Evening Wrap: ASX 200 slides on broad-based falls, finishes at week's low as Santa rally fades
Fri 06 Dec 24, 5:45pm (AEDT)
Home
/
News
Technical Analysis
/ChartWatch ASX Scans: Altech Batteries, Brightstar Resources, HMC Capital, Iperionx, Nanoveu, A2 Milk, BHP, Endeavour, Fortescue, Iluka
News
Technical Analysis
/ChartWatch ASX Scans: Altech Batteries, Brightstar Resources, HMC Capital, Iperionx, Nanoveu, A2 Milk, BHP, Endeavour, Fortescue, Iluka
Technical Analysis
ChartWatch ASX Scans: Altech Batteries, Brightstar Resources, HMC Capital, Iperionx, Nanoveu, A2 Milk, BHP, Endeavour, Fortescue, Iluka
Tue 12 Nov 24, 9:00am (AEDT)
Source: Shutterstock
Stocks in article
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:
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:
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.
Carl has over 30-years investing experience, helping investors navigate several bull and bear markets over this time. He is a well respected markets commentator who specialises in how the global macro impacts Australian and US equities. Carl has a passion for technical analysis and has taught his unique brand of price-action trend following to thousands of Aussie investors.
Get the latest news and insights direct to your inbox
Latest Articles
Evening Wrap: ASX 200 slides on broad-based falls, finishes at week's low as Santa rally fades
Carl Capolingua · Fri 06 Dec 24, 5:45pm (AEDT)
Big brokers warn of “generational” overvaluations in ANZ, Commonwealth Bank, NAB and Westpac
Carl Capolingua · Fri 06 Dec 24, 1:16pm (AEDT)