TECHNICAL ANALYSIS

ChartWatch ASX Scans: Appen, Airtasker, Bisalloy Steel, Bravura, Iondrive, JB Hi-Fi, Labyrinth Resources, Orthocell, Ricegrowers, Aurizon

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

Lead Writer and Presenter
16 December 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Appen, Airtasker, Bisalloy Steel, Bravura, Iondrive, JB Hi-Fi, Labyrinth Resources, Orthocell, Ricegrowers, Aurizon

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Appen (APX), Airtasker (ART), Bisalloy Steel (BIS), Bravura (BVS), CommBank (CBA), Iondrive (ION), JB HI-FI (JBH), Labyrinth Resources (LRL), Mesoblast (MSB), Orthocell (OCC), Perenti (PRN), Ricegrowers (SGLLV).
  • Interesting downtrends in today's Scans: Aurizon (AZJ), Collins Foods (CKF), Cettire (CTT), Clinuvel Pharmaceuticals (CUV), Healthco Healthcare and Wellness Reit (HCW), Nufarm (NUF), Wildcat Resources (WC8).

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 %
Aristocrat Leisure
ALL
$68.38
+1.8%
+72.2%
Appen
APX
$2.57
-4.5%
+242.7%
Airtasker
ART
$0.390
+30.0%
+129.4%
Antipa Minerals
AZY
$0.028
+40.0%
+100.0%
Bisalloy Steel Group
BIS
$4.44
+22.3%
+91.4%
Beacon Lighting Group
BLX
$3.09
+3.0%
+29.8%
Bravura Solutions
BVS
$2.21
+52.9%
+174.5%
Commonwealth Bank of Australia
CBA
$158.21
+3.5%
+47.3%
Capricorn Metals
CMM
$6.99
+17.5%
+58.5%
Computershare
CPU
$33.17
+12.1%
+40.1%
Guzman y Gomez
GYG
$42.89
+16.2%
0%
BetaShares Global Cybersecurity ETF
HACK
$13.99
+3.7%
+30.1%
iShares Asia 50 ETF
IAA
$111.14
+4.1%
+31.2%
Iondrive
ION
$0.026
+116.7%
+30.0%
JB HI-FI
JBH
$95.00
+8.0%
+93.5%
Loftus Peak Global Disruption Fund ETF
LPGD
$5.33
+4.7%
+42.9%
Labyrinth Resources
LRL
$0.275
+31.0%
+551.7%
Mesoblast
MSB
$1.840
+3.4%
+545.6%
Orthocell
OCC
$1.145
+72.2%
+182.7%
Perenti
PRN
$1.310
+11.5%
+27.8%
Red Hill Minerals
RHI
$4.31
+12.2%
+28.0%
Global X Semiconductor ETF
SEMI
$17.03
+3.2%
+32.3%
Ricegrowers
SGLLV
$10.70
+16.7%
+68.3%
Telix Pharmaceuticals
TLX
$24.53
+7.1%
+156.6%
Weebit Nano
WBT
$3.06
-7.0%
-18.8%
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: Appen (ASX: APX), Airtasker (ASX: ART), Bisalloy Steel Group (ASX: BIS), Bravura Solutions (ASX: BVS), Commonwealth Bank of Australia (ASX: CBA), BetaShares Global Cybersecurity ETF (ASX: HACK), Iondrive (ASX: ION), JB HI-FI (ASX: JBH), Labyrinth Resources (ASX: LRL), Mesoblast (ASX: MSB), Orthocell (ASX: OCC), Perenti (ASX: PRN), Ricegrowers (ASX: SGLLV).

Charts of each below:

Airtasker (ASX-ART) chart 13 December 2024 Appen (ASX-APX) chart 13 December 2024 BetaShares Global Cybersecurity ETF (ASX-HACK) chart 13 December 2024 Bisalloy Steel Group (ASX-BIS) chart 13 December 2024 Bravura Solutions (ASX-BVS) chart 13 December 2024 Commonwealth Bank of Australia (ASX-CBA) chart 13 December 2024 Iondrive (ASX-ION) chart 13 December 2024 JB HI-FI (ASX-JBH) chart 13 December 2024 Labyrinth Resources (ASX-LRL) chart 13 December 2024 Mesoblast (ASX-MSB) chart 13 December 2024 Orthocell (ASX-OCC) chart 13 December 2024 Perenti (ASX-PRN) chart 13 December 2024 Ricegrowers (ASX-SGLLV) chart 13 December 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Abacus Group
ABG
$1.140
-6.2%
+1.8%
Australian Finance Group
AFG
$1.520
-5.3%
-2.9%
ARB Corporation
ARB
$39.09
-5.8%
+16.0%
Aurizon
AZJ
$3.31
-2.6%
-10.8%
Collins Foods
CKF
$7.69
-9.1%
-33.2%
Cettire
CTT
$1.120
-23.5%
-59.1%
Clarity Pharmaceuticals
CU6
$4.54
-35.9%
+207.7%
Clinuvel Pharmaceuticals
CUV
$12.13
-10.3%
-28.9%
Dexus
DXS
$6.79
-2.6%
-10.2%
Healthco Healthcare and Wellness Reit
HCW
$1.030
-8.4%
-27.7%
Imugene
IMU
$0.039
-11.4%
-54.7%
Latin Resources
LRS
$0.155
-26.2%
-22.5%
Lynas Rare Earths
LYC
$6.86
-6.5%
+13.8%
Meteoric Resources
MEI
$0.088
-16.2%
-60.0%
Mirvac Group
MGR
$1.995
-6.3%
-6.3%
Nufarm
NUF
$3.70
-4.6%
-24.0%
Pilbara Minerals
PLS
$2.26
-29.2%
-35.4%
PWR Holdings
PWH
$8.00
-13.8%
-17.1%
Pexa Group
PXA
$12.39
-7.8%
+3.4%
Syrah Resources
SYR
$0.180
-23.4%
-72.4%
Transurban Group
TCL
$12.73
+2.0%
-4.2%
Vicinity Centres
VCX
$2.03
-4.2%
+2.8%
Wildcat Resources
WC8
$0.225
-28.6%
-68.1%
Waypoint Reit
WPR
$2.36
-4.8%
-3.7%
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: Aurizon (ASX: AZJ), Collins Foods (ASX: CKF), Cettire (ASX: CTT), Clinuvel Pharmaceuticals (ASX: CUV), Healthco Healthcare and Wellness Reit (ASX: HCW), Nufarm (ASX: NUF), Wildcat Resources (ASX: WC8).

Charts of each below:

Aurizon (ASX-AZJ) chart 13 December 2024 Cettire (ASX-CTT) chart 13 December 2024 Clinuvel Pharmaceuticals (ASX-CUV) chart 13 December 2024 Collins Foods (ASX-CKF) chart 13 December 2024 Healthco Healthcare and Wellness Reit (ASX-HCW) chart 13 December 2024 Nufarm (ASX-NUF) chart 13 December 2024 Wildcat Resources (ASX-WC8) chart 13 December 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.

05/06/2026