TECHNICAL ANALYSIS

ChartWatch ASX Scans: Aristocrat Leisure, Ansell, ANZ, CSL, Iluka Resources, Karoon Energy, Lendlease

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

Lead Writer and Presenter
19 June 2024
This article is more than 12 months old and may be outdated
4 min read
ChartWatch ASX Scans: Aristocrat Leisure, Ansell, ANZ, CSL, Iluka Resources, Karoon Energy, Lendlease

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scan Lists: Aristocrat (ALL), Ansell (ANN), ANZ (ANZ), Commonwealth Bank (CBA), Coles (COL), CSL (CSL), National Australia Bank (NAB), OFX (OFX), Origin (ORG), Polynovo (PNV), and Summit Minerals (SUM)
  • Interesting downtrends in today's Scan Lists: GPT Group (GPT), Hansen Technologies (HSN), Iluka (ILU), Karoon (KAR), Lendlease (LLC), Mirvac (MGR), Nine (NEC), Regis Resources (RRL), Sims (SGM), Weebit Nano (WBT), Woodside Energy (WDS), and Worley (WOR)

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 %
AGL Energy
AGL
$10.42
+1.2%
+7.9%
Argenica Therapeutics
AGN
$0.810
+20.9%
+102.5%
Aristocrat Leisure
ALL
$48.47
+4.7%
+27.1%
ALS
ALQ
$14.55
+4.5%
+25.4%
Austin Engineering
ANG
$0.580
+13.7%
+123.1%
Ansell
ANN
$26.36
+1.4%
+0.3%
ANZ Group
ANZ
$29.24
+3.9%
+26.4%
Australian Unity Office
AOF
$1.400
+5.3%
+17.2%
AUB Group
AUB
$31.18
+1.8%
+16.7%
Bisalloy Steel
BIS
$4.00
+10.5%
+130.7%
Commonwealth Bank
CBA
$127.98
+5.7%
+30.6%
Codan
CDA
$11.31
+4.3%
+46.3%
Cochlear
COH
$332.16
+0.5%
+40.2%
Coles Group
COL
$17.25
+5.8%
-4.1%
Computershare
CPU
$27.14
+1.9%
+19.2%
CSL
CSL
$293.87
+5.0%
+5.1%
Clarity Pharmaceuticals
CU6
$5.24
+26.6%
+582.6%
Droneshield
DRO
$1.540
+71.1%
+555.3%
Diversified United Investment
DUI
$5.19
+4.4%
+6.1%
Vaneck MSCI Multifactor EM Markets ETF
EMKT
$25.31
+2.7%
+18.7%
Fisher & Paykel Healthcare
FPH
$28.91
+9.6%
+34.1%
Global Data Centre Group
GDC
$3.24
+39.1%
+92.9%
Generation Development Group
GDG
$2.33
+6.9%
+91.5%
BetaShares Global Sustainability ETF
HETH
$14.60
+1.8%
+19.7%
Helia Group
HLI
$4.22
+3.7%
+38.0%
Insurance Australia Group
IAG
$6.70
+5.5%
+22.5%
Infratil
IFT
$10.55
+7.2%
+18.5%
Imdex
IMD
$2.34
+8.3%
+27.2%
JB HI-FI
JBH
$64.51
+12.9%
+51.5%
Loftus Peak Global Disruption ETF
LPGD
$4.72
+6.3%
+43.0%
Munro Global Growth Fund ETF
MAET
$6.50
+6.9%
+38.9%
Macmahon
MAH
$0.295
+18.0%
+118.5%
Macquarie Technology Group
MAQ
$90.08
-0.3%
+40.8%
Medadvisor
MDR
$0.445
+32.8%
+89.4%
Macquarie Group
MQG
$195.66
+2.5%
+7.4%
Vaneck Australian Banks ETF
MVB
$35.14
+3.6%
+23.9%
Mystate
MYS
$3.81
+6.7%
+21.3%
National Australia Bank
NAB
$36.00
+4.3%
+40.4%
Navigator Global Investments
NGI
$2.05
+10.5%
+68.1%
NRW
NWH
$3.03
+13.9%
+31.7%
Ora Banda Mining
OBM
$0.380
+18.8%
+192.3%
OFX Group
OFX
$2.20
+37.1%
+12.2%
Origin Energy
ORG
$10.41
+4.9%
+22.8%
Paragon Care
PGC
$0.410
+13.9%
+67.3%
Pinnacle Investment Management
PNI
$13.40
+3.2%
+40.8%
Polynovo
PNV
$2.43
+16.8%
+59.9%
Race Oncology
RAC
$2.01
+29.7%
+31.8%
Regis Healthcare
REG
$4.30
+5.4%
+95.5%
Retail Food Group
RFG
$0.079
+11.3%
+51.9%
Superloop
SLC
$1.510
+12.3%
+130.5%
Summit Minerals
SUM
$0.490
+276.9%
+276.9%
Telix Pharmaceuticals
TLX
$17.20
+11.3%
+56.4%
Tuas
TUA
$4.43
+13.3%
+148.2%
Westpac Banking Corp
WBC
$27.22
+1.7%
+32.9%
Today's Uptrends Scan List

Interesting charts from today's Uptrends List 🔎📈

The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: Aristocrat Leisure (ASX: ALL), ALS (ASX: ALQ), Ansell (ASX: ANN), ANZ Group (ASX: ANZ), Commonwealth Bank of Australia (ASX: CBA), Coles Group (ASX: COL), CSL (ASX: CSL), Insurance Australia Group (ASX: IAG), National Australia Bank (ASX: NAB), OFX Group (ASX: OFX), Origin Energy (ASX: ORG), Polynovo (ASX: PNV), Summit Minerals (ASX: SUM).

Charts of each below:

ALS (ASX-ALQ) chart 18 June 2024 Ansell (ASX-ANN) chart 18 June 2024 ANZ Group (ASX-ANZ) chart 18 June 2024 Aristocrat Leisure (ASX-ALL) chart 18 June 2024 Commonwealth Bank of Australia (ASX-CBA) chart 18 June 2024 Coles Group (ASX-COL) chart 18 June 2024 CSL (ASX-CSL) chart 18 June 2024 Insurance Australia Group (ASX-IAG) chart 18 June 2024 National Australia Bank (ASX-NAB) chart 18 June 2024 OFX Group (ASX-OFX) chart 18 June 2024 Origin Energy (ASX-ORG) chart 18 June 2024 Polynovo (ASX-PNV) chart 18 June 2024 Summit Minerals (ASX-SUM) chart 18 June 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Centuria Industrial Reit
CIP
$3.12
-3.7%
+1.3%
Charter Hall Long Wale Reit
CLW
$3.46
-2.8%
-14.8%
Centuria Office Reit
COF
$1.180
-4.1%
-15.4%
Corporate Travel
CTD
$13.31
-9.8%
-32.8%
Cettire
CTT
$2.25
-16.7%
+17.8%
Domain Australia
DHG
$2.89
+2.1%
-15.5%
Domino's Pizza
DMP
$36.91
-1.1%
-13.4%
Dexus
DXS
$6.45
-8.8%
-18.8%
EVT
EVT
$11.09
-5.1%
-8.3%
Fletcher Building
FBU
$2.71
+0.7%
-41.1%
Fortescue
FMG
$21.79
-19.1%
-3.1%
GPT Group
GPT
$3.98
-7.9%
-2.9%
Healthco Healthcare & Wellness Reit
HCW
$1.135
-2.6%
-17.2%
Hansen Technologies
HSN
$4.06
-10.2%
-18.6%
Iluka Resources
ILU
$6.37
-19.4%
-46.2%
Imugene
IMU
$0.056
-22.2%
-46.7%
Karoon Energy
KAR
$1.645
-10.4%
-16.1%
Lendlease Group
LLC
$5.40
-11.6%
-24.8%
Liontown Resources
LTR
$1.020
-31.8%
-62.8%
Lynas Rare Earths
LYC
$6.04
-13.3%
-15.9%
MA Financial Group
MAF
$4.28
-7.0%
-16.1%
Meteoric Resources
MEI
$0.170
-8.1%
-20.9%
Mirvac Group
MGR
$1.865
-10.3%
-15.6%
Nine Entertainment
NEC
$1.375
-12.1%
-29.5%
Nufarm
NUF
$4.70
-6.4%
-6.4%
Orora
ORA
$1.955
-9.5%
-36.2%
Patriot Battery Metals
PMT
$0.655
-18.1%
-62.0%
Perpetual
PPT
$21.30
-4.1%
-15.9%
Renascor Resources
RNU
$0.085
-29.2%
-52.8%
Regis Resources
RRL
$1.720
-15.3%
-12.0%
Seek
SEK
$22.92
+0.7%
+6.3%
Sims
SGM
$10.48
-3.9%
-31.1%
Sayona Mining
SYA
$0.035
-34.0%
-80.0%
Terracom
TER
$0.205
-12.8%
-53.4%
Talga Group
TLG
$0.565
-28.9%
-58.0%
Vicinity Centres
VCX
$1.855
-4.1%
0%
Vulcan Steel
VSL
$6.81
+0.1%
-11.1%
Weebit Nano
WBT
$2.24
0%
-64.9%
Woodside Energy
WDS
$26.94
-2.1%
-21.8%
Worley
WOR
$13.97
-5.5%
-14.2%
Waypoint Reit
WPR
$2.31
-5.3%
-14.4%
Today's Downtrends Scan List

Interesting charts from today's Downtrends List 🔎📉

The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: Fletcher Building (ASX: FBU), GPT Group (ASX: GPT), Hansen Technologies (ASX: HSN), Iluka Resources (ASX: ILU), Karoon Energy (ASX: KAR), Lendlease Group (ASX: LLC), Mirvac Group (ASX: MGR), Nine Entertainment Co. (ASX: NEC), Orora (ASX: ORA), Regis Resources (ASX: RRL), Sims (ASX: SGM), Weebit Nano (ASX: WBT), Woodside Energy Group (ASX: WDS), Worley (ASX: WOR).

Charts of each below:

Fletcher Building (ASX-FBU) chart 18 June 2024 GPT Group (ASX-GPT) chart 18 June 2024 Hansen Technologies (ASX-HSN) chart 18 June 2024 Iluka Resources (ASX-ILU) chart 18 June 2024 Karoon Energy (ASX-KAR) chart 18 June 2024 Lendlease Group (ASX-LLC) chart 18 June 2024 Mirvac Group (ASX-MGR) chart 18 June 2024 Nine Entertainment Co. (ASX-NEC) chart 18 June 2024 Orora (ASX-ORA) chart 18 June 2024 Regis Resources (ASX-RRL) chart 18 June 2024 Sims (ASX-SGM) chart 18 June 2024 Weebit Nano (ASX-WBT) chart 18 June 2024 Woodside Energy Group (ASX-WDS) chart 18 June 2024 Worley (ASX-WOR) chart 18 June 2024

ChartWatch ASX Scans Criteria

Criteria for Uptrends List

  • Short term uptrend (ST trend ribbon is light green)

  • Long term uptrend or long term trend is transitioning from down to up (LT trend ribbon is dark green, or LT trend ribbon is amber and contracting)

  • Demand-side price action (rising peaks and rising troughs is preferred, but based upon weight of evidence of other criteria rising peaks only or rising troughs only may be permitted)

  • Predominance of demand-side candles (i.e., white bodies and or downward pointing shadows)

  • The last candle in particular is a strong demand-side candle

Criteria for Downtrends List

  • Short term downtrend (ST trend ribbon is light pink)

  • Long term downtrend or long term trend is transitioning from up to down (LT trend ribbon is dark pink, or LT trend ribbon is amber and contracting)

  • Supply-side price action (falling peaks and falling troughs is preferred, but based upon weight of evidence of other criteria falling peaks only or falling troughs only may be permitted)

  • Predominance of supply-side candles (i.e., black bodies and or upward pointing shadows)

  • The last candle in particular is a strong supply-side candle


Important considerations when using the ChartWatch ASX Scan Lists:
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.

24/06/2026