Evening Wrap: ASX 200 rebounds as resources and energy sectors bolstered by strong gains in iron ore, coal, and uranium stocks
Tue 14 Jan 25, 6:01pm (AEDT)
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Technical Analysis
/ChartWatch ASX Scans: Aristocrat Leisure, AMP, Aroa Biosurgery, De Grey Mining, Genesis Minerals, Larvotto Resources, MTM Critical Metals
Technical Analysis
ChartWatch ASX Scans: Aristocrat Leisure, AMP, Aroa Biosurgery, De Grey Mining, Genesis Minerals, Larvotto Resources, MTM Critical Metals
Thu 09 Jan 25, 9:00am (AEDT)
Source: Shutterstock
Stocks in article
Key Points
- Interesting uptrends in today's Scans: Aristocrat (ALL), AMP (AMP), Eagers Automotive (APE), Aroa Biosurgery (ARX), De Grey Mining (DEG), Genesis Minerals (GMD), Larvotto Resources (LRV), MTM Critical Metals (MTM), Readytech (RDY), SKS Technologies (SKS).
- Interesting downtrends in today's Scans: Abacus Storage King (ASK), Centuria Industrial Reit (CIP), Dicker Data (DDR), Elders (ELD), Growthpoint Properties (GOZ), Healthco Health & Wellness Reit (HCW), Homeco Daily Needs Reit (HDN).
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 % |
Adairs | ADH | $2.76 | -3.2% | +57.7% |
Air New Zealand | AIZ | $0.545 | +6.9% | -8.4% |
Aristocrat Leisure | ALL | $71.56 | +2.6% | +80.1% |
AMP | AMP | $1.645 | -0.9% | +70.5% |
Eagers Automotive | APE | $12.52 | +9.9% | -10.2% |
Aroa Biosurgery | ARX | $0.800 | +14.3% | +1.3% |
Bega Cheese | BGA | $5.79 | +8.2% | +68.8% |
Computershare | CPU | $34.77 | +4.8% | +41.1% |
De Grey Mining | DEG | $1.870 | -2.1% | +58.8% |
Energy Transition Minerals | ETM | $0.079 | +216.0% | +107.9% |
Genesis Minerals | GMD | $2.69 | +2.3% | +65.5% |
Insurance Australia Group | IAG | $8.59 | -0.6% | +49.9% |
JB HI-FI | JBH | $96.14 | +2.1% | +84.4% |
Larvotto Resources | LRV | $0.690 | +26.6% | +820.0% |
MTM Critical Metals | MTM | $0.280 | +80.6% | +483.3% |
Origin Energy | ORG | $11.00 | +3.6% | +30.5% |
Readytech | RDY | $3.19 | +10.0% | -4.8% |
Global X Robo Global Robotics & Automation ETF | ROBO | $81.49 | +3.4% | +15.1% |
SKS Technologies Group | SKS | $2.16 | +8.0% | +800.0% |
Spartan Resources | SPR | $1.625 | +3.5% | +214.5% |
Suncorp Group | SUN | $19.69 | -0.4% | +40.7% |
Temple & Webster Group | TPW | $14.35 | +9.8% | +67.8% |
Tivan | TVN | $0.115 | +85.5% | +55.4% |
Westpac Banking Corporation | WBC | $33.33 | +0.3% | +46.6% |
Wisetech Global | WTC | $127.05 | -3.8% | +79.6% |
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: Air New Zealand (ASX: AIZ), Aristocrat Leisure (ASX: ALL), AMP (ASX: AMP), Eagers Automotive (ASX: APE), Aroa Biosurgery (ASX: ARX), De Grey Mining (ASX: DEG), Genesis Minerals (ASX: GMD), Larvotto Resources (ASX: LRV), MTM Critical Metals (ASX: MTM), Readytech (ASX: RDY), Global X Robo Global Robotics & Automation ETF (ASX: ROBO), SKS Technologies Group (ASX: SKS), Spartan Resources (ASX: SPR).
Charts of each below:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
The A2 Milk Company | A2M | $5.60 | -3.4% | +35.9% |
Abacus Storage King | ASK | $1.125 | -6.3% | +4.2% |
BWP Trust | BWP | $3.32 | -2.6% | -3.8% |
Centuria Industrial Reit | CIP | $2.82 | -3.1% | -11.6% |
Centuria Capital Group | CNI | $1.775 | -9.7% | +6.3% |
Charter Hall Retail Reit | CQR | $3.18 | -2.8% | -9.7% |
Corporate Travel Management | CTD | $12.96 | -6.4% | -31.9% |
Dicker Data | DDR | $8.35 | -4.0% | -28.0% |
Elders | ELD | $7.02 | -7.8% | -5.5% |
Growthpoint Properties Australia | GOZ | $2.38 | -6.7% | +0.4% |
Healthco Healthcare and Wellness Reit | HCW | $0.960 | -12.3% | -29.7% |
Homeco Daily Needs Reit | HDN | $1.150 | -5.4% | -5.4% |
Kelsian Group | KLS | $3.60 | -7.2% | -47.9% |
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: Abacus Storage King (ASX: ASK), Centuria Industrial Reit (ASX: CIP), Dicker Data (ASX: DDR), Elders (ASX: ELD), Growthpoint Properties Australia (ASX: GOZ), Healthco Healthcare and Wellness Reit (ASX: HCW), Homeco Daily Needs Reit (ASX: HDN), .
Charts of each below:
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.
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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