Technical Analysis

ChartWatch ASX Scans: ARB Corp, Antipa Minerals, Firefly Metals, Goodman, James Hardie, Santana Minerals, Atlas Arteria, Cochlear

Fri 20 Sep 24, 9:00am (AEDT)
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Key Points

  • Interesting uptrends in today's Scans: Antipa Minerals (AZY), Capricorn Metals (CMM), Firefly Metals (FFM), Goodman (GMG), GPT (GPT), James Hardie (JHX), Macmahon (MAH), Macquarie (MQG), Nuix (NXL), Ora Banda (OBM), Santana Minerals (SMI), Zip Co. (ZIP)
  • Interesting downtrends in today's Scans: Ampol (ALD), Atlas Arteria (ALX), Cochlear (COH), Grange Resources (GRR), Megaport (MP1)

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 %

Aussie Broadband

ABB

$3.73

+20.3%

+5.1%

Abacus Group

ABG

$1.340

+23.5%

+25.2%

AGL Energy

AGL

$11.68

-1.0%

+6.6%

Appen

APX

$1.795

+55.4%

+46.2%

ARB Corporation

ARB

$44.89

+7.9%

+32.7%

Aurum Resources

AUE

$0.430

+32.3%

+258.3%

Antipa Minerals

AZY

$0.021

+90.9%

+68.0%

Biome Australia

BIO

$0.810

+63.6%

+523.1%

Breville Group

BRG

$34.81

+12.3%

+54.2%

Catapult Group International

CAT

$2.44

+12.4%

+130.2%

Capricorn Metals

CMM

$6.35

+5.7%

+47.0%

Centuria Capital Group

CNI

$2.05

+24.6%

+32.3%

Charter Hall Social Infrastructure Reit

CQE

$2.86

+6.7%

+3.6%

De Grey Mining

DEG

$1.300

+4.0%

-0.4%

Ebos Group

EBO

$34.34

+2.2%

+6.1%

Echoiq

EIQ

$0.220

+51.7%

+46.7%

Energy Transition Minerals

ETPMAG

$42.10

+3.7%

+25.6%

Firefly Metals

FFM

$1.030

+18.4%

+136.8%

Future Generation Australia

FGX

$1.270

+7.2%

+9.5%

Goodman Group

GMG

$36.50

+13.4%

+61.4%

Growthpoint Properties Australia

GOZ

$2.79

+22.9%

+21.8%

GPT Group

GPT

$5.15

+8.7%

+23.5%

Hearts and Minds Investments

HM1

$2.87

+5.5%

+17.1%

iShares Core MSCI Australia ESG ETF

IESG

$30.59

+3.3%

+17.2%

Incitec Pivot

IPL

$3.13

+6.1%

+10.7%

James Hardie Industries

JHX

$56.41

+10.5%

+31.8%

Lendlease Group

LLC

$7.17

+16.2%

-2.8%

Lynas Rare Earths

LYC

$7.01

+2.9%

-4.0%

Macmahon

MAH

$0.355

+12.7%

+108.8%

MFF Capital Investments

MFF

$4.03

+4.7%

+33.4%

Macquarie Group

MQG

$231.65

+10.2%

+34.4%

Vaneck Australian Property ETF

MVA

$25.02

+10.8%

+23.9%

Northern Star Resources

NST

$15.81

+6.1%

+39.3%

Netwealth Group

NWL

$23.75

+2.5%

+50.2%

Nuix

NXL

$5.83

+20.7%

+316.4%

Ora Banda Mining

OBM

$0.635

+23.3%

+597.8%

Pinnacle Investment Management Group

PNI

$17.37

-2.5%

+88.8%

Raiden Resources

RDN

$0.036

+28.6%

+20.0%

Ridley Corporation

RIC

$2.52

+13.5%

+12.0%

Reliance Worldwide Corporation

RWC

$5.92

+16.1%

+57.9%

St Barbara

SBM

$0.285

+11.8%

+39.0%

Scentre Group

SCG

$3.83

+12.6%

+46.7%

Sandfire Resources

SFR

$9.16

+4.2%

+43.1%

Santana Minerals

SMI

$2.15

+36.1%

+251.0%

Service Stream

SSM

$1.515

+3.8%

+62.9%

Southern Cross Electrical Engineering

SXE

$1.920

+2.1%

+131.3%

Temple & Webster Group

TPW

$11.73

+3.0%

+80.7%

West African Resources

WAF

$1.640

+11.6%

+103.7%

WAM Capital

WAM

$1.615

+5.6%

-5.0%

Xero

XRO

$149.40

+3.5%

+26.4%

Zip Co.

ZIP

$2.60

+18.7%

+712.5%

Today's Uptrends Scan List

Feature charts from today's Uptrends List 🔎📈

ARB Corporation (ASX: ARB), Antipa Minerals (ASX: AZY), Catapult Group International (ASX: CAT), Capricorn Metals (ASX: CMM), Centuria Capital Group (ASX: CNI), Firefly Metals (ASX: FFM), Goodman Group (ASX: GMG), GPT Group (ASX: GPT), James Hardie Industries (ASX: JHX), Macmahon (ASX: MAH), MFF Capital Investments (ASX: MFF), Macquarie Group (ASX: MQG), Vaneck Australian Property ETF (ASX: MVA), Nuix (ASX: NXL), Ora Banda Mining (ASX: OBM), Santana Minerals (ASX: SMI), West African Resources (ASX: WAF), Zip Co. (ASX: ZIP).

Charts of each below:

Antipa Minerals (ASX-AZY) chart 19 September 2024ARB Corporation (ASX-ARB) chart 19 September 2024Capricorn Metals (ASX-CMM) chart 19 September 2024Catapult Group International (ASX-CAT) chart 19 September 2024Centuria Capital Group (ASX-CNI) chart 19 September 2024Firefly Metals (ASX-FFM) chart 19 September 2024Goodman Group (ASX-GMG) chart 19 September 2024GPT Group (ASX-GPT) chart 19 September 2024James Hardie Industries (ASX-JHX) chart 19 September 2024Macmahon (ASX-MAH) chart 19 September 2024Macquarie Group (ASX-MQG) chart 19 September 2024MFF Capital Investments (ASX-MFF) chart 19 September 2024Nuix (ASX-NXL) chart 19 September 2024Ora Banda Mining (ASX-OBM) chart 19 September 2024Santana Minerals (ASX-SMI) chart 19 September 2024Vaneck Australian Property ETF (ASX-MVA) chart 19 September 2024West African Resources (ASX-WAF) chart 19 September 2024Zip Co. (ASX-ZIP) chart 19 September 2024

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

Ampol

ALD

$28.31

-7.8%

-13.9%

Atlas Arteria

ALX

$4.78

-5.7%

-19.9%

APA Group

APA

$7.55

-4.8%

-12.2%

Cochlear

COH

$284.54

-6.3%

+10.1%

Grange Resources

GRR

$0.230

-22.0%

-50.5%

Megaport

MP1

$7.38

-37.4%

-33.0%

Perpetual

PPT

$18.51

-12.8%

-11.9%

Rural Funds Group

RFF

$1.975

-5.5%

-1.0%

Sonic Healthcare

SHL

$26.88

-3.0%

-13.3%

Skycity Entertainment Group

SKC

$1.240

-14.5%

-30.7%

Spark New Zealand

SPK

$3.02

-23.4%

-32.1%

Treasury Wine Estates

TWE

$11.04

-8.3%

-3.4%

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: mpol (ASX: ALD), Atlas Arteria (ASX: ALX), Cochlear (ASX: COH), Grange Resources (ASX: GRR), Megaport (ASX: MP1).

Charts of each below:

Ampol (ASX-ALD) chart 19 September 2024Atlas Arteria (ASX-ALX) chart 19 September 2024Cochlear (ASX-COH) chart 19 September 2024Grange Resources (ASX-GRR) chart 19 September 2024Megaport (ASX-MP1) chart 19 September 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.

 

Written By

Carl Capolingua

Content Editor

Carl has over 30-years 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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