TECHNICAL ANALYSIS

ChartWatch ASX Scans: Ansell, Ausgold, Botanix, Genesis Minerals, Lendlease, Titomic, A2 Milk, Ampol, Dicker Data

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

Lead Writer and Presenter
2 September 2024
This article is more than 12 months old and may be outdated
4 min read
ChartWatch ASX Scans: Ansell, Ausgold, Botanix, Genesis Minerals, Lendlease, Titomic, A2 Milk, Ampol, Dicker Data

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Ausgold (AUC), Botanix (BOT), Breville (BRG), Brambles (BXB), Codan (CDA), Catalyst Metals (CYL), Genesis Minerals (GMD), Healius (HLS), Opthea (OPT), Pro Medicus (PME), Spartan Resources (SPR), Titomic (TTT)
  • Interesting downtrends in today's Scans: The A2 Milk Company (A2M), Ampol (ALD), Dicker Data (DDR), Paladin Energy (PDN), Patriot Battery Metals (PMT), Ramsay Health Care (RHC), Spark New Zealand (SPK), Tabcorp (TAH)

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
$0.550
+27.9%
+107.5%
Argo Global Listed Infrastructure
ALI
$2.29
+6.0%
+4.6%
AGL Energy
AGL
$11.61
+9.9%
+4.6%
Aristocrat Leisure
ALL
$54.71
+0.7%
+34.3%
Bega Cheese
BGA
$5.10
+15.4%
+69.4%
Ausgold
AUC
$0.435
+35.9%
+31.8%
Codan
CDA
$15.48
+20.8%
+99.0%
Charter Hall Long Wale Reit
CLW
$3.89
+8.7%
+11.8%
Amcor
AMC
$16.69
+3.2%
+11.2%
Ansell
ANN
$29.83
+8.6%
+28.3%
ANZ Group
ANZ
$30.40
+4.0%
+22.6%
BetaShares Global Healthcare Hedged ETF
DRUG
$9.12
+4.0%
+14.9%
Downer EDI
DOW
$5.59
+11.6%
+34.4%
Findi
FND
$4.43
+17.5%
+795.0%
Brambles
BXB
$18.23
+17.4%
+28.8%
Catalyst Metals
CYL
$2.28
+17.5%
+365.3%
Botanix Pharmaceuticals
BOT
$0.400
+5.3%
+116.2%
Breville Group
BRG
$33.58
+12.2%
+37.1%
Fisher & Paykel Healthcare Corporation
FPH
$33.01
+10.8%
+63.2%
Charter Hall Retail Reit
CQR
$3.64
+3.7%
+6.4%
Finbar Group
FRI
$0.980
+10.1%
+40.0%
Generation Development Group
GDG
$2.78
+8.2%
+134.1%
Genesis Minerals
GMD
$2.27
+7.6%
+45.5%
GPT Group
GPT
$4.92
+5.6%
+18.8%
HMC Capital
HMC
$8.46
+5.1%
+58.7%
Healius
HLS
$1.670
+12.5%
-30.9%
Hotel Property Investments
HPI
$3.46
+3.0%
+16.1%
Hub24
HUB
$55.76
+11.0%
+74.3%
Judo Capital
JDO
$1.645
+15.4%
+78.8%
Humm Group
HUM
$0.685
+47.3%
+55.7%
Insurance Australia Group
IAG
$7.55
+1.8%
+32.7%
JB HI-FI
JBH
$79.57
+14.4%
+77.8%
Mayur Resources
MRL
$0.290
+20.8%
+61.1%
Lendlease Group
LLC
$6.76
+8.2%
-11.1%
Macmahon
MAH
$0.335
+17.5%
+109.4%
Vaneck Australian Banks ETF
MVB
$37.62
+2.6%
+30.8%
Northern Star Resources
NST
$15.26
+7.4%
+31.2%
Opthea
OPT
$0.585
+31.5%
+14.2%
Pacific Current Group
PAC
$11.40
+4.6%
+4.4%
Pinnacle Investment Management Group
PNI
$17.49
+6.3%
+90.1%
Pro Medicus
PME
$150.70
+4.4%
+103.4%
Qantas Airways
QAN
$6.71
+5.8%
+11.3%
REA Group
REA
$219.00
+7.3%
+34.5%
Rimfire Pacific Mining
RIM
$0.078
+69.6%
+1200.0%
Reliance Worldwide Corporation
RWC
$5.36
+3.1%
+30.1%
Reece
REH
$27.34
-2.4%
+36.6%
Ramelius Resources
RMS
$2.22
+13.3%
+70.1%
Scentre Group
SCG
$3.44
-1.7%
+26.0%
Supply Network
SNL
$29.13
+17.9%
+99.5%
Stockland
SGP
$5.02
+8.9%
+19.2%
Spartan Resources
SPR
$1.455
+15.5%
+388.1%
SRG Global
SRG
$1.090
+16.0%
+60.3%
Titomic
TTT
$0.190
+35.7%
+850.0%
Super Retail Group
SUL
$17.86
+11.5%
+41.3%
Telstra Group
TLS
$3.93
-0.5%
-2.2%
Vicinity Centres
VCX
$2.22
+5.2%
+20.3%
Westgold Resources
WGX
$3.04
+14.7%
+96.8%
Westpac Banking Corporation
WBC
$31.24
+5.2%
+45.7%
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: Amcor (ASX: AMC), Ansell (ASX: ANN), ANZ Group (ASX: ANZ), Ausgold (ASX: AUC), Bega Cheese (ASX: BGA), Botanix Pharmaceuticals (ASX: BOT), Breville Group (ASX: BRG), Brambles (ASX: BXB), Codan (ASX: CDA), Catalyst Metals (ASX: CYL), Fisher & Paykel Healthcare Corporation (ASX: FPH), Generation Development Group (ASX: GDG), Genesis Minerals (ASX: GMD), GPT Group (ASX: GPT), Healius (ASX: HLS), Hub24 (ASX: HUB), JB HI-FI (ASX: JBH), Lendlease Group (ASX: LLC), Macmahon (ASX: MAH), Opthea (ASX: OPT), Pro Medicus (ASX: PME), Reliance Worldwide Corporation (ASX: RWC), Supply Network (ASX: SNL), Spartan Resources (ASX: SPR), SRG Global (ASX: SRG), Titomic (ASX: TTT), Westpac Banking Corporation (ASX: WBC).

Charts below:

Amcor (ASX-AMC) chart 30 August 2024 Ansell (ASX-ANN) chart 30 August 2024 ANZ Group (ASX-ANZ) chart 30 August 2024 Ausgold (ASX-AUC) chart 30 August 2024 Bega Cheese (ASX-BGA) chart 30 August 2024 Botanix Pharmaceuticals (ASX-BOT) chart 30 August 2024 Brambles (ASX-BXB) chart 30 August 2024 Breville Group (ASX-BRG) chart 30 August 2024 Catalyst Metals (ASX-CYL) chart 30 August 2024 Codan (ASX-CDA) chart 30 August 2024 Fisher & Paykel Healthcare Corporation (ASX-FPH) chart 30 August 2024 Generation Development Group (ASX-GDG) chart 30 August 2024 Genesis Minerals (ASX-GMD) chart 30 August 2024 GPT Group (ASX-GPT) chart 30 August 2024 Healius (ASX-HLS) chart 30 August 2024 Hub24 (ASX-HUB) chart 30 August 2024 JB HI-FI (ASX-JBH) chart 30 August 2024 Lendlease Group (ASX-LLC) chart 30 August 2024 Macmahon (ASX-MAH) chart 30 August 2024 Opthea (ASX-OPT) chart 30 August 2024 Pro Medicus (ASX-PME) chart 30 August 2024 Reliance Worldwide Corporation (ASX-RWC) chart 30 August 2024 Spartan Resources (ASX-SPR) chart 30 August 2024 SRG Global (ASX-SRG) chart 30 August 2024 Supply Network (ASX-SNL) chart 30 August 2024 Titomic (ASX-TTT) chart 30 August 2024 Westpac Banking Corporation (ASX-WBC) chart 30 August 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
The A2 Milk Company
A2M
$5.59
-21.4%
+20.2%
Ampol
ALD
$28.93
-13.8%
-15.0%
Bellevue Gold
BGL
$1.265
-9.3%
-18.7%
Brainchip
BRN
$0.170
-10.5%
-47.7%
Dicker Data
DDR
$9.11
-11.2%
+8.3%
Grange Resources
GRR
$0.275
-12.7%
-33.7%
Kelsian Group
KLS
$3.76
-27.6%
-43.3%
Lifestyle Communities
LIC
$7.72
-15.7%
-53.6%
Meteoric Resources
MEI
$0.100
-4.8%
-45.9%
Mineral Resources
MIN
$40.15
-25.4%
-42.2%
Neuren Pharmaceuticals
NEU
$15.59
-19.6%
+27.1%
New Hope Corporation
NHC
$4.48
-9.1%
-20.0%
NIB
NHF
$6.26
-16.8%
-22.5%
OOH!Media
OML
$1.260
-13.4%
-14.3%
Paladin Energy
PDN
$9.79
-16.0%
+15.9%
Patriot Battery Metals
PMT
$0.445
-15.2%
-66.0%
Perpetual
PPT
$19.65
-10.2%
-6.3%
Platinum Asset Management
PTM
$0.995
-7.0%
-33.9%
Ramsay Health Care
RHC
$41.55
-10.5%
-18.9%
Stanmore Resources
SMR
$3.01
-18.0%
+7.6%
Spark New Zealand
SPK
$3.33
-17.4%
-27.5%
Santos
STO
$7.22
-10.2%
-5.1%
Syrah Resources
SYR
$0.225
-19.6%
-58.7%
Tabcorp
TAH
$0.435
-32.6%
-59.9%
Talga Group
TLG
$0.435
+1.2%
-62.8%
Viva Energy Group
VEA
$2.88
-11.7%
-7.1%
Whitehaven Coal
WHC
$6.69
-14.1%
+1.1%
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), Ampol (ASX: ALD), Dicker Data (ASX: DDR), Paladin Energy (ASX: PDN), Patriot Battery Metals (ASX: PMT), Ramsay Health Care (ASX: RHC), Spark New Zealand (ASX: SPK), Tabcorp (ASX: TAH).

Charts of each below:

The A2 Milk Company (ASX-A2M) chart 30 August 2024 Ampol (ASX-ALD) chart 30 August 2024 Dicker Data (ASX-DDR) chart 30 August 2024 Paladin Energy (ASX-PDN) chart 30 August 2024 Patriot Battery Metals (ASX-PMT) chart 30 August 2024 Ramsay Health Care (ASX-RHC) chart 30 August 2024 Spark New Zealand (ASX-SPK) chart 30 August 2024 Tabcorp (ASX-TAH) chart 30 August 2024

ChartWatch ASX Scans Criteria

Criteria for Uptrends List

  • Short term uptrend (ST trend ribbon is light green)

  • Long term uptrend or long term trend is transitioning from down to up (LT trend ribbon is dark green, or LT trend ribbon is amber and contracting)

  • Demand-side price action (rising peaks and rising troughs is preferred, but based upon weight of evidence of other criteria rising peaks only or rising troughs only may be permitted)

  • Predominance of demand-side candles (i.e., white bodies and or downward pointing shadows)

  • The last candle in particular is a strong demand-side candle

Criteria for Downtrends List

  • Short term downtrend (ST trend ribbon is light pink)

  • Long term downtrend or long term trend is transitioning from up to down (LT trend ribbon is dark pink, or LT trend ribbon is amber and contracting)

  • Supply-side price action (falling peaks and falling troughs is preferred, but based upon weight of evidence of other criteria falling peaks only or falling troughs only may be permitted)

  • Predominance of supply-side candles (i.e., black bodies and or upward pointing shadows)

  • The last candle in particular is a strong supply-side candle


Important considerations when using the ChartWatch ASX Scan Lists:
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