TECHNICAL ANALYSIS

ChartWatch ASX Scans: Altech Batteries, Brightstar Resources, HMC Capital, Iperionx, Nanoveu, A2 Milk, BHP, Endeavour, Fortescue, Iluka

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

Lead Writer and Presenter
12 November 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Altech Batteries, Brightstar Resources, HMC Capital, Iperionx, Nanoveu, A2 Milk, BHP, Endeavour, Fortescue, Iluka

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Altech Batteries (ATC), Brightstar Resources (BTR), Crypto Innovators ETF (CRYP), HMC (HMC), Hub24 (HUB), Iperionx (IPX), National Aus. Bank (NAB), Nanoveu (NVU), SRG Global (SRG), XRF Scientific (XRF), Xero (XRO).
  • Interesting downtrends in today's Scans: A2 Milk (A2M), BHP (BHP), Boss Energy (BOE), Coronado (CRN), Droneshield (DRO), Deterra (DRR), Endeavour (EDV), Fortescue (FMG), Iluka (ILU), Monadelphous (MND), Patriot Battery Metals (PMT), 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 %
AI-Media Technologies
AIM
$0.885
+11.3%
+210.5%
Aml3d
AL3
$0.220
+22.2%
+198.9%
Aristocrat Leisure
ALL
$65.61
+12.1%
+63.0%
Altech Batteries
ATC
$0.079
+97.5%
+8.5%
BetaShares S&P/ASX Australian Technology ETF
ATEC
$29.35
+6.0%
+52.2%
Brainchip
BRN
$0.295
-4.8%
+63.9%
Brightstar Resources
BTR
$0.027
+54.3%
+145.5%
Brambles
BXB
$19.39
+1.1%
+43.4%
Capitol Health
CAJ
$0.390
+2.6%
+100.0%
Car Group
CAR
$39.92
+5.7%
+38.9%
Credit Corp Group
CCP
$18.42
+8.0%
+45.8%
BetaShares Crypto Innovators ETF
CRYP
$7.33
+53.7%
+141.1%
Dimensional Global Core EQ AUD HGD ETF
DFND
$24.51
+15.3%
0%
Dropsuite
DSE
$4.07
+13.1%
+69.6%
BetaShares Geared US Equity Fund Currency Hedged ETF
GGUS
$46.44
+8.1%
+85.8%
BetaShares Global Cybersecurity ETF
HACK
$13.20
+5.4%
+35.2%
HMC Capital
HMC
$10.80
+23.1%
+133.3%
Hub24
HUB
$72.14
+13.1%
+115.7%
iShares S&P MID-Cap ETF
IJH
$50.37
+9.3%
+32.8%
iShares S&P Small-Cap ETF
IJR
$190.60
+12.1%
+32.3%
Iperionx
IPX
$4.15
+20.3%
+209.7%
Munro Global Growth Fund ETF
MAET
$6.67
+5.4%
+39.2%
Macquarie Technology Group
MAQ
$90.15
+6.1%
+40.5%
Vaneck Australian Banks ETF
MVB
$39.89
+5.5%
+39.2%
National Australia Bank
NAB
$39.99
+7.3%
+37.1%
Nanoveu
NVU
$0.065
+242.1%
+400.0%
Netwealth Group
NWL
$29.87
+8.6%
+121.8%
News Corporation
NWS
$49.32
+20.0%
+42.5%
Pinnacle Investment Management Group
PNI
$21.51
+13.0%
+155.5%
Qantas Airways
QAN
$8.53
+19.0%
+60.3%
QBE Insurance Group
QBE
$18.49
+11.3%
+20.0%
REA Group
REA
$239.14
+9.7%
+50.2%
Regal Asian Investments
RG8
$2.30
+8.0%
+21.1%
Silex Systems
SLX
$5.73
+28.5%
+67.1%
SRG Global
SRG
$1.200
+3.0%
+90.5%
Technology One
TNE
$26.22
+6.0%
+68.7%
Tryptamine Therapeutics
TYP
$0.045
+125.0%
-21.7%
Vaneck Bitcoin ETF
VBTC
$25.25
+37.9%
0%
Vulcan Energy Resources
VUL
$5.19
+17.7%
+109.3%
WCM Quality Global Growth Fund ETF
WCMQ
$10.18
+11.0%
+39.1%
XRF Scientific
XRF
$1.765
+1.1%
+76.5%
Xero
XRO
$159.62
+6.6%
+39.1%
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: Aristocrat Leisure (ASX: ALL), Altech Batteries (ASX: ATC), BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC), Brightstar Resources (ASX: BTR), BetaShares Crypto Innovators ETF (ASX: CRYP), HMC Capital (ASX: HMC), Hub24 (ASX: HUB), Iperionx (ASX: IPX), Munro Global Growth Fund ETF (ASX: MAET), National Australia Bank (ASX: NAB), Nanoveu (ASX: NVU), Pinnacle Investment Management Group (ASX: PNI), SRG Global (ASX: SRG), Technology One (ASX: TNE), WCM Quality Global Growth Fund ETF (ASX: WCMQ), XRF Scientific (ASX: XRF), Xero (ASX: XRO).

Charts of each below:

Altech Batteries (ASX-ATC) chart 11 November 2024 Aristocrat Leisure (ASX-ALL) chart 11 November 2024 BetaShares Crypto Innovators ETF (ASX-CRYP) chart 11 November 2024 BetaShares S&PASX Australian Technology ETF (ASX-ATEC) chart 11 November 2024 Brightstar Resources (ASX-BTR) chart 11 November 2024 HMC Capital (ASX-HMC) chart 11 November 2024 Hub24 (ASX-HUB) chart 11 November 2024 Iperionx (ASX-IPX) chart 11 November 2024 Munro Global Growth Fund ETF (ASX-MAET) chart 11 November 2024 Nanoveu (ASX-NVU) chart 11 November 2024 National Australia Bank (ASX-NAB) chart 11 November 2024 Pinnacle Investment Management Group (ASX-PNI) chart 11 November 2024 SRG Global (ASX-SRG) chart 11 November 2024 Technology One (ASX-TNE) chart 11 November 2024 WCM Quality Global Growth Fund ETF (ASX-WCMQ) chart 11 November 2024 Xero (ASX-XRO) chart 11 November 2024 XRF Scientific (ASX-XRF) chart 11 November 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
The A2 Milk Company
A2M
$4.92
-23.7%
+24.9%
AGL Energy
AGL
$10.55
-10.1%
-0.5%
APA Group
APA
$6.67
-12.8%
-20.4%
BHP Group
BHP
$41.63
-4.1%
-6.9%
Boss Energy
BOE
$3.12
-8.8%
-27.8%
Challenger
CGF
$6.16
-8.3%
+5.3%
Centuria Industrial Reit
CIP
$3.01
-5.6%
+1.0%
Centuria Office Reit
COF
$1.180
-7.1%
-2.9%
Coronado Global Resources
CRN
$0.980
-14.8%
-41.0%
Droneshield
DRO
$0.815
-32.9%
+186.0%
Deterra Royalties
DRR
$3.56
-7.3%
-24.6%
Dexus Industria Reit.
DXI
$2.61
-5.1%
+2.4%
Endeavour Group
EDV
$4.50
-8.7%
-8.7%
Fortescue
FMG
$18.12
-6.9%
-21.6%
Infomedia
IFM
$1.295
-16.2%
-16.5%
Iluka Resources
ILU
$5.37
-18.1%
-25.8%
IPH
IPH
$5.35
-5.5%
-22.5%
Karoon Energy
KAR
$1.375
-12.4%
-42.1%
Lotus Resources
LOT
$0.240
-12.7%
+9.1%
Lovisa
LOV
$29.99
-15.5%
+51.6%
Mineral Resources
MIN
$36.95
-27.5%
-37.6%
Monadelphous Group
MND
$12.44
-3.9%
-13.8%
Metcash
MTS
$3.04
-13.6%
-18.7%
Monash IVF Group
MVF
$1.160
-4.1%
-12.1%
Nick Scali
NCK
$14.01
-13.0%
+22.4%
Nufarm
NUF
$3.77
0%
-15.5%
Patriot Battery Metals
PMT
$0.340
-23.6%
-70.6%
Ramsay Health Care
RHC
$38.43
-9.9%
-27.9%
Spark New Zealand
SPK
$2.69
-3.2%
-42.3%
Super Retail Group
SUL
$14.50
-19.8%
+11.3%
Treasury Wine Estates
TWE
$11.01
-9.1%
-4.0%
Viva Energy Group
VEA
$2.56
-13.5%
-11.4%
Woolworths Group
WOW
$29.51
-10.7%
-15.8%
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: The A2 Milk Company (ASX: A2M), APA Group (ASX: APA), BHP Group (ASX: BHP), Boss Energy (ASX: BOE), Coronado Global Resources (ASX: CRN), Droneshield (ASX: DRO), Deterra Royalties (ASX: DRR), Endeavour Group (ASX: EDV), Fortescue (ASX: FMG), Infomedia (ASX: IFM), Iluka Resources (ASX: ILU), Monadelphous Group (ASX: MND), Metcash (ASX: MTS), Monash IVF Group (ASX: MVF), Patriot Battery Metals (ASX: PMT), Treasury Wine Estates (ASX: TWE), Viva Energy Group (ASX: VEA), Woolworths Group (ASX: WOW).

Charts of each below:

APA Group (ASX-APA) chart 11 November 2024 BHP Group (ASX-BHP) chart 11 November 2024 Boss Energy (ASX-BOE) chart 11 November 2024 Coronado Global Resources (ASX-CRN) chart 11 November 2024 Deterra Royalties (ASX-DRR) chart 11 November 2024 Droneshield (ASX-DRO) chart 11 November 2024 Endeavour Group (ASX-EDV) chart 11 November 2024 Fortescue (ASX-FMG) chart 11 November 2024 Iluka Resources (ASX-ILU) chart 11 November 2024 Infomedia (ASX-IFM) chart 11 November 2024 Metcash (ASX-MTS) chart 11 November 2024 Monadelphous Group (ASX-MND) chart 11 November 2024 Monash IVF Group (ASX-MVF) chart 11 November 2024 Patriot Battery Metals (ASX-PMT) chart 11 November 2024 The A2 Milk Company (ASX-A2M) chart 11 November 2024 Treasury Wine Estates (ASX-TWE) chart 11 November 2024 Viva Energy Group (ASX-VEA) chart 11 November 2024 Woolworths Group (ASX-WOW) chart 11 November 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