Evening Wrap: ASX 200 slides on broad-based falls, finishes at week's low as Santa rally fades
Fri 06 Dec 24, 5:45pm (AEDT)
Home
/
News
Technical Analysis
/ChartWatch ASX Scans: Aristocrat Leisure, Asian Battery Metals, Chalice Mining, Redox, Rox Resources, Telix Pharma, Guzman y Gomez
News
Technical Analysis
/ChartWatch ASX Scans: Aristocrat Leisure, Asian Battery Metals, Chalice Mining, Redox, Rox Resources, Telix Pharma, Guzman y Gomez
Technical Analysis
ChartWatch ASX Scans: Aristocrat Leisure, Asian Battery Metals, Chalice Mining, Redox, Rox Resources, Telix Pharma, Guzman y Gomez
Wed 06 Nov 24, 9:00am (AEDT)
Source: Shutterstock
Stocks in article
Key Points
- Interesting uptrends in today's Scans: Aristocrat Leisure (ALL), Aurum Resources (AUE), Asian Battery Metals (AZ9), FTSE China A50 ETF (CETF), Chalice Mining (CHN), Macmahon (MAH), Redox (RDX), Rox Resources (RXL), Smart Parking (SPZ), Telix Pharma (TLX).
- Interesting downtrends in today's Scans: Champion Iron (CIA), Coronado Resources (CRN), CSL (CSL), Data#3 (DTL), Elders (ELD), Guzman y Gomez (GYG), Nick Scali (NCK), Nine Entertainment (NEC), OFX Group (OFX), Polynovo (PNV), Woolworths Group (WOW).
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 | $62.43 | +7.7% | +59.7% |
Aurum Resources | AUE | $0.530 | +21.8% | +430.0% |
Asian Battery Metals | AZ9 | $0.105 | +275.0% | -53.3% |
Vaneck FTSE China A50 ETF | CETF | $57.90 | -13.3% | +14.3% |
Chalice Mining | CHN | $1.935 | +20.9% | +8.1% |
Helia Group | HLI | $4.32 | +4.3% | +22.6% |
Imdex | IMD | $2.59 | +8.4% | +49.7% |
iShares China Large-Cap ETF | IZZ | $49.32 | -8.2% | +24.0% |
Lynas Rare Earths | LYC | $7.85 | +2.1% | +10.1% |
Macmahon | MAH | $0.385 | +20.3% | +148.4% |
Redox | RDX | $3.84 | +12.3% | +64.1% |
Regal Investment Fund | RF1 | $3.61 | +6.5% | +33.7% |
Rox Resources | RXL | $0.180 | +50.0% | -19.5% |
Siteminder | SDR | $6.75 | +5.1% | +58.8% |
Scidev | SDV | $0.615 | +3.4% | +127.8% |
Smart Parking | SPZ | $0.755 | +18.9% | +115.7% |
Telix Pharmaceuticals | TLX | $22.41 | +9.4% | +149.6% |
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: Aristocrat Leisure (ASX: ALL), Aurum Resources (ASX: AUE), Asian Battery Metals (ASX: AZ9), Vaneck FTSE China A50 ETF (ASX: CETF), Chalice Mining (ASX: CHN), Macmahon (ASX: MAH), Redox (ASX: RDX), Rox Resources (ASX: RXL), Smart Parking (ASX: SPZ), Telix Pharmaceuticals (ASX: TLX).
Charts of each below:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
Ampol | ALD | $28.02 | -10.4% | -13.1% |
APA Group | APA | $6.91 | -7.6% | -15.9% |
Arafura Rare Earths | ARU | $0.145 | -21.6% | -27.5% |
BWP Trust | BWP | $3.42 | -6.6% | +2.4% |
Challenger | CGF | $5.98 | -11.3% | 0% |
Champion Iron | CIA | $5.93 | -15.4% | -22.4% |
Cooper Energy | COE | $0.165 | -13.2% | +77.4% |
Coronado Global Resources | CRN | $1.000 | -13.8% | -43.2% |
CSL | CSL | $283.99 | -1.7% | +19.3% |
Cettire | CTT | $1.375 | -26.1% | -47.1% |
Dicker Data | DDR | $8.59 | -9.3% | -21.3% |
Domino's Pizza Enterprises | DMP | $31.60 | -11.6% | -38.4% |
Data#3 | DTL | $7.32 | -3.9% | +2.4% |
Dexus Industria Reit. | DXI | $2.64 | -3.7% | +6.0% |
Elders | ELD | $8.39 | -1.8% | +39.8% |
Fortescue | FMG | $19.09 | -6.2% | -17.9% |
Fleetpartners Group | FPR | $2.88 | -6.5% | +5.1% |
Guzman y Gomez | GYG | $35.65 | -8.6% | 0% |
Ingenia Communities Group | INA | $4.70 | -6.2% | +15.8% |
Inghams Group | ING | $2.87 | -1.4% | -26.6% |
IPH | IPH | $5.34 | -6.3% | -22.6% |
James Hardie Industries | JHX | $47.99 | -12.0% | +17.4% |
Mayne Pharma Group | MYX | $4.26 | -7.8% | +15.4% |
Nick Scali | NCK | $13.95 | -13.0% | +26.7% |
Nine Entertainment | NEC | $1.130 | -8.1% | -39.9% |
OFX Group | OFX | $1.345 | -39.7% | -13.5% |
Polynovo | PNV | $1.975 | -21.9% | +58.0% |
Ramsay Health Care | RHC | $39.27 | -7.9% | -21.9% |
Select Harvests | SHV | $3.49 | -4.4% | -11.6% |
Santos | STO | $6.79 | -6.9% | -9.6% |
Viva Energy Group | VEA | $2.61 | -13.9% | -8.4% |
Woolworths Group | WOW | $29.64 | -10.2% | -14.6% |
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: Champion Iron (ASX: CIA), Coronado Global Resources (ASX: CRN), CSL (ASX: CSL), Dicker Data (ASX: DDR), Data#3 (ASX: DTL), Elders (ASX: ELD), Guzman y Gomez (ASX: GYG), IPH (ASX: IPH), Nick Scali (ASX: NCK), Nine Entertainment (ASX: NEC), OFX Group (ASX: OFX), Polynovo (ASX: PNV), Viva Energy Group (ASX: VEA), Woolworths Group (ASX: WOW).
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-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.
Get the latest news and insights direct to your inbox
Latest Articles
Evening Wrap: ASX 200 slides on broad-based falls, finishes at week's low as Santa rally fades
Carl Capolingua · Fri 06 Dec 24, 5:45pm (AEDT)
Big brokers warn of “generational” overvaluations in ANZ, Commonwealth Bank, NAB and Westpac
Carl Capolingua · Fri 06 Dec 24, 1:16pm (AEDT)