TECHNICAL ANALYSIS

ChartWatch ASX Scans: AMP, Austal, Global Cybersecurity ETF, Block, MA Financial, Nuix, Xero, Dexus, Iluka, Santos, Woodside Energy

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

Lead Writer and Presenter
7 November 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: AMP, Austal, Global Cybersecurity ETF, Block, MA Financial, Nuix, Xero, Dexus, Iluka, Santos, Woodside Energy

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: AMP (AMP), Austal (ASB), Block (SQ2), Car (CAR), CommBank (CBA), Hub24 (HUB), Life360 (360), MA Financial (MAF), News Corp (NWS), Nuix (NXL), Technology One (TNE), Telix Pharma (TLX), Bitcoin ETF (VBTC), Xero (XRO).
  • Interesting downtrends in today's Scans: Ampol (ALD), APA (APA), Arafura Rare Earths (ARU), Dexus (DXS), Fortescue (FMG), IGO (IGO), Iluka (ILU), IPH (IPH), Karoon Energy (KAR), Nine Entertainment (NEC), Ramsay Health (RHC), Santos (STO), Woodside (WDS).

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 %
Life360
360
$22.69
+13.5%
+190.5%
Alcoa Corporation
AAI
$64.84
+14.2%
0%
Adairs
ADH
$2.67
+30.9%
+82.9%
Antipodes Global Shares ETF
AGX1
$6.28
+2.6%
+21.9%
Aristocrat Leisure
ALL
$63.15
+9.4%
+60.6%
AMP
AMP
$1.485
+12.5%
+42.1%
Austal
ASB
$3.42
+23.9%
+92.7%
BetaShares S&P/ASX Australian Technology ETF
ATEC
$28.13
+3.8%
+49.4%
AUB Group
AUB
$32.67
+7.3%
+20.1%
Avita Medical
AVH
$3.56
+14.8%
+9.5%
Bendigo and Adelaide Bank
BEN
$12.41
+6.9%
+36.5%
BetaShares Global Shares ETF
BGBL
$69.30
+4.4%
+28.5%
BetaShares Global Banks Hedged ETF
BNKS
$8.31
+6.4%
+41.6%
Car Group
CAR
$39.07
+5.1%
+36.4%
Commonwealth Bank of Australia
CBA
$145.46
+7.8%
+45.6%
BetaShares Crypto Innovators ETF
CRYP
$6.08
+25.6%
+102.7%
BetaShares Global Sustainability Leaders ETF
ETHI
$15.54
+4.7%
+27.2%
Global X Fang+ ETF
FANG
$28.47
+8.7%
+49.1%
Global X Physical Gold ETF
GOLD
$38.61
+6.5%
+35.3%
BetaShares Global Cybersecurity ETF
HACK
$12.87
+8.0%
+36.6%
Hub24
HUB
$70.23
+15.4%
+117.8%
Hyperion Global Growth Companies Fund ETF
HYGG
$5.74
+8.9%
+42.8%
iShares S&P MID-Cap ETF
IJH
$49.30
+7.5%
+30.4%
iShares S&P Small-Cap ETF
IJR
$183.81
+7.7%
+28.4%
Imdex
IMD
$2.62
+11.5%
+50.1%
iShares S&P 500 ETF
IVV
$59.52
+5.6%
+33.2%
iShares Core MSCI World EX Australia ESG ETF
IWLD
$59.13
+4.4%
+30.1%
JB HI-FI
JBH
$82.56
+2.6%
+79.1%
L1 Capital International Fund ETF
L1IF
$6.30
+7.0%
0%
Loftus Peak Global Disruption Fund ETF
LPGD
$5.03
+6.6%
+50.1%
MA Financial Group
MAF
$6.59
+16.4%
+43.3%
Munro Climate Change Leaders Fund ETF
MCCL
$16.89
+4.2%
+78.4%
MFF Capital Investments
MFF
$4.08
+6.5%
+44.7%
Magellan High Conviction Trust ETF
MHHT
$1.955
+4.5%
+25.7%
Vaneck Australian Banks ETF
MVB
$39.26
+4.5%
+37.5%
National Australia Bank
NAB
$39.25
+5.3%
+35.1%
Netwealth Group
NWL
$28.62
+11.1%
+112.8%
News Corporation
NWS
$46.10
+12.1%
+34.2%
Nuix
NXL
$7.61
+16.4%
+415.9%
Pointsbet
PBH
$0.845
+26.1%
+103.1%
Pro Medicus
PME
$198.06
+10.4%
+142.5%
Pinnacle Investment Management Group
PNI
$20.41
+9.8%
+139.6%
Qualitas
QAL
$2.79
+9.0%
+19.2%
QBE Insurance Group
QBE
$17.62
+9.6%
+12.4%
BetaShares Global Robotics and Artificial Intelligence ETF
RBTZ
$14.50
+7.2%
+29.2%
REA Group
REA
$235.44
+11.1%
+51.5%
Regal Investment Fund
RF1
$3.65
+9.3%
+34.2%
Resmed Inc
RMD
$37.83
+9.8%
+63.4%
Block
SQ2
$114.90
+18.2%
+41.5%
Global X Morningstar Global Technology ETF
TECH
$103.51
+5.4%
+18.5%
Telix Pharmaceuticals
TLX
$22.86
+10.8%
+151.2%
Technology One
TNE
$25.37
+5.7%
+66.9%
Vaneck Bitcoin ETF
VBTC
$23.50
+23.7%
0%
Xero
XRO
$153.68
+5.9%
+36.9%
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: Adairs (ASX: ADH), AMP (ASX: AMP), Antipodes Global Shares ETF (ASX: AGX1), Aristocrat Leisure (ASX: ALL), Austal (ASX: ASB), BetaShares Global Cybersecurity ETF (ASX: HACK), BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC), Block (ASX: SQ2), Car Group (ASX: CAR), Commonwealth Bank of Australia (ASX: CBA), Global X Fang+ ETF (ASX: FANG), Hub24 (ASX: HUB), Hyperion Global Growth Companies Fund ETF (ASX: HYGG), iShares S&P MID-Cap ETF (ASX: IJH), L1 Capital International Fund ETF (ASX: L1IF), Life360 (ASX: 360), MA Financial Group (ASX: MAF), News Corporation (ASX: NWS), Nuix (ASX: NXL), Technology One (ASX: TNE), Telix Pharmaceuticals (ASX: TLX), Vaneck Bitcoin ETF (ASX: VBTC), Xero (ASX: XRO).

Charts of each below:

Adairs (ASX-ADH) chart 6 November 2024 AMP (ASX-AMP) chart 6 November 2024 Antipodes Global Shares ETF (ASX-AGX1) chart 6 November 2024 Aristocrat Leisure (ASX-ALL) chart 6 November 2024 Austal (ASX-ASB) chart 6 November 2024 BetaShares Global Cybersecurity ETF (ASX-HACK) chart 6 November 2024 BetaShares S&P-ASX Australian Technology ETF (ASX-ATEC) chart 6 November 2024 Block (ASX-SQ2) chart 6 November 2024 Car Group (ASX-CAR) chart 6 November 2024 Commonwealth Bank of Australia (ASX-CBA) chart 6 November 2024 Global X Fang+ ETF (ASX-FANG) chart 6 November 2024 Hub24 (ASX-HUB) chart 6 November 2024 Hyperion Global Growth Companies Fund ETF (ASX-HYGG) chart 6 November 2024 iShares S&P MID-Cap ETF (ASX-IJH) chart 6 November 2024 L1 Capital International Fund ETF (ASX-L1IF) chart 6 November 2024 Life360 (ASX-360) chart 6 November 2024 MA Financial Group (ASX-MAF) chart 6 November 2024 News Corporation (ASX-NWS) chart 6 November 2024 Nuix (ASX-NXL) chart 6 November 2024 Technology One (ASX-TNE) chart 6 November 2024 Telix Pharmaceuticals (ASX-TLX) chart 6 November 2024 Vaneck Bitcoin ETF (ASX-VBTC) chart 6 November 2024 Xero (ASX-XRO) chart 6 November 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Atlas Arteria
ALX
$4.87
+2.7%
-13.7%
Ampol
ALD
$27.87
-10.1%
-14.4%
APA Group
APA
$6.86
-7.3%
-18.0%
Arafura Rare Earths
ARU
$0.140
-20.0%
-33.3%
Coronado Global Resources
CRN
$1.005
-9.5%
-42.7%
Deterra Royalties
DRR
$3.69
-5.1%
-22.2%
Beach Energy
BPT
$1.245
-2.4%
-18.4%
Centuria Industrial Reit
CIP
$3.04
-5.0%
+3.1%
IPH
IPH
$5.36
-5.6%
-22.5%
Dexus
DXS
$7.08
-7.2%
+2.8%
Infomedia
IFM
$1.370
-7.7%
-6.2%
Fortescue
FMG
$18.88
-2.0%
-18.7%
Iluka Resources
ILU
$5.88
-10.6%
-21.2%
IGO
IGO
$5.06
-7.8%
-47.8%
Liontown Resources
LTR
$0.785
-6.0%
-52.6%
Rural Funds Group
RFF
$1.850
-4.9%
+0.8%
Charter Hall Retail Reit
CQR
$3.38
-4.0%
+6.6%
Nine Entertainment
NEC
$1.095
-9.9%
-42.8%
OOH!Media
OML
$1.205
-5.1%
-10.4%
Karoon Energy
KAR
$1.370
-14.6%
-45.1%
Ramsay Health Care
RHC
$38.28
-10.1%
-24.5%
Sayona Mining
SYA
$0.031
-8.8%
-63.5%
Santos
STO
$6.64
-8.4%
-10.5%
Wildcat Resources
WC8
$0.305
-4.7%
-64.3%
Woodside Energy Group
WDS
$23.49
-10.8%
-30.9%
Woolworths Group
WOW
$29.68
-9.8%
-15.5%
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: Ampol (ASX: ALD), APA Group (ASX: APA), Arafura Rare Earths (ASX: ARU), Dexus (ASX: DXS), Fortescue (ASX: FMG), IGO (ASX: IGO), Iluka Resources (ASX: ILU), IPH (ASX: IPH), Karoon Energy (ASX: KAR), Nine Entertainment (ASX: NEC), Ramsay Health Care (ASX: RHC), Santos (ASX: STO), Woodside Energy Group (ASX: WDS).

Charts of each below:

Ampol (ASX-ALD) chart 6 November 2024 APA Group (ASX-APA) chart 6 November 2024 Arafura Rare Earths (ASX-ARU) chart 6 November 2024 Dexus (ASX-DXS) chart 6 November 2024 Fortescue (ASX-FMG) chart 6 November 2024 IGO (ASX-IGO) chart 6 November 2024 Iluka Resources (ASX-ILU) chart 6 November 2024 IPH (ASX-IPH) chart 6 November 2024 Karoon Energy (ASX-KAR) chart 6 November 2024 Nine Entertainment (ASX-NEC) chart 6 November 2024 Ramsay Health Care (ASX-RHC) chart 6 November 2024 Santos (ASX-STO) chart 6 November 2024 Woodside Energy Group (ASX-WDS) chart 6 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