Stock Tables
Momentum
Australia

ASX Uptrending Stocks

24 Mar 2020
By
Stock prices go through cycles of uptrends, sideways consolidation, and downtrends. Success in the stock market can be significantly enhanced by limiting investments to those stocks that are currently trending upwards.

The below table lists all stocks within the S&P/ASX 100 that are currently within an uptrend, as defined by Rivkin’s proprietary model. This table is updated each morning, based on the closing price from the previous day. In addition to the stock ticker and name, the table lists the stock’s sector, the date and price at which the current uptrend began, the current price, and the percentage change in the share price throughout the price trend. While this table of stocks can be used in isolation, it is best used as a filtering tool to limit investment to those times that a stock of interest is trending upwards.

Latest Update – 24 March 2020

For today, just the one stock, TPG Telecom (TPM) has been removed from the uptrending stocks table. Please refer to the table below for full details.

 

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To determine when an uptrend is over, we track a stock’s current share price concerning a trailing stop loss. Should the share price close below the trailing stop loss, the uptrend is deemed to be over, at which point the stock information will be transferred to the below table. This table will log a historical record of when the trend began and at which price, as well as when the trend finished and at which price.

The ASX Uptrending stocks table is one of a series of informational tables provided for free to give subscribers useful information to inform their trading decisions. Here is a similar table with uptrending US stocks and for a ranking based on fundamental criteria, you could try our ASX Fundamental stocks table.

View Comments (3)

3
Comments

Oliver Gordon

Hello Fred. The reason for a stock exiting the uptrending stocks table is not the same as an exit from the ASX Momentum strategy. For the uptrending stocks table, the trend of the stock is assessed at the individual level, and the ‘uptrend’ is deemed over when the share price closes below a trailing stop loss point, which is typically between 20-25% below a high. So if a stock declines 25% from a high point, the uptrend will be deemed over. With the ASX Momentum strategy however, the inclusion of the stocks is based on their relative performance to all… Read more »

Fred Munecas

Ok thank you that makes sense regards Fred

Fred Munecas

I really don’t understand this table GMG, NST & WOW are in this table which states that the upward trend has ceased yet today they entered the ASX momentum rebalance???

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