TECHNICAL ANALYSIS

ChartWatch ASX Scans: Alto Metals, Avita Medical, Canyon Resources, HMC Capital, Iperionx, XRF Scientific, Endeavour, Champion Iron

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

Lead Writer and Presenter
26 November 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Alto Metals, Avita Medical, Canyon Resources, HMC Capital, Iperionx, XRF Scientific, Endeavour, Champion Iron

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Alto Metals (AME), Avita Medical (AVH), Betmakers (BET), Canyon Resources (CAY), CommBank (CBA), HMC (HMC), Iperionx (IPX), Mesoblast (MSB), Novonix (NVX), Petratherm (PTR), Sigma Health (SIG), XRF Scientific (XRF).
  • Interesting downtrends in today's Scans: Bapcor (BAP), Champion Iron (CIA), Endeavour (EDV), Elders (ELD), Graincorp (GNC), IDPEducation (IEL), Iluka (ILU), IPH, Kelsian (KLS), MinRes (MIN), Pilbara Minerals (PLS), Patriot Battery (PMT), Viva Energy (VEA).

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 %
Alto Metals
AME
$0.092
+26.0%
+109.1%
ASX
ASX
$69.15
+2.5%
+21.1%
BetaShares Aus. Tech ETF
ATEC
$30.25
+12.0%
+59.2%
Avita Medical
AVH
$4.20
+37.3%
+34.6%
Black Cat Syndicate
BC8
$0.655
+4.0%
+133.9%
Betmakers Technology Group
BET
$0.135
+53.4%
+58.8%
Bravura Solutions
BVS
$1.530
+3.4%
+101.3%
Canyon Resources
CAY
$0.205
+28.1%
+188.7%
Commonwealth Bank
CBA
$160.14
+11.2%
+54.3%
Computershare
CPU
$32.11
+22.4%
+38.0%
Ebos Group
EBO
$34.58
+1.9%
+4.4%
BetaShares Sustainability ETF
ETHI
$15.90
+4.7%
+25.6%
Generation Development Group
GDG
$3.90
+13.0%
+158.5%
Barrow Hanley Global Shares ETF
GLOB
$4.72
+2.4%
+9.8%
Global X Artificial Intelligence ETF
GXAI
$11.67
+6.3%
0%
HMC Capital
HMC
$12.20
+17.8%
+139.7%
iShares S&P MID-Cap ETF
IJH
$51.70
+9.7%
+33.6%
iShares S&P Small-Cap ETF
IJR
$194.31
+11.8%
+32.8%
Iperionx
IPX
$4.50
+39.8%
+200.0%
Munro Climate Change Leaders ETF
MCCL
$17.59
+5.8%
+76.1%
Vaneck Morningstar Wide Moat ETF
MOAT
$131.08
+3.9%
+17.1%
Mesoblast
MSB
$1.680
+32.8%
+385.5%
Novonix
NVX
$0.965
+20.6%
+32.2%
Pro Medicus
PME
$227.64
+22.8%
+157.2%
Pinnacle Investment
PNI
$23.87
+29.6%
+161.2%
Petratherm
PTR
$0.205
+310.0%
+206.0%
BetaShares Australian Financials ETF
QFN
$17.18
+7.1%
+45.3%
Vaneck Int. Small Co's Quality ETF
QSML
$31.78
+8.0%
+31.1%
BetaShares Robotics & AI ETF
RBTZ
$14.87
+8.6%
+23.1%
Redox
RDX
$3.97
+9.7%
+62.7%
Ridley Corporation
RIC
$2.79
+8.1%
+24.0%
Global X Robotics & Automation ETF
ROBO
$77.74
+8.0%
+12.9%
Sigma Healthcare
SIG
$2.63
+41.8%
+276.1%
Superloop
SLC
$2.18
+11.8%
+230.3%
Seven Group
SVW
$48.97
+17.2%
+54.2%
Global X Global Tech ETF
TECH
$111.84
+9.8%
+20.3%
Vanguard Infrastructure Index ETF
VBLD
$72.98
+3.4%
+20.7%
Vanguard Diversified High Growth ETF
VDHG
$69.02
+2.9%
+19.5%
Vanguard International Shares ETF
VGS
$135.85
+4.0%
+24.9%
Vulcan Energy Resources
VUL
$7.73
+69.1%
+223.4%
XRF Scientific
XRF
$1.780
+7.2%
+60.4%
Zip Co.
ZIP
$3.35
+24.5%
+717.1%
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: Alto Metals (ASX: AME), Avita Medical (ASX: AVH), Betmakers Technology Group (ASX: BET), Canyon Resources (ASX: CAY), Commonwealth Bank of Australia (ASX: CBA), HMC Capital (ASX: HMC), iShares S&P MID-Cap ETF (ASX: IJH), iShares S&P Small-Cap ETF (ASX: IJR), Iperionx (ASX: IPX), Mesoblast (ASX: MSB), Novonix (ASX: NVX), Pinnacle Investment Management Group (ASX: PNI), Petratherm (ASX: PTR), BetaShares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ), Sigma Healthcare (ASX: SIG), Seven Group (ASX: SVW), Vanguard Global Infrastructure Index ETF (ASX: VBLD), Vulcan Energy Resources (ASX: VUL), XRF Scientific (ASX: XRF).

Charts of each below:

Alto Metals (ASX-AME) chart 25 November 2024 Avita Medical (ASX-AVH) chart 25 November 2024 BetaShares Global Robotics and Artificial Intelligence ETF (ASX-RBTZ) chart 25 November 2024 Betmakers Technology Group (ASX-BET) chart 25 November 2024 Canyon Resources (ASX-CAY) chart 25 November 2024 Commonwealth Bank of Australia (ASX-CBA) chart 25 November 2024 HMC Capital (ASX-HMC) chart 25 November 2024 Iperionx (ASX-IPX) chart 25 November 2024 iShares S&P MID-Cap ETF (ASX-IJH) chart 25 November 2024 iShares S&P Small-Cap ETF (ASX-IJR) chart 25 November 2024 Mesoblast (ASX-MSB) chart 25 November 2024 Novonix (ASX-NVX) chart 25 November 2024 Petratherm (ASX-PTR) chart 25 November 2024 Pinnacle Investment Management Group (ASX-PNI) chart 25 November 2024 Sigma Healthcare (ASX-SIG) chart 25 November 2024 Vanguard Global Infrastructure Index ETF (ASX-VBLD) chart 25 November 2024 Vulcan Energy Resources (ASX-VUL) chart 25 November 2024 XRF Scientific (ASX-XRF) chart 25 November 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Ampol
ALD
$28.60
+1.7%
-14.8%
Amotiv
AOV
$10.20
-5.6%
-6.0%
Arafura Rare Earths
ARU
$0.125
-19.4%
-35.9%
Abacus Storage King
ASK
$1.190
-8.8%
+13.3%
Bapcor
BAP
$4.48
-5.7%
-20.0%
Bellevue Gold
BGL
$1.295
-20.6%
-14.2%
BHP Group
BHP
$40.20
-5.2%
-16.0%
Champion Iron
CIA
$5.56
-5.1%
-28.5%
Cromwell Property
CMW
$0.380
-10.6%
-8.4%
Coronado Global Resources
CRN
$0.915
-14.9%
-43.0%
Develop Global
DVP
$1.970
-19.3%
-33.9%
Endeavour Group
EDV
$4.29
-9.3%
-12.6%
Elders
ELD
$7.53
-12.1%
+6.1%
Graincorp
GNC
$7.93
-13.4%
+6.6%
IDP Education
IEL
$12.29
-9.7%
-46.7%
Iluka Resources
ILU
$5.34
-8.6%
-25.3%
IPH
IPH
$4.96
-8.7%
-27.6%
Karoon Energy
KAR
$1.375
-0.4%
-36.3%
Kelsian Group
KLS
$3.73
-11.4%
-42.4%
Mineral Resources
MIN
$33.46
-1.9%
-48.3%
Metcash
MTS
$3.05
-4.4%
-17.1%
Nick Scali
NCK
$13.50
-6.9%
+15.4%
Newmont Corporation
NEM
$64.75
-8.5%
+13.2%
New Hope Corporation
NHC
$4.73
-3.9%
-10.8%
Pilbara Minerals
PLS
$2.51
-8.4%
-29.1%
Patriot Battery Metals
PMT
$0.260
-33.3%
-74.8%
Platinum Asset
PTM
$1.045
-12.2%
-9.1%
Pexa Group
PXA
$12.59
-8.5%
+8.5%
Rural Funds Group
RFF
$1.855
-1.9%
-0.3%
Ramsay Health Care
RHC
$38.03
-8.8%
-23.9%
Smartgroup Corp
SIQ
$7.87
-1.0%
-5.4%
Syrah Resources
SYR
$0.220
-24.1%
-66.5%
TPG Telecom
TPG
$4.36
-3.8%
-6.8%
Viva Energy
VEA
$2.59
-4.4%
-15.1%
Wildcat Resources
WC8
$0.255
-27.1%
-70.5%
WEB Travel
WEB
$4.25
-0.2%
-25.9%
Woolworths
WOW
$29.92
-8.5%
-12.2%
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: Bapcor (ASX: BAP), Champion Iron (ASX: CIA), Coronado Global Resources (ASX: CRN), Endeavour Group (ASX: EDV), Elders (ASX: ELD), Graincorp (ASX: GNC), IDP Education (ASX: IEL), Iluka Resources (ASX: ILU), IPH (ASX: IPH), Kelsian Group (ASX: KLS), Mineral Resources (ASX: MIN), Metcash (ASX: MTS), Nick Scali (ASX: NCK), Pilbara Minerals (ASX: PLS), Patriot Battery Metals (ASX: PMT), Rural Funds Group (ASX: RFF), Ramsay Health Care (ASX: RHC), TPG Telecom (ASX: TPG), Viva Energy Group (ASX: VEA).

Charts of each below:

Bapcor (ASX-BAP) chart 25 November 2024 Coronado Global Resources (ASX-CRN) chart 25 November 2024 Elders (ASX-ELD) chart 25 November 2024 Endeavour Group (ASX-EDV) chart 25 November 2024 Graincorp (ASX-GNC) chart 25 November 2024 IDP Education (ASX-IEL) chart 25 November 2024 Iluka Resources (ASX-ILU) chart 25 November 2024 IPH (ASX-IPH) chart 25 November 2024 Kelsian Group (ASX-KLS) chart 25 November 2024 Metcash (ASX-MTS) chart 25 November 2024 Mineral Resources (ASX-MIN) chart 25 November 2024 Nick Scali (ASX-NCK) chart 25 November 2024 Patriot Battery Metals (ASX-PMT) chart 25 November 2024 Pilbara Minerals (ASX-PLS) chart 25 November 2024 Ramsay Health Care (ASX-RHC) chart 25 November 2024 Rural Funds Group (ASX-RFF) chart 25 November 2024 TPG Telecom (ASX-TPG) chart 25 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.

05/06/2026