ChartWatch ASX Scans: Aroa Biosurgery, Firefly Metals, Resolute Mining, Zip Co., Boss Energy, Domino's, Temple & Webster
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.
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Mentioned
KEY POINTS
- Interesting uptrends in today's Scan Lists: Aroa Biosurgery (ARX), Commonwealth Bank (CBA), Catalyst Metals (CYL), Droneshield (DRO), Firefly Metals (FFM), Metro Mining (MMI), Nuix (NXL), Resolute Mining (RSG), Sovereign Metals (SVM), and Zip (ZIP)
- Interesting downtrends in today's Scan Lists: Boss Energy (BOE), Chalice Mining (CHN), Corporate Travel (CTD), Domino's Pizza (DMP), EVT (EVT), James Hardie (JHX), Megaport (MP1), Nine Entertainment (NEC), Seek (SEK), and Temple & Webster (TPW)
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 % |
|---|---|---|---|---|
Actinogen Medical | ACW | $0.065 | +140.7% | +63.4% |
Aml3d | AL3 | $0.170 | +142.9% | +220.7% |
Aurelia Metals | AMI | $0.195 | +5.4% | +97.0% |
Austin Engineering | ANG | $0.605 | +18.6% | +124.1% |
Aroa Biosurgery | ARX | $0.655 | +21.3% | -29.2% |
Austal | ASB | $2.52 | +2.4% | +8.6% |
Alumina | AWC | $1.780 | -4.8% | +27.6% |
Bendigo and Adelaide Bank | BEN | $11.46 | +3.6% | +31.7% |
Bellevue Gold | BGL | $1.965 | +1.6% | +48.3% |
Botanix Pharmaceuticals | BOT | $0.345 | +19.0% | +228.6% |
Capitol Health | CAJ | $0.310 | +26.5% | +17.0% |
Commonwealth Bank of Australia | CBA | $127.86 | +4.4% | +26.7% |
Capricorn Metals | CMM | $5.01 | +7.1% | +20.4% |
Clearvue Technologies | CPV | $0.580 | +18.4% | +251.5% |
Catalyst Metals | CYL | $1.170 | +15.8% | +49.0% |
Dalrymple Bay Infrastructure/Notes | DBI | $3.05 | +10.1% | +15.5% |
Droneshield | DRO | $2.01 | +57.0% | +813.6% |
Fenix Resources | FEX | $0.380 | +13.4% | +33.3% |
Firefly Metals | FFM | $0.825 | +16.2% | +77.4% |
Frontier Energy | FHE | $0.485 | +3.2% | +18.3% |
Global Data Centre Group | GDC | $3.16 | +3.6% | +91.5% |
BetaShares Geared US Equity Fund Currency Hedged ETF | GGUS | $40.16 | +10.5% | +47.9% |
Gold Road Resources | GOR | $1.790 | +9.8% | +16.2% |
GQG Partners | GQG | $3.00 | +15.8% | +113.5% |
Hearts and Minds Investments | HM1 | $2.63 | +4.4% | +15.4% |
Hub24 | HUB | $46.98 | +8.4% | +79.9% |
Insurance Australia Group | IAG | $7.04 | +10.3% | +22.9% |
Light & Wonder | LNW | $157.12 | +8.5% | +58.9% |
Macmahon | MAH | $0.290 | 0% | +87.1% |
Macquarie Technology Group | MAQ | $93.02 | +6.4% | +36.2% |
MFF Capital Investments | MFF | $3.80 | +5.9% | +43.4% |
Metro Mining | MMI | $0.055 | +12.2% | +150.0% |
Macquarie Group | MQG | $205.00 | +6.5% | +15.4% |
Vaneck Australian Banks ETF | MVB | $35.16 | +2.9% | +23.4% |
Netwealth Group | NWL | $21.84 | +4.6% | +56.2% |
News Corporation | NWS | $42.71 | +1.9% | +44.4% |
Nuix | NXL | $3.58 | +18.5% | +293.4% |
Paragon Care | PGC | $0.435 | +11.5% | +89.1% |
Pantoro | PNR | $0.099 | +10.0% | +41.4% |
PYC Therapeutics | PYC | $0.130 | +23.8% | +148.2% |
Qube | QUB | $3.70 | +1.4% | +29.8% |
Rincon Resources | RCR | $0.135 | +42.1% | +92.9% |
REA Group | REA | $193.43 | +5.6% | +36.3% |
Regis Healthcare | REG | $4.29 | +7.8% | +101.4% |
Retail Food Group | RFG | $0.079 | +19.7% | +43.6% |
Resolute Mining | RSG | $0.585 | +7.3% | +42.7% |
Steadfast Group | SDF | $6.22 | +13.9% | +3.7% |
Service Stream | SSM | $1.285 | +3.6% | +53.0% |
Sovereign Metals | SVM | $0.705 | +6.8% | +56.7% |
Tuas | TUA | $4.44 | +14.1% | +117.6% |
Vulcan Energy Resources | VUL | $4.35 | -11.0% | +1.6% |
WA1 Resources | WA1 | $21.30 | +20.0% | +252.1% |
Westpac Banking Corporation | WBC | $27.35 | +2.3% | +28.3% |
Whitehaven Coal | WHC | $8.94 | +7.3% | +32.2% |
Yancoal Australia | YAL | $7.26 | +13.1% | +53.8% |
Zip Co. | ZIP | $1.690 | +57.2% | +293.0% |
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: Actinogen Medical (ASX: ACW), Austin Engineering (ASX: ANG), Aroa Biosurgery (ASX: ARX), Commonwealth Bank of Australia (ASX: CBA), Catalyst Metals (ASX: CYL), Droneshield (ASX: DRO), Firefly Metals (ASX: FFM), GQG Partners (ASX: GQG), Metro Mining (ASX: MMI), Nuix (ASX: NXL), Resolute Mining (ASX: RSG), Steadfast Group (ASX: SDF), Sovereign Metals (ASX: SVM), Zip Co. (ASX: ZIP).
Charts of each below:
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Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Australian Finance Group | AFG | $1.325 | -7.7% | -27.8% |
Atlas Arteria | ALX | $5.03 | -6.5% | -19.5% |
APA Group | APA | $7.88 | -6.1% | -18.7% |
Eagers Automotive | APE | $10.27 | +2.0% | -23.9% |
Abacus Storage King | ASK | $1.125 | -6.3% | 0% |
Bannerman Energy | BMN | $3.16 | -29.8% | +96.3% |
Boss Energy | BOE | $4.07 | -10.4% | +31.3% |
Brambles | BXB | $14.09 | -0.8% | -3.4% |
Credit Corp Group | CCP | $14.46 | +4.4% | -27.4% |
Chalice Mining | CHN | $1.240 | -23.2% | -79.8% |
Centuria Industrial Reit | CIP | $3.04 | -3.5% | -3.5% |
Charter Hall Social Infrastructure Reit | CQE | $2.40 | -0.8% | -18.6% |
Corporate Travel Management | CTD | $13.44 | +2.4% | -25.0% |
Cettire | CTT | $1.300 | -41.7% | -59.1% |
Domain Australia | DHG | $2.92 | +1.4% | -23.8% |
Domino's Pizza Enterprises | DMP | $34.65 | -9.1% | -26.4% |
EVT | EVT | $11.21 | -4.2% | -3.3% |
Fletcher Building | FBU | $2.59 | -12.2% | -46.9% |
GDI Property Group | GDI | $0.560 | -9.7% | -15.8% |
Growthpoint Properties Australia | GOZ | $2.17 | -8.8% | -22.8% |
IDP Education | IEL | $14.55 | -7.3% | -32.8% |
Insignia Financial | IFL | $2.24 | +0.4% | -22.0% |
James Hardie Industries | JHX | $47.35 | +2.2% | +18.1% |
Kogan.Com | KGN | $4.18 | -2.6% | -15.7% |
Kelsian Group | KLS | $4.83 | -6.8% | -34.2% |
Latin Resources | LRS | $0.175 | -30.0% | -39.7% |
Megaport | MP1 | $11.06 | -15.5% | +53.8% |
Nine Entertainment | NEC | $1.335 | -6.0% | -31.9% |
Northern Star Resources | NST | $12.86 | -10.6% | +2.8% |
Pilbara Minerals | PLS | $3.05 | -18.7% | -39.7% |
Regis Resources | RRL | $1.785 | -1.4% | -2.5% |
Seek | SEK | $20.08 | -11.5% | -7.7% |
Stockland | SGP | $4.23 | -7.0% | +5.2% |
Spark New Zealand | SPK | $3.74 | -1.1% | -20.8% |
Sayona Mining | SYA | $0.033 | -23.3% | -82.2% |
Syrah Resources | SYR | $0.335 | -28.0% | -62.1% |
Transurban Group | TCL | $12.33 | -2.1% | -14.1% |
Talga Group | TLG | $0.575 | -4.2% | -60.5% |
Temple & Webster Group | TPW | $9.00 | -6.7% | +58.5% |
Viva Energy Group | VEA | $3.14 | -7.1% | +3.6% |
Weebit Nano | WBT | $2.35 | +4.9% | -52.2% |
Waypoint Reit | WPR | $2.28 | -4.6% | -13.0% |
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: APA Group (ASX: APA), Eagers Automotive (ASX: APE), Boss Energy (ASX: BOE), Brambles (ASX: BXB), Credit Corp Group (ASX: CCP), Chalice Mining (ASX: CHN), Corporate Travel Management (ASX: CTD), Domino's Pizza Enterprises (ASX: DMP), EVT (ASX: EVT), Fletcher Building (ASX: FBU), James Hardie Industries (ASX: JHX), Kelsian Group (ASX: KLS), Megaport (ASX: MP1), Nine Entertainment (ASX: NEC), Seek (ASX: SEK), Temple & Webster Group (ASX: TPW), Viva Energy Group (ASX: VEA).
Charts of each below:
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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.
