TECHNICAL ANALYSIS

ChartWatch ASX Scans: AI-Media Technologies, Ora Banda Mining, Champion Iron, Iluka Resources, Pilbara Minerals, Patriot Battery Metals

Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.

Lead Writer and Presenter
25 October 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: AI-Media Technologies, Ora Banda Mining, Champion Iron, Iluka Resources, Pilbara Minerals, Patriot Battery Metals

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: AI-Media Technologies (AIM), Meeka Metals (MEK), Ora Banda Mining (OBM), Ovanti (OVT), Polymetals Resources (POL), Regis Resources (RRL).
  • Interesting downtrends in today's Scans: Champion Iron (CIA), Cochlear (COH), Iluka (ILU), Jumbo Interactive (JIN), Karoon Energy (KAR), Lovisa (LOV), Megaport (MP1), Pilbara Minerals (PLS), Patriot Battery Metals (PMT), WA1 Resources (WA1).

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 %
AI-Media Technologies
AIM
$0.855
+24.8%
+171.4%
AMA Group
AMA
$0.067
+11.7%
+49.8%
Bendigo and Adelaide Bank
BEN
$12.30
+2.9%
+40.3%
Capitol Health
CAJ
$0.390
+11.4%
+102.6%
Commonwealth Bank of Australia
CBA
$143.43
+6.3%
+46.6%
Duratec
DUR
$1.645
+15.8%
+46.9%
Ioneer
INR
$0.280
+30.2%
+69.7%
Meeka Metals
MEK
$0.083
+50.9%
+112.8%
Vaneck Australian Banks ETF
MVB
$39.29
+3.0%
+39.8%
Ora Banda Mining
OBM
$0.915
+33.6%
+731.8%
Ovanti
OVT
$0.033
+1000.0%
-51.5%
Polymetals Resources
POL
$0.560
+80.6%
+75.0%
Praemium
PPS
$0.660
+20.0%
+21.1%
Regis Resources
RRL
$2.81
+40.9%
+71.3%
Superloop
SLC
$1.990
+16.7%
+231.7%
Tasmea
TEA
$2.75
+34.1%
0%
Vault Minerals
VAU
$0.395
+17.9%
+31.7%
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: AI-Media Technologies (ASX: AIM), Meeka Metals (ASX: MEK), Ora Banda Mining (ASX: OBM), Ovanti (ASX: OVT), Polymetals Resources (ASX: POL), Regis Resources (ASX: RRL).

Charts of each below:

AI-Media Technologies (ASX-AIM) chart 24 October 2024 Meeka Metals (ASX-MEK) chart 24 October 2024 Ora Banda Mining (ASX-OBM) chart 24 October 2024 Ovanti (ASX-OVT) chart 24 October 2024 Polymetals Resources (ASX-POL) chart 24 October 2024 Regis Resources (ASX-RRL) chart 24 October 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Auckland International Airport
AIA
$6.55
-1.5%
-7.1%
Aurizon
AZJ
$3.46
+0.3%
+0.3%
Challenger
CGF
$6.00
-8.0%
+2.0%
Champion Iron
CIA
$5.86
-13.2%
-6.1%
Cooper Energy
COE
$0.180
-2.7%
+63.6%
Cochlear
COH
$280.82
+1.9%
+13.5%
Coronado Global Resources
CRN
$1.045
-4.1%
-35.1%
Capstone Copper Corp.
CSC
$10.50
-7.7%
0%
Dicker Data
DDR
$8.73
-5.9%
-12.3%
Data#3
DTL
$7.25
-4.5%
+2.0%
Endeavour Group
EDV
$4.77
-4.8%
-6.3%
Flight Centre Travel
FLT
$15.86
-27.7%
-10.7%
IDP Education
IEL
$13.51
-14.1%
-35.8%
IGO
IGO
$5.13
-3.9%
-51.5%
Iluka Resources
ILU
$5.82
-11.7%
-14.5%
Immutep
IMM
$0.295
-13.2%
+8.3%
Imugene
IMU
$0.049
0%
+19.5%
Jumbo Interactive
JIN
$12.67
-6.3%
-12.1%
Karoon Energy
KAR
$1.390
-10.3%
-47.8%
Lovisa
LOV
$28.90
-17.4%
+61.3%
Macquarie Technology
MAQ
$76.06
-6.4%
+21.3%
McMillan Shakespeare
MMS
$15.19
+2.8%
+0.8%
Megaport
MP1
$6.97
-1.0%
-40.1%
Metcash
MTS
$3.30
-4.9%
-12.0%
Neuren Pharmaceuticals
NEU
$12.45
-10.0%
+12.9%
Nufarm
NUF
$3.73
-2.6%
-21.0%
Origin Energy
ORG
$9.70
-3.8%
+5.6%
Pilbara Minerals
PLS
$2.63
-10.8%
-26.5%
Patriot Battery Metals
PMT
$0.380
-1.3%
-70.5%
PWR Holdings
PWH
$8.73
-4.3%
-14.1%
Reece
REH
$24.45
-14.8%
+38.7%
Ramsay Health Care
RHC
$41.77
+1.2%
-16.4%
The Star Entertainment
SGR
$0.265
-42.4%
-63.5%
Smartgroup Corporation
SIQ
$7.98
-3.2%
+1.6%
Spark New Zealand
SPK
$2.68
-5.0%
-41.2%
Strike Energy
STX
$0.205
+2.5%
-48.8%
Tabcorp
TAH
$0.460
+8.2%
-45.6%
WA1 Resources
WA1
$12.23
-18.1%
+162.4%
Weebit Nano
WBT
$1.900
+11.4%
-56.1%
WEB Travel Group
WEB
$4.02
-43.7%
-25.5%
Whitehaven Coal
WHC
$6.42
-4.3%
-14.4%
Worley
WOR
$14.19
-3.1%
-16.6%
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: Challenger (ASX: CGF), Champion Iron (ASX: CIA), Cochlear (ASX: COH), Dicker Data (ASX: DDR), Data#3 (ASX: DTL), Flight Centre Travel Group (ASX: FLT), Iluka Resources (ASX: ILU), Jumbo Interactive (ASX: JIN), Karoon Energy (ASX: KAR), Lovisa (ASX: LOV), Macquarie Technology Group (ASX: MAQ), McMillan Shakespeare (ASX: MMS), Megaport (ASX: MP1), Neuren Pharmaceuticals (ASX: NEU), Pilbara Minerals (ASX: PLS), Patriot Battery Metals (ASX: PMT), WA1 Resources (ASX: WA1), WEB Travel Group (ASX: WEB).

Charts of each below:

Challenger (ASX-CGF) chart 24 October 2024 Champion Iron (ASX-CIA) chart 24 October 2024 Cochlear (ASX-COH) chart 24 October 2024 Data-3 (ASX-DTL) chart 24 October 2024 Dicker Data (ASX-DDR) chart 24 October 2024 Flight Centre Travel Group (ASX-FLT) chart 24 October 2024 Iluka Resources (ASX-ILU) chart 24 October 2024 Jumbo Interactive (ASX-JIN) chart 24 October 2024 Karoon Energy (ASX-KAR) chart 24 October 2024 Lovisa (ASX-LOV) chart 24 October 2024 Macquarie Technology Group (ASX-MAQ) chart 24 October 2024 McMillan Shakespeare (ASX-MMS) chart 24 October 2024 Megaport (ASX-MP1) chart 24 October 2024 Neuren Pharmaceuticals (ASX-NEU) chart 24 October 2024 Patriot Battery Metals (ASX-PMT) chart 24 October 2024 Pilbara Minerals (ASX-PLS) chart 24 October 2024 WA1 Resources (ASX-WA1) chart 24 October 2024 WEB Travel Group (ASX-WEB) chart 24 October 2024

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.

ABOUT THE AUTHOR

Lead Writer and Presenter

Carl brings more than 30 years of investing experience and a track record of helping thousands of investors navigate every kind of market. A highly regarded commentator on global macro trends and their impact on Australian and US equities, he is also one of Australia's most recognised educators in technical analysis — having taught his distinctive price-action trend following methodology to two generations of investors.

04/06/2026