ChartWatch ASX Scans: Abacus Storage King, Global X Battery Tech & Lithium ETF, Beach Energy, CSL, Global X Gold ETF, Orica, Rural Funds
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.
Source: Shutterstock
Mentioned
KEY POINTS
- Interesting uptrends in today's Scans: 4DMEDICAL (4DX), Battery Tech & Lithium ETF (ACDC), Beach Energy (BPT), Catalyst Metals (CYL), EBR Systems (EBR), Physical Gold ETF (GOLD), Meeka Metals (MEK), Titomic (TTT), US Masters Residential Property (URF).
- Interesting downtrends in today's Scans: Abacus Storage King (ASK), Coronado (CRN), CSL (CSL), Graincorp (GNC), Healthco Health & Wellness Reit (HCW), Jumbo Interactive (JIN), National Storage Reit (NSR), Orica (ORI), Rural Funds (RFF), Woolworths (WOW).
Welcome to my ChartWatch Daily ASX Scans series. Here I present scan lists based on my trend following technical analysis methodology. My goal is to alert you to the best uptrends and downtrends on the ASX.
Uptrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
4DMEDICAL | 4DX | $0.605 | +31.5% | -5.5% |
Global X Battery Tech & Lithium ETF | ACDC | $91.00 | +5.8% | +8.5% |
Air New Zealand | AIZ | $0.560 | +9.8% | -5.9% |
Austal | ASB | $3.22 | +10.3% | +63.5% |
Beach Energy | BPT | $1.495 | +10.7% | -4.2% |
Capricorn Metals | CMM | $7.17 | +6.7% | +59.7% |
Catalyst Metals | CYL | $3.44 | +29.3% | +364.9% |
Dalrymple Bay Infrastructure/Notes | DBI | $3.59 | +5.6% | +29.6% |
Duratec | DUR | $1.605 | +10.7% | +3.5% |
EBR Systems | EBR | $1.485 | +70.7% | +132.0% |
EQT | EQT | $33.00 | +5.7% | +27.3% |
Fisher & Paykel Healthcare Corporation | FPH | $34.91 | +0.8% | +59.4% |
Generation Development Group | GDG | $4.06 | +5.7% | +139.1% |
Genesis Minerals | GMD | $2.91 | +11.5% | +76.4% |
Genusplus Group | GNP | $2.63 | +3.5% | +97.0% |
Global X Physical Gold ETF | GOLD | $40.32 | +5.2% | +40.9% |
Gold Road Resources | GOR | $2.39 | +14.9% | +40.2% |
Insignia Financial | IFL | $4.43 | +23.7% | +97.8% |
Meeka Metals | MEK | $0.110 | +50.7% | +197.3% |
MFF Capital Investments | MFF | $4.75 | +3.7% | +52.2% |
Paradigm Biopharmaceuticals. | PAR | $0.455 | +28.2% | +8.3% |
Global X Robo Global Robotics & Automation ETF | ROBO | $81.73 | +3.4% | +12.0% |
Transurban Group | TCL | $13.80 | +6.8% | +3.7% |
Titomic | TTT | $0.240 | +33.3% | +380.0% |
Tuas | TUA | $6.25 | +9.3% | +116.3% |
US Masters Residential Property Fund | URF | $0.385 | +8.5% | +37.5% |
Vaneck Bitcoin ETF | VBTC | $33.38 | -0.2% | 0% |
Vection Technologies | VR1 | $0.043 | +48.3% | +59.3% |
Today's Uptrends Scan List
Feature Charts from today's Uptrends List 🔎📈
The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: 4DMEDICAL (ASX: 4DX), Global X Battery Tech & Lithium ETF (ASX: ACDC), Air New Zealand (ASX: AIZ), Beach Energy (ASX: BPT), Capricorn Metals (ASX: CMM), Catalyst Metals (ASX: CYL), EBR Systems (ASX: EBR), Generation Development Group (ASX: GDG), Global X Physical Gold ETF (ASX: GOLD), Gold Road Resources (ASX: GOR), Insignia Financial (ASX: IFL), Meeka Metals (ASX: MEK), MFF Capital Investments (ASX: MFF), Global X Robo Global Robotics & Automation ETF (ASX: ROBO), Transurban Group (ASX: TCL), Titomic (ASX: TTT), US Masters Residential Property Fund (ASX: URF), Vection Technologies (ASX: VR1)..
Charts of each below:
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Abacus Storage King | ASK | $1.120 | -2.6% | +1.8% |
Coronado Global Resources | CRN | $0.750 | -9.1% | -55.1% |
CSL | CSL | $275.06 | -0.6% | -3.4% |
Graincorp | GNC | $7.34 | +0.7% | +1.7% |
Healthco Healthcare and Wellness Reit | HCW | $0.945 | -6.9% | -30.8% |
Jumbo Interactive | JIN | $12.38 | -10.4% | -10.2% |
National Storage Reit | NSR | $2.30 | -2.5% | +3.1% |
Orica | ORI | $16.66 | -4.2% | +4.1% |
Rural Funds Group | RFF | $1.665 | -3.5% | -19.6% |
Woolworths Group | WOW | $29.95 | -2.2% | -15.1% |
Today's Downtrends Scan List
Feature Charts from today's Downtrends List 🔎📉
The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: Abacus Storage King (ASX: ASK), Coronado Global Resources (ASX: CRN), CSL (ASX: CSL), Graincorp (ASX: GNC), Healthco Healthcare and Wellness Reit (ASX: HCW), Jumbo Interactive (ASX: JIN), National Storage Reit (ASX: NSR), Orica (ASX: ORI), Rural Funds Group (ASX: RFF), Woolworths Group (ASX: WOW)..
Charts of each below:
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
%20chart%2017%20January%202025.png)
ChartWatch Primer
For a detailed explanation of Carl's technical analysis methodology, be sure to check out this ChartWatch Primer.
Important considerations when using the ChartWatch Daily ASX Scans:
1. The future is unknown. Anything can happen to change the trends in the lists above. A stock in a perfect uptrend or downtrend may not remain that way by the close of trading today. 2. These lists are not exhaustive, they are curated by Carl. You will find that certain stocks might not appear in a particular list on consecutive days but might reappear when Carl feels it deserves to return to the list. 3. This is not a recommendation service, merely an aid to help you better understand the workings of Carl’s technical analysis model in a practical way. Carl will not alert you to stocks that have dropped off a list because their trend has changed – it is up to you to apply the criteria to determine why a particular stock might not still be included. 4. This is general, educational information only – always do your own research.
