Technical Analysis

ChartWatch ASX Scans: Appen, Brambles, Insignia Financial, Iondrive, Spartan Resources, Temple & Webster, Audinate, Endeavour, Domino's

Tue 07 Jan 25, 9:00am (AEDT)
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Key Points

  • Interesting uptrends in today's Scans: Australian Dairy Nutritionals (AHF), Appen (APX), Brambles (BXB), GWA (GWA), Insignia Financial (IFL), Iondrive (ION), Qld Pacific Metals (QPM), Spartan Resources (SPR), Transurban Group (TCL), Temple & Webster (TPW).
  • Interesting downtrends in today's Scans: Audinate (AD8), APA (APA), Bellevue Gold (BGL), Corporate Travel (CTD), Clinuvel (CUV), Domino's (DMP), Endeavour (EDV), Elders (ELD), Emerald Resources (EMR), Metals Acquisition (MAC), Megaport (MP1), Seek (SEK).

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 %

Australian Dairy Nutritionals

AHF

$0.089

+97.8%

+493.3%

Auckland International Airport

AIA

$7.85

+8.9%

-3.4%

Appen

APX

$2.94

+23.5%

+374.2%

Airtasker

ART

$0.460

+41.5%

+119.0%

Aroa Biosurgery

ARX

$0.750

+7.1%

-6.8%

BetaShares Asia Technology Tigers ETF

ASIA

$10.31

+6.4%

+38.8%

Bannerman Energy

BMN

$3.51

+28.6%

+30.5%

Botanix Pharmaceuticals

BOT

$0.455

+33.8%

+139.5%

Brambles

BXB

$19.80

+2.4%

+44.7%

Coles Group

COL

$19.03

+0.2%

+17.4%

Computershare

CPU

$35.01

+6.5%

+44.3%

GWA Group

GWA

$2.59

+10.2%

+17.2%

Insignia Financial

IFL

$4.06

+29.7%

+72.8%

Iondrive

ION

$0.032

+57.5%

+57.5%

Pacific Current Group

PAC

$11.93

+11.1%

+37.0%

Queensland Pacific Metals

QPM

$0.062

+37.8%

+26.5%

Global X Semiconductor ETF

SEMI

$17.84

+6.7%

+38.1%

Spartan Resources

SPR

$1.595

+11.9%

+211.7%

Southern Cross Gold

SXG

$3.79

+22.7%

+189.5%

Transurban Group

TCL

$13.74

+6.1%

+0.4%

Tasmea

TEA

$3.16

+0.6%

0%

Temple & Webster Group

TPW

$13.50

+10.1%

+57.2%

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: Australian Dairy Nutritionals (ASX: AHF), Appen (ASX: APX), Brambles (ASX: BXB), GWA Group (ASX: GWA), Insignia Financial (ASX: IFL), Iondrive (ASX: ION), Queensland Pacific Metals (ASX: QPM), Global X Semiconductor ETF (ASX: SEMI), Spartan Resources (ASX: SPR), Transurban Group (ASX: TCL), Temple & Webster Group (ASX: TPW).

Charts of each below:

Appen (ASX-APX) chart 6 January 2025Australian Dairy Nutritionals (ASX-AHF) chart 6 January 2025Brambles (ASX-BXB) chart 6 January 2025Global X Semiconductor ETF (ASX-SEMI) chart 6 January 2025GWA Group (ASX-GWA) chart 6 January 2025Insignia Financial (ASX-IFL) chart 6 January 2025Iondrive (ASX-ION) chart 6 January 2025Queensland Pacific Metals (ASX-QPM) chart 6 January 2025Spartan Resources (ASX-SPR) chart 6 January 2025Temple & Webster Group (ASX-TPW) chart 6 January 2025Transurban Group (ASX-TCL) chart 6 January 2025

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

Alcoa Corporation

AAI

$57.28

-18.5%

0%

Aussie Broadband

ABB

$3.51

-5.6%

-7.4%

Audinate Group

AD8

$7.17

-16.1%

-54.3%

APA Group

APA

$6.93

-4.0%

-18.1%

Arafura Rare Earths

ARU

$0.110

-4.3%

-35.3%

Aurizon

AZJ

$3.24

-4.4%

-14.7%

Bapcor

BAP

$4.52

-1.5%

-18.4%

Bellevue Gold

BGL

$0.985

-21.8%

-40.5%

BHP Group

BHP

$38.98

-4.1%

-21.7%

Brickworks

BKW

$25.06

-4.8%

-8.4%

Collins Foods

CKF

$7.27

-11.9%

-39.0%

Coronado Global Resources

CRN

$0.755

-16.1%

-55.6%

Corporate Travel Management

CTD

$13.08

-6.6%

-32.2%

Clinuvel Pharmaceuticals

CUV

$11.77

-9.2%

-26.1%

Domino's Pizza Enterprises

DMP

$29.35

-11.5%

-48.6%

Droneshield

DRO

$0.735

-1.3%

+90.9%

Deterra Royalties

DRR

$3.73

-3.4%

-28.3%

Data#3

DTL

$6.31

-17.9%

-25.2%

Endeavour Group

EDV

$4.11

-6.6%

-23.5%

Elders

ELD

$7.15

-7.3%

-3.2%

Emerald Resources

EMR

$3.31

-7.3%

+14.5%

Fletcher Building

FBU

$2.49

-9.5%

-41.9%

Flight Centre Travel

FLT

$16.29

-4.5%

-19.8%

Fortescue

FMG

$18.05

-7.1%

-37.4%

Fleetpartners Group

FPR

$2.59

-17.3%

-12.8%

Graincorp

GNC

$7.31

-6.4%

+5.4%

Healthco Health & Wellness Reit

HCW

$0.980

-12.1%

-30.2%

IDP Education

IEL

$12.26

-3.5%

-38.2%

IPH

IPH

$4.90

-3.2%

-23.4%

Johns Lyng Group

JLG

$3.57

-13.8%

-42.0%

Kelsian Group

KLS

$3.60

-7.5%

-48.0%

Metals Acquisition

MAC

$16.78

-15.0%

0%

Mirvac Group

MGR

$1.880

-14.5%

-6.0%

Megaport

MP1

$7.13

-7.8%

-20.8%

Metcash

MTS

$3.10

-9.6%

-11.2%

Nufarm

NUF

$3.55

-8.5%

-31.9%

Nextdc

NXT

$15.10

-8.0%

+11.2%

Orica

ORI

$16.32

-11.0%

+2.4%

PWR Holdings

PWH

$7.76

-7.9%

-16.1%

Reliance Worldwide Corp

RWC

$5.08

-9.0%

+17.9%

Seek

SEK

$22.13

-16.1%

-14.6%

Star Entertainment

SGR

$0.185

-17.8%

-64.8%

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: Alcoa Corporation (ASX: AAI), Audinate Group (ASX: AD8), APA Group (ASX: APA), Bellevue Gold (ASX: BGL), Brickworks (ASX: BKW), Collins Foods (ASX: CKF), Corporate Travel Management (ASX: CTD), Clinuvel Pharmaceuticals (ASX: CUV), Domino's Pizza Enterprises (ASX: DMP), Data#3 (ASX: DTL), Endeavour Group (ASX: EDV), Elders (ASX: ELD), Emerald Resources (ASX: EMR), Fletcher Building (ASX: FBU), Flight Centre Travel Group (ASX: FLT), Graincorp (ASX: GNC), Healthco Healthcare and Wellness Reit (ASX: HCW), Johns Lyng Group (ASX: JLG), Kelsian Group (ASX: KLS), Metals Acquisition (ASX: MAC), Megaport (ASX: MP1), Nufarm (ASX: NUF), Orica (ASX: ORI), PWR Holdings (ASX: PWH), Seek (ASX: SEK).

Charts of each below:

Alcoa Corporation (ASX-AAI) chart 6 January 2025APA Group (ASX-APA) chart 6 January 2025Audinate Group (ASX-AD8) chart 6 January 2025Bellevue Gold (ASX-BGL) chart 6 January 2025Brickworks (ASX-BKW) chart 6 January 2025Clinuvel Pharmaceuticals (ASX-CUV) chart 6 January 2025Collins Foods (ASX-CKF) chart 6 January 2025Corporate Travel Management (ASX-CTD) chart 6 January 2025Data-3 (ASX-DTL) chart 6 January 2025Domino-s Pizza Enterprises (ASX-DMP) chart 6 January 2025Elders (ASX-ELD) chart 6 January 2025Emerald Resources (ASX-EMR) chart 6 January 2025Endeavour Group (ASX-EDV) chart 6 January 2025Fletcher Building (ASX-FBU) chart 6 January 2025Flight Centre Travel Group (ASX-FLT) chart 6 January 2025Graincorp (ASX-GNC) chart 6 January 2025Healthco Healthcare and Wellness Reit (ASX-HCW) chart 6 January 2025Johns Lyng Group (ASX-JLG) chart 6 January 2025Kelsian Group (ASX-KLS) chart 6 January 2025Megaport (ASX-MP1) chart 6 January 2025Metals Acquisition (ASX-MAC) chart 6 January 2025Nufarm (ASX-NUF) chart 6 January 2025Orica (ASX-ORI) chart 6 January 2025PWR Holdings (ASX-PWH) chart 6 January 2025Seek (ASX-SEK) chart 6 January 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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