a-service platform and is building a distributed AI inference cloud. Both have held momentum status for more than five weeks. AI-infrastructure momentum is typically sustained by contract wins, capacity announcements and new customer agreements. FMP's AI infrastructure hub will be linked here as it is published.
Clean energy is represented by Carnegie Clean Energy, this week's momentum leader by score. The company develops wave energy technology and operates the Garden Island microgrid in Western Australia, and it has now spent 37 sessions on the momentum list while adding +300.00% for the quarter. Clean-energy momentum is commonly sustained by generation milestones, grid contracts and the broader energy-security narrative. FMP's clean energy hub will be linked here as it is published.
Healthcare and predictive diagnostics enters through Proteomics International, a Perth medical technology company whose PromarkerD blood test predicts diabetic kidney disease. Proteomics was granted a US patent for PromarkerEndo, its endometriosis blood test, on 8 July 2026, with the patent expected to run until March 2041. This is the company's first appearance in the FMP Top 10 and it has held momentum status for a single session. Healthcare momentum is typically driven by trial milestones, patent grants, regulatory decisions and reimbursement pathways. FMP's healthcare hub will be linked here as it is published.
Advanced materials is represented by AnteoTech, which supplies binding technologies to battery manufacturers and life-sciences customers, and whose Ultranode 95 silicon anode was independently validated in commercial cell format in May 2026. AnteoTech carries +133.33% for the quarter across 35 sessions despite a −9.68% week. Advanced-materials momentum is generally sustained by third-party validation, qualification testing and supply agreements. FMP's advanced materials hub will be linked here as it is published.
What a Negative Quarter at #4 Reveals About This Market
Proteomics International ranks fourth on momentum score while carrying a −13.33% quarterly return and a −2.50% week. Supplementary Momentum Profile data for the same stock shows a +53.55% gain over the month and a −78.62% return over twelve months. The monthly window is what carries the score. A stock can therefore reach the ASX Top 10 on one strong month inside an otherwise weak quarter and a heavily negative year.
That is a measurable feature of this week's list rather than a forecast. Four of the ten leaders posted a negative week, six of the ten names are new, and the strongest quarterly performer on the list is a stock consolidating after a June surge. Read together, these figures describe a narrow momentum cohort — which is precisely the case for tracking Momentum Profile data week by week rather than assuming the previous quarter's leaders persist into the next one.
Research by Jegadeesh and Titman, published in the Journal of Finance in 1993, found that momentum strategies generated 12.01% annual excess returns over a 24-year period — establishing momentum as one of the most robust anomalies in financial markets. That research measured broad portfolios of US stocks over long horizons. A single week's Top 10 on the ASX is a far narrower sample drawn from one market, and it carries none of that study's statistical guarantees.
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, a separate momentum-derived ranking, before this week's public Top 10 was published. Returns since Launch Pad entry range from +21.88% (Proteomics International, flagged just 6 sessions ago) to +950.00% (DXN Limited), the standout this week. Carnegie Clean Energy is the second-best Launch Pad performer at +287.10% across 45+ sessions.
Across the eight leaders with Launch Pad data, the average return since entry is +205.41%. That figure is lifted heavily by DXN; the median gain is +72.18%, a more representative result for the group. The average time since Launch Pad entry across these eight stocks is at least 31 sessions — a lower bound, because two of the entries are capped at 45 in the source data. Resource Minerals International and Megaport are the two leaders without a current Launch Pad entry. Members who had access to Thursday's Launch Pad data were positioned at least 31 trading sessions before these names became publicly visible in the Top 10. 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. In a week where six of ten leaders were new to the list, the Launch Pad data is where those changes appear first. 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. The complete weekly list is maintained on the Momentum Leaders research hub.
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 11 July 2026 are Carnegie Clean Energy (CCE) at the #1 momentum rank with a +300.00% quarterly gain, Resource Minerals International (RMI) at #2 with +385.29%, and DXN Limited (DXN) at #3 with the list's highest quarterly gain of +1,212.50%. The full Top 10 also includes Proteomics International (PIQ), AnteoTech (ADO), Cauldron Energy (CXU), Hammer Metals (HMX), Megaport (MP1), Brazilian Critical Minerals (BCM) and King River Resources (KRR).
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.
Why can a stock with a negative quarterly return appear in the Top 10 momentum list?
The FMP momentum score weighs performance across more than one time window, so a strong recent month can carry a stock into the Top 10 even when its quarterly return is negative. Proteomics International (PIQ) ranks #4 this week on a −13.33% quarterly return, supported by a +53.55% monthly gain. When this happens, it indicates that few ASX stocks are holding momentum across the full quarter.
Which themes are leading ASX momentum this week?
Resource exploration is the dominant theme, holding five of the ten places: Resource Minerals International, Hammer Metals, Cauldron Energy, Brazilian Critical Minerals and King River Resources. AI infrastructure follows with two (DXN Limited and Megaport), alongside clean energy (Carnegie Clean Energy), healthcare and predictive diagnostics (Proteomics International), and advanced materials (AnteoTech).
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 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.
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 sessions 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, eight 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, 10 July 2026 | FMP Proprietary Data |
2 | FMP Launch Pad, weekly Launch Pad dataset, 10 July 2026 | FMP Proprietary Data |
3 | FMP Momentum Profile, monthly and twelve-month return series (PIQ), 10 July 2026 | FMP Proprietary Data |
4 | Jegadeesh, N., & Titman, S. (1993). Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency. Journal of Finance, 48(1), 65–91 | Academic (Tier 1) |
5 | Finer Market Points, "What is a VCP Pattern?" (educational reference) | FMP Educational Article |
6 | Finer Market Points, "Relative Strength as a Leading Indicator for ASX Momentum Traders" (educational reference) | FMP Educational Article |
Related Finer Market Points Educational Resources
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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