ChartWatch ASX Scans: ANZ, Goodman Group, Telix Pharmaceuticals, Technology One, JB HI-FI, HMC Capital
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.

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Mentioned
KEY POINTS
- Interesting uptrends in today's scans: ANZ (ANZ), Dyno Nobel (DNL), G50 Corp (G50), GR Engineering (GNG), Liontown Resources (LTR), Mineral Resources (MIN), Northern Star (NST), Scidev (SDV), Starpharma (SPL), Smart Parking (SPZ), Vault Minerals (VAU).
- Interesting downtrends in today's scans: Audinate (AD8), Aristocrat (ALL), ARB (ARB), Bapcor (BAP), Goodman (GMG), HMC Capital (HMC), Judo Capital (JDO), Monash IVF (MVF), REA (REA), Select Harvests (SHV), Telix (TLX), Technology One (TNE), Xero (XRO).
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Too many downtrends... Too many quality downtrends... 📉
Too many quality downtrends in stocks big enough to have an impact on the index... ⚠️
As some bloke called Shakespeare once wrote: "Something is wrong in the state of Denmark".
I note that my portfolio risk limit as benchmarked by the S&P/ASX 200 is at 1/2RP – i.e., 50% invested and 50% cash (see XJO analysis in each Evening Wrap).
It's not all doom and gloom, though, because the Uptrends Scan List is decent enough today too – even if several of its constituents are overseas shares ETFs!
Can I propose that we're entering a dangerous phase for the Aussie share market over the next few days and possibly weeks – one that could determine whether Santa will be attending with his customary rally this year. Ho -ho -ho -hope so! 🎅
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. You can also watch these videos 📺 in which I perform live analysis of ASX stocks as requested by viewers, including detailed explanations of how my methodology works.
How to use the Uptrends & Downtrends lists, and Feature Chart lists
Feel free to get your favourite AI to convert the tables below into lists you can upload to your favourite trading platform like TradingView. Then you'll be able to skip from chart to chart and quickly and easily see the best uptrends and downtrends on the ASX.
Some investors prefer to buy those stocks in strong uptrends, and avoid, sell, or short sell those stocks in strong downtrends – but how you use the lists is really up to you!
Note, many stocks in both lists have appeared there many times before. As long as they keep meeting my criteria – they'll keep appearing. But note, there won't be any notifications when they don't – so you'll have to do your own research on when a particular trend changes!
Uptrends Scan List 📈
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Antipodes Global Value Active ETF | AGX1 | $6.92 | +4.5% | +10.7% |
Ampol | ALD | $31.51 | +4.2% | +11.3% |
Ansell | ANN | $36.57 | +12.7% | +12.4% |
ANZ Group Holdings | ANZ | $38.85 | +8.2% | +20.9% |
APA Group | APA | $9.43 | +4.3% | +38.7% |
American West Metals | AW1 | $0.067 | +55.8% | -6.9% |
Dyno Nobel | DNL | $3.50 | +8.0% | +12.9% |
Downer EDI | DOW | $7.86 | +4.5% | +37.7% |
BetaShares Global Healthcare ETF | DRUG | $8.51 | +4.6% | +0.1% |
iShares Emerging Markets EX China ETF | EMXC | $33.23 | +6.0% | +23.9% |
Global X Euro Stoxx 50 ETF | ESTX | $112.39 | +2.8% | +29.9% |
G50 Corp | G50 | $0.660 | +23.4% | +277.1% |
GR Engineering Services | GNG | $4.16 | +6.4% | +101.9% |
Hansen Technologies | HSN | $6.17 | +10.2% | +17.7% |
BetaShares Global High Dividend ETF | INCM | $20.02 | +3.4% | +11.8% |
iShares Global 100 ETF | IOO | $192.17 | +5.4% | +27.2% |
iShares S&P 500 ETF | IVV | $70.02 | +2.8% | +17.0% |
Lake Resources | LKE | $0.045 | +32.4% | -26.2% |
Liontown Resources | LTR | $1.315 | +21.8% | +61.4% |
MFF Capital Investments | MFF | $4.87 | +4.7% | +16.5% |
Magellan Infra Fund ETF | MICH | $3.25 | +2.8% | +12.8% |
Mineral Resources | MIN | $51.23 | +17.7% | +33.2% |
Monadelphous Group | MND | $26.77 | +14.2% | +109.6% |
Mont Royal Resources | MRZ | $0.350 | +753.7% | +272.3% |
Vaneck Australian Resources ETF | MVR | $42.25 | +2.7% | +23.4% |
Northern Star Resources | NST | $26.35 | +5.2% | +56.9% |
NRW Holdings | NWH | $5.07 | +2.4% | +34.1% |
SPDR S&P/ASX 200 Resources ETF | OZR | $14.52 | +1.9% | +13.9% |
Platinum Capital | PMC | $1.730 | +9.5% | +20.1% |
Perseus Mining | PRU | $5.23 | +7.4% | +101.9% |
Qualitas | QAL | $3.96 | +15.5% | +39.4% |
BetaShares Australian Resources ETF | QRE | $8.43 | +2.6% | +15.2% |
Vaneck International Quality ETF | QUAL | $62.27 | +2.3% | +10.2% |
Regis Resources | RRL | $6.88 | +9.7% | +170.9% |
Scidev | SDV | $0.510 | +70.0% | -17.1% |
Stealth Group Holdings | SGI | $1.250 | +81.2% | +262.3% |
Shriro Holdings | SHM | $0.790 | +9.7% | +12.9% |
Starpharma Holdings | SPL | $0.445 | +64.8% | +354.1% |
SPDR S&P 500 ETF | SPY | $1048.89 | +2.8% | +17.1% |
Smart Parking | SPZ | $1.335 | +23.6% | +83.6% |
Service Stream | SSM | $2.31 | +3.1% | +50.0% |
Transurban Group | TCL | $15.18 | +6.0% | +18.7% |
Tasmea | TEA | $5.30 | +12.1% | +77.3% |
Vault Minerals | VAU | $0.785 | +10.6% | +121.1% |
Vanguard Ethically Conscious International ETF | VESG | $114.39 | +2.9% | +19.0% |
Vanguard All-World Ex-US ETF | VEU | $112.95 | +3.2% | +22.9% |
VGI Partners Global Investments | VG1 | $2.01 | +3.9% | +1.3% |
Vanguard International Shares ETF | VGS | $156.20 | +2.8% | +17.4% |
Vaneck MSCI International Value ETF | VLUE | $32.84 | +5.7% | +26.3% |
Vanguard US Shares ETF | VTS | $515.74 | +2.5% | +16.0% |
Warriedar Resources | WA8 | $0.270 | +5.9% | +400.0% |
SPDR S&P Global Dividend ETF | WDIV | $22.19 | +2.7% | +12.2% |
Wagners Holding Company | WGN | $3.29 | +18.3% | +145.5% |
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: ANZ Group Holdings (ASX: ANZ), Dyno Nobel (ASX: DNL), BetaShares Global Healthcare Currency Hedged ETF (ASX: DRUG), G50 Corp (ASX: G50), GR Engineering Services (ASX: GNG), iShares Global 100 ETF (ASX: IOO), Liontown Resources (ASX: LTR), Mineral Resources (ASX: MIN), Monadelphous Group (ASX: MND), Mont Royal Resources(ASX: MRZ), Northern Star Resources (ASX: NST), Scidev (ASX: SDV), Starpharma Holdings (ASX: SPL), Smart Parking (ASX: SPZ), Vault Minerals (ASX: VAU).
10 Randomly chosen Feature Uptrend Charts:
Downtrends Scan List 📉
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Audinate Group | AD8 | $4.23 | -37.6% | -55.4% |
Adairs | ADH | $1.880 | -24.5% | -27.4% |
Aristocrat Leisure | ALL | $59.42 | -9.4% | -7.7% |
Austin Engineering | ANG | $0.195 | -37.1% | -65.5% |
Appen | APX | $0.690 | -14.8% | -71.7% |
Alliance Aviation Services | AQZ | $1.305 | -37.6% | -52.5% |
ARB Corp. | ARB | $34.09 | -10.5% | -17.9% |
Accent Group | AX1 | $1.225 | -6.5% | -47.7% |
Bapcor | BAP | $2.23 | -28.1% | -53.2% |
Bendigo and Adelaide Bank | BEN | $11.28 | -10.8% | -10.0% |
Boss Energy | BOE | $1.745 | -12.8% | -45.6% |
Bank of Queensland | BOQ | $6.76 | -5.1% | +1.2% |
Brainchip Holdings | BRN | $0.175 | -27.1% | -35.2% |
Car Group | CAR | $34.30 | -4.7% | -13.4% |
Credit Corp Group | CCP | $13.69 | -7.1% | -24.1% |
Coronado Global Resources | CRN | $0.260 | -32.5% | -74.5% |
Digico Infrastructure Reit | DGT | $2.60 | -10.7% | 0% |
Develop Global | DVP | $3.36 | -22.4% | +44.2% |
EML Payments | EML | $0.905 | -4.2% | +38.2% |
Findi | FND | $1.575 | -38.2% | -75.4% |
Goodman Group | GMG | $30.54 | -7.1% | -13.6% |
GQG Partners | GQG | $1.450 | -6.1% | -48.0% |
Gentrack Group | GTK | $7.51 | -6.5% | -18.4% |
Guzman Y Gomez | GYG | $24.38 | -0.6% | -31.8% |
HMC Capital | HMC | $3.05 | -9.5% | -70.6% |
JB HI-FI | JBH | $98.05 | -13.8% | +16.3% |
Judo Capital Holdings | JDO | $1.570 | -4.0% | -19.3% |
James Hardie Industries | JHX | $25.81 | -20.6% | -46.8% |
Kogan.Com | KGN | $3.10 | -6.3% | -36.3% |
Lifestyle Communities | LIC | $5.19 | -5.3% | -44.0% |
Lendlease Group | LLC | $5.45 | +3.4% | -20.0% |
Metal Powder Works | MPW | $2.30 | -25.8% | -52.8% |
Macquarie Group | MQG | $204.83 | -4.6% | -10.4% |
Monash IVF Group | MVF | $0.640 | -12.3% | -45.5% |
Myer Holdings | MYR | $0.390 | -8.2% | -56.9% |
Novonix | NVX | $0.465 | -49.2% | -35.9% |
News Corp. | NWS | $45.96 | +1.5% | -4.7% |
Nuix | NXL | $2.04 | -32.2% | -73.2% |
Orthocell | OCC | $1.100 | -28.1% | +78.9% |
OOH!Media | OML | $1.275 | -8.3% | +2.8% |
Pro Medicus | PME | $257.21 | -10.4% | +26.1% |
Premier Investments | PMV | $17.56 | -5.3% | -30.8% |
Pinnacle Investment | PNI | $17.54 | -5.8% | -14.8% |
REA Group | REA | $204.25 | -7.2% | -12.8% |
Reliance Worldwide Corp. | RWC | $3.97 | +2.3% | -23.7% |
Select Harvests | SHV | $3.63 | -7.4% | -3.5% |
Supply Network | SNL | $32.29 | -8.3% | +5.4% |
The Lottery Corp. | TLC | $5.38 | -3.8% | +7.8% |
Telix Pharmaceuticals | TLX | $14.93 | +4.0% | -35.1% |
Technology One | TNE | $35.61 | -10.4% | +36.8% |
Xero | XRO | $140.00 | -9.4% | -9.8% |
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: Audinate Group (ASX: AD8), Adairs (ASX: ADH), Aristocrat Leisure (ASX: ALL), Alliance Aviation Services (ASX: AQZ), ARB Corp. (ASX: ARB), Bapcor (ASX: BAP), Findi (ASX: FND), Goodman Group (ASX: GMG), HMC Capital (ASX: HMC), Judo Capital Holdings (ASX: JDO), Monash IVF Group (ASX: MVF), News Corp. Class B (ASX: NWS), Orthocell (ASX: OCC), Premier Investments (ASX: PMV), REA Group (ASX: REA), Select Harvests (ASX: SHV), Telix Pharmaceuticals (ASX: TLX), Technology One (ASX: TNE), Xero (ASX: XRO).
10 Randomly chosen Feature Downtrend Charts:
Important considerations when using the ChartWatch Daily ASX Scans:
1. For more information on Carl's trend following information, check out his Technical analysis for beginners: ChartWatch Primer.
2. 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's 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 – so always do your own research!!!

