ASX Top 10 Momentum Stocks — Saturday 17 October 2026
Written by Christopher Hall, AdvDipFP | Authorised Representative, AFSL 526688 | October 2026
Dalaroo Metals (ASX: DAL) leads the FMP Top 10 for the week ending 17 October 2026, ranked #1 with a momentum score of 0.4256 on a +73.61% quarterly gain, ahead of Cettire (ASX: CTT) at #2 on a +94.59% quarterly gain and a +20.00% weekly gain. Health care is the leading theme, represented by three of the ten names (Micro-X, Resonance Health and AVITA Medical), followed by gold exploration, copper and consumer retail with two each. The list shows heavy rotation: four of the ten companies — Avenira, Resonance Health, Prospect Resources and The Koala Company — are appearing in the published FMP Top 10 for the first time, Global Lithium Resources returns, and five names from last week's list have dropped out.
Which ASX Stocks Led the Momentum List for the Week Ending 17 October 2026?
Dalaroo Metals Ltd (ASX: DAL) ranked #1 on the Finer Market Points ASX Top 10 momentum list for the week ending 17 October 2026, with a quarterly gain of +73.61%, a weekly gain of 0.00% and 6 sessions on the Top 30. The table below sets out all ten names.
Rank | Company | ASX Code | Quarterly Gain | Weekly Gain | Days on List | Launch Pad Entry | Gain Since Launch Pad | Thematic |
1 | Dalaroo Metals | DAL | +73.61% | 0.00% | 6 | 29 | +66.67% | Gold Exploration / Rare Earths |
2 | Cettire | CTT | +94.59% | +20.00% | 45+ | 12 | +53.19% | Online Fashion Retail |
3 | Micro-X | MX1 | +78.79% | +9.26% | 17 | 19 | +136.00% | Medical Imaging |
4 | Avenira | AEV | +42.86% | +66.67% | 22 | 37 | +42.86% | Phosphate |
5 | Resonance Health | RHT | +68.75% | +1.25% | 13 | 40 | +35.00% | Medical Imaging Software |
6 | Mamba Exploration | M24 | +188.89% | −1.89% | 19 | 42 | +188.89% | Gold Exploration / Copper |
7 | AVITA Medical | AVH | +163.83% | −0.80% | 45+ | — | — | Medical Devices |
8 | Global Lithium Resources | GL1 | +114.29% | −3.47% | 45+ | 17 | −4.41% | Lithium |
9 | Prospect Resources | PSC | +7.41% | +4.50% | 5 | 26 | +26.09% | Copper |
10 | The Koala Company | KOA | +65.70% | +3.02% | 34 | 42 | +52.38% | Home Furnishings Retail |
Mamba Exploration (ASX: M24) holds the largest quarterly gain on the list at +188.89%, down from +216.67% on the 10 October list, and moved from #2 to #6 on a −1.89% weekly move.
Which Themes Are Driving ASX Momentum This Week?
Four themes place more than one company in the Top 10 this week: health care (three names), and gold exploration, copper and consumer retail (two each). Lithium and phosphate each place one.
Which health care stocks lead the list?
Health care is the most widely held theme on the list, carried by Micro-X (ASX: MX1, #3), Resonance Health (ASX: RHT, #5) and AVITA Medical (ASX: AVH, #7) — an average list rank of 5.0 across three distinct companies. The three sit in different corners of the sector: Micro-X in portable X-ray imaging, Resonance Health in MRI-based liver analysis software (its FY26 revenue rose 42% to $15.8 million, reported on 28 August 2026), and AVITA Medical in the RECELL spray-on skin device. For more on the third, see AVITA Medical's RECELL momentum story.
Which gold exploration stocks are on the list?
Gold exploration places two names: Dalaroo Metals (ASX: DAL, #1) at the Bondoukou Gold Ridge Project in Côte d'Ivoire, and Mamba Exploration (ASX: M24, #6) at its Meeka East Gold Project near Meekatharra in Western Australia. Dalaroo also holds the Blue Lagoon Critical Minerals Project in southern Greenland, which adds rare earths exposure. For a wider view of this theme, see ASX gold exploration momentum stocks.
Which copper stocks are on the list?
Copper places two names: Mamba Exploration (ASX: M24, #6), through its Copper Hills sediment-hosted copper prospect, and Prospect Resources (ASX: PSC, #9), through the Mumbezhi Copper Project in Zambia. Prospect Resources is the only name on the list with a quarterly gain under 40% (+7.41%), so its place rests on the momentum score rather than a large quarterly move.
Which consumer retail stocks are on the list?
Consumer retail places two names: Cettire (ASX: CTT, #2), a luxury online fashion retailer, and The Koala Company (ASX: KOA, #10), a home-furnishings brand listed on the ASX on 31 March 2026. Cettire's +20.00% weekly gain is the second-largest on the list; Koala reported FY26 revenue of $332.3 million on 26 August 2026.
Which other themes place a single name?
Global Lithium Resources (ASX: GL1, #8) returns to the Top 10 as the only lithium name, with a +114.29% quarterly gain and a −3.47% weekly move, after lithium placed BOA Resources and itself on earlier lists. Avenira (ASX: AEV, #4) is the only phosphate name and carries the largest weekly gain on the list, +66.67%, on a very low share price; the company announced a three-for-two renounceable rights issue at 0.6 cents per share on 17 August 2026.
What Does This Week's Data Reveal About ASX Momentum Conditions?
This week's list splits evenly between resource explorers and developers and non-resource names. Five of the ten companies — Dalaroo Metals, Avenira, Mamba Exploration, Global Lithium Resources and Prospect Resources — are in resources, and five — Cettire, Micro-X, Resonance Health, AVITA Medical and The Koala Company — are not.
Measure | Reading, week ending 17 October 2026 |
First-time entrants to the published Top 10 | 4 (AEV, RHT, PSC, KOA) |
Returning from earlier weeks | 1 (GL1, previously 26 September and 3 October) |
Repeat from the 10 October list | 5 (DAL, CTT, MX1, M24, AVH) |
Dropped from the 10 October list | 5 (AMD, BOA, IXR, REC, CDA) |
Names with a negative weekly move | 3 (M24 −1.89%, AVH −0.80%, GL1 −3.47%) |
Largest weekly gain | Avenira +66.67% |
The widest contrast on the list sits between Mamba Exploration, ranked #6 on a +188.89% quarterly gain despite a −1.89% weekly move, and Avenira, ranked #4 on a +42.86% quarterly gain with the strongest weekly move at +66.67%. The first reflects a large quarterly base; the second reflects a fresh weekly jump from a low price. Momentum patterns of this kind are consistent with the base-building setups described in the VCP identification checklist, though confirming a VCP formation on any individual name requires reviewing its own price chart, which sits outside the scope of this list-level weekly update.
How Did the FMP Launch Pad Perform This Week?
Nine of this week's ten FMP Top 10 companies carry a populated FMP Launch Pad entry — only AVITA Medical (ASX: AVH) shows no Launch Pad data this week. Mamba Exploration (ASX: M24) is the best performer since Launch Pad entry, up +188.89% over 42 sessions, followed by Micro-X (ASX: MX1) at +136.00% over 19 sessions. Across the nine companies, the average gain since Launch Pad entry is +66.30% and the average lead time is about 29 sessions, meaning, on average, Members who saw a name on the Launch Pad were positioned roughly 29 trading sessions before it reached this week's publicly visible Top 10. Global Lithium Resources (ASX: GL1) is the only name below its Launch Pad entry level, at −4.41%.
What Did Members Receive Before This Article Published?
Finer Market Points Members received Thursday's full Top 30 momentum list and Launch Pad data at 2pm — more than 40 hours before this public article. That early access lets Members see which stocks are building momentum before they break into the public Top 10, including first-time entrants such as Resonance Health, Avenira and Prospect Resources.
Members seeking the full proprietary research behind this list can also access the Momentum Profile. For the always-current leaderboard between weekly updates, see the weekly Top 10 ASX momentum stocks.
Who Writes the FMP Momentum Research?
Christopher Hall, AdvDipFP, Authorised Representative (AFSL 526688), writes and publishes this weekly ASX momentum research for Finer Market Points. Christopher Hall's analysis draws on Finer Market Points' continuously maintained momentum record — described in full under Sources below — and his background applying Mark Minervini's momentum methodology to the Australian market.
What are the top ASX momentum stocks this week?
Dalaroo Metals (ASX: DAL) ranked #1 on the Finer Market Points ASX Top 10 momentum list for the week ending 17 October 2026, with a +73.61% quarterly gain, followed by Cettire (ASX: CTT) at #2 on a +94.59% quarterly gain and a +20.00% weekly gain.
What is a quarterly momentum stock?
A quarterly momentum stock is a company whose share price has shown a sustained percentage gain over the trailing quarter (roughly 90 trading sessions), reflecting persistent buying interest rather than a single-day spike.
How does FMP identify ASX momentum leaders?
Finer Market Points ranks every ASX-listed company each week on a proprietary momentum score combining quarterly and weekly price performance, then publishes the top 10 scorers as the FMP Top 10.
What is the Launch Pad list and how does it work?
The FMP Launch Pad is a separate daily top-30 ranking on a distinct momentum-derived metric, tracked independently of the weekly Top 10 — a company's appearance on the Launch Pad often precedes its appearance in the public Top 10, as this week's data shows for nine of the ten listed companies.
How can I get the momentum list before the market opens?
Finer Market Points Members receive the full Top 30 momentum list and Launch Pad data every Thursday at 2pm, more than 40 hours before this public Saturday article, via YouTube Membership.
Which ASX health care stocks are on this week's momentum list?
Micro-X (ASX: MX1, #3), Resonance Health (ASX: RHT, #5) and AVITA Medical (ASX: AVH, #7) are the three health care names on this week's FMP Top 10 for the week ending 17 October 2026.
Which ASX gold exploration stocks are on this week's momentum list?
Dalaroo Metals (ASX: DAL, #1) and Mamba Exploration (ASX: M24, #6) are the two gold exploration names on this week's FMP Top 10 for the week ending 17 October 2026.
Which ASX copper stocks are on this week's momentum list?
Mamba Exploration (ASX: M24, #6) and Prospect Resources (ASX: PSC, #9) carry copper exposure on this week's FMP Top 10 for the week ending 17 October 2026.
What Sources Support This Week's Momentum Data?
# | Source | Type |
1 | Christopher Hall, FMP. FMP Momentum Profile data, 15 October 2026. | FMP proprietary data |
2 | Dalaroo Metals Ltd. ASX announcements, April–September 2026. | External Research |
3 | Cettire Limited. ASX announcements, 26 February–4 August 2026. | External Research |
4 | Micro-X Limited. FY26 Appendix 4E and Annual Report, 28 August 2026. | External Research |
5 | Avenira Limited. Rights issue announcement and investor presentation, 17 August 2026. | External Research |
6 | Resonance Health Limited. FY26 results announcement, 28 August 2026. | External Research |
7 | Mamba Exploration Limited. ASX announcements, March–July 2026; Kalkine coverage. | External Research |
8 | AVITA Medical, Inc. Second Quarter 2026 Financial and Business Update, 6 August 2026. | External Research |
9 | Global Lithium Resources Limited. ASX announcements, August 2026. | External Research |
10 | Prospect Resources Limited. Quarterly activities report, 29 July 2026. | External Research |
11 | The Koala Company Limited. FY26 results announcement, 26 August 2026. | External Research |
Related FMP Educational Resources
Mark Minervini's VCP Criteria: The Complete 7-Point Checklist — Christopher Hall
FMP's ASX gold explorer coverage — Christopher Hall
Christopher Hall's reading of this week's rotation across resource and non-resource momentum names is drawn from Finer Market Points' own continuously maintained momentum record: weekly readings of every ASX-listed company since 2020, ranked on the same proprietary momentum score each week and written to a time-series register, now recomputed every day for Members. That standing record is the research Finer Market Points is built on, not an impression formed after the fact. It is general educational commentary and not a recommendation to trade any security.
Data note. This week's dataset was captured on Thursday 15 October 2026 before the market closed. The prices behind every percentage in this article are therefore intraday, not closing prices, and they will differ from Thursday's close and from Friday's close. The ranking, the thematic composition and the day counters are unaffected by that timing; the individual percentages should be read as accurate to the moment of capture rather than to any settled session.
This content is for educational purposes only and does not constitute financial advice. Past performance is no guarantee of future results.
The information, opinions and other materials appearing on this website are of a general nature only and shall not be construed as advice. 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. This is not taxation advice. Rose Bay Equities accepts no responsibility for the accuracy or completeness of the information, opinions or other materials provided on or accessible through this website. This website has not been prepared with reference to your individual financial or personal circumstances. You should not rely on any advice on this website without first seeking appropriate professional, financial and legal advice. Further, where Rose Bay Equities makes third party material available or accessible through this website you acknowledge that Rose Bay Equities is a distributor and not a publisher of that content and that its editorial control is limited to the selection of those materials to make available. 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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