TECHNICAL ANALYSIS

ChartWatch ASX Scans: ANZ, CBA, NAB, WBC, Wesfarmers, News Corporation, Harvey Norman, Sandfire Resources, Turaco Gold, Titomic, Zip Co.

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

Lead Writer and Presenter
7 February 2025
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: ANZ, CBA, NAB, WBC, Wesfarmers, News Corporation, Harvey Norman, Sandfire Resources, Turaco Gold, Titomic, Zip Co.

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Almonty Industries (AII), ANZ Group (ANZ), Commonwealth Bank (CBA), Helia Group (HLI), National Australia Bank (NAB), News Corp (NWS), Sandfire Resources (SFR), Turaco Gold (TCG), Titomic (TTT), Wesfarmers (WES).
  • Interesting downtrends in today's Scans: DUG Technology (DUG), Infratil (IFT), Myer (MYR), Resolute Mining (RSG), The Star Entertainment Group (SGR), Zip Co. (ZIP).

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 %
Pointerra
3DP
$0.083
+88.6%
+62.7%
Almonty Industries
AII
$1.925
+79.9%
+161.9%
Aristocrat Leisure
ALL
$74.81
+4.6%
+67.8%
ALS
ALQ
$16.51
+6.5%
+33.9%
Aurelia Metals
AMI
$0.215
+26.5%
+104.8%
ANZ Group
ANZ
$30.95
+6.7%
+13.7%
BetaShares Australian Quality ETF
AQLT
$32.37
+3.7%
+21.6%
Austal
ASB
$3.99
+29.5%
+97.5%
Andean Silver
ASL
$1.210
+32.2%
+450.0%
Antipa Minerals
AZY
$0.039
+39.3%
+178.6%
Beacon Lighting Group
BLX
$3.30
+8.2%
+42.9%
Commonwealth Bank of Australia
CBA
$162.64
+3.5%
+40.8%
Catalyst Metals
CYL
$3.97
+49.2%
+615.3%
Deterra Royalties
DRR
$4.17
+13.3%
-21.8%
Duratec
DUR
$1.650
+17.0%
+8.9%
Emerald Resources
EMR
$4.43
+32.6%
+44.3%
Generation Development Group
GDG
$4.65
+24.3%
+154.8%
Vaneck Gold Miners ETF
GDX
$66.32
+19.0%
+53.3%
BetaShares Global Cybersecurity ETF
HACK
$15.09
+7.4%
+27.3%
Helia Group
HLI
$4.92
+8.4%
+9.8%
Hearts and Minds Investments
HM1
$3.44
+9.2%
+30.3%
Harvey Norman
HVN
$5.31
+13.2%
+22.4%
iShares Global Healthcare ETF
IXJ
$146.80
+6.9%
+8.1%
Loftus Peak Global Disruption Fund ETF
LPGD
$5.57
+2.8%
+33.6%
MA Financial Group
MAF
$6.81
+13.1%
+15.4%
Metals X
MLX
$0.485
+18.3%
+67.2%
Metro Mining
MMI
$0.066
+11.9%
+200.0%
Medibank Private
MPL
$3.99
+4.5%
+4.7%
Macquarie Core Australian Equity Active ETF
MQAE
$11.47
+3.3%
0%
National Australia Bank
NAB
$40.38
+6.8%
+24.9%
Nick Scali
NCK
$16.29
+7.7%
+31.2%
News Corporation
NWS
$56.28
+15.7%
+42.8%
Ora Banda Mining
OBM
$0.895
+42.1%
+306.8%
Ophir High Conviction Fund
OPH
$3.12
+4.0%
+25.8%
Opthea
OPT
$1.155
+45.3%
+169.7%
Pantoro
PNR
$0.130
+34.0%
+217.1%
Ridley Corporation
RIC
$2.83
+3.7%
+1.4%
Global X Robotics & Automation ETF
ROBO
$84.11
+3.6%
+13.1%
Rox Resources
RXL
$0.230
+7.0%
+54.3%
Sandfire Resources
SFR
$10.33
+10.5%
+46.3%
Turaco Gold
TCG
$0.345
+25.5%
+176.0%
Tasmea
TEA
$3.25
-3.3%
0%
Titomic
TTT
$0.280
+55.6%
+656.8%
Unibail-Rodamco-Westfield
URW
$6.67
+7.6%
+23.5%
Vault Minerals
VAU
$0.420
+25.4%
+23.5%
West African Resources
WAF
$1.755
+17.8%
+80.9%
Westpac Banking Corporation
WBC
$34.00
+3.4%
+41.4%
Wesfarmers
WES
$77.06
+7.4%
+32.4%
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: Almonty Industries (ASX: AII), ALS (ASX: ALQ), Aurelia Metals (ASX: AMI), ANZ Group (ASX: ANZ), Austal (ASX: ASB), Andean Silver (ASX: ASL), Antipa Minerals (ASX: AZY), Commonwealth Bank of Australia (ASX: CBA), Catalyst Metals (ASX: CYL), Generation Development Group (ASX: GDG), Vaneck Gold Miners ETF (ASX: GDX), Helia Group (ASX: HLI), Hearts and Minds Investments (ASX: HM1), Harvey Norman (ASX: HVN), Metro Mining (ASX: MMI), National Australia Bank (ASX: NAB), News Corporation (ASX: NWS), Ora Banda Mining (ASX: OBM), Ophir High Conviction Fund (ASX: OPH), Opthea (ASX: OPT), Sandfire Resources (ASX: SFR), Turaco Gold (ASX: TCG), Titomic (ASX: TTT), Wesfarmers (ASX: WES).

Charts of each below:

Almonty Industries (ASX-AII) daily chart 6 February 2025 ALS (ASX-ALQ) daily chart 6 February 2025 Andean Silver (ASX-ASL) daily chart 6 February 2025 Antipa Minerals (ASX-AZY) daily chart 6 February 2025 ANZ Group (ASX-ANZ) daily chart 6 February 2025 Aurelia Metals (ASX-AMI) daily chart 6 February 2025 Austal (ASX-ASB) daily chart 6 February 2025 Catalyst Metals (ASX-CYL) daily chart 6 February 2025 Commonwealth Bank of Australia (ASX-CBA) daily chart 6 February 2025 Generation Development Group (ASX-GDG) daily chart 6 February 2025 Harvey Norman (ASX-HVN) daily chart 6 February 2025 Hearts and Minds Investments (ASX-HM1) daily chart 6 February 2025 Helia Group (ASX-HLI) daily chart 6 February 2025 Metro Mining (ASX-MMI) daily chart 6 February 2025 National Australia Bank (ASX-NAB) daily chart 6 February 2025 News Corporation (ASX-NWS) daily chart 6 February 2025 Ophir High Conviction Fund (ASX-OPH) daily chart 6 February 2025 Opthea (ASX-OPT) daily chart 6 February 2025 Ora Banda Mining (ASX-OBM) daily chart 6 February 2025 Sandfire Resources (ASX-SFR) daily chart 6 February 2025 Titomic (ASX-TTT) daily chart 6 February 2025 Turaco Gold (ASX-TCG) daily chart 6 February 2025 Vaneck Gold Miners ETF (ASX-GDX) daily chart 6 February 2025 Wesfarmers (ASX-WES) daily chart 6 February 2025

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Ampol
ALD
$28.32
-3.3%
-21.4%
Alliance Aviation Services
AQZ
$2.65
-10.8%
-18.5%
Aroa Biosurgery
ARX
$0.540
-28.0%
0%
Coronado Global Resources
CRN
$0.660
-10.2%
-57.7%
Cettire
CTT
$1.235
-14.5%
-61.8%
Clinuvel Pharmaceuticals
CUV
$11.54
-2.2%
-26.6%
Dicker Data
DDR
$8.42
+0.6%
-26.2%
DUG Technology
DUG
$1.085
-15.6%
-53.4%
Healius
HLS
$1.360
-4.2%
-4.9%
IDP Education
IEL
$12.19
-4.3%
-35.9%
Infratil
IFT
$9.76
-9.9%
-1.1%
Myer
MYR
$0.840
-26.6%
+29.7%
Resolute Mining
RSG
$0.360
-7.7%
-7.7%
The Star Entertainment Group
SGR
$0.115
-37.8%
-77.9%
Viva Energy Group
VEA
$2.47
-9.2%
-31.8%
Vulcan Energy Resources
VUL
$4.14
-23.8%
+99.0%
Zip Co.
ZIP
$2.17
-33.8%
+212.2%
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: DUG Technology (ASX: DUG), Infratil (ASX: IFT), Myer (ASX: MYR), Resolute Mining (ASX: RSG), The Star Entertainment Group (ASX: SGR), Zip Co. (ASX: ZIP).

Charts of each below:

DUG Technology (ASX-DUG) daily chart 6 February 2025 Infratil (ASX-IFT) daily chart 6 February 2025 Myer (ASX-MYR) daily chart 6 February 2025 Resolute Mining (ASX-RSG) daily chart 6 February 2025 The Star Entertainment Group (ASX-SGR) daily chart 6 February 2025 Zip Co. (ASX-ZIP) daily chart 6 February 2025

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