Technical Analysis

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

Fri 07 Feb 25, 9:00am (AEDT)
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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 πŸ”ŽπŸ“ˆ

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

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

 

Written By

Carl Capolingua

Content Editor

Carl has over 30-year's 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.

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