TECHNICAL ANALYSIS

ChartWatch ASX Scans: Astral Resources, CommBank, Noviqtech, Wesfarmers. Chalice Mining, Lifestyle Communities, Paladin, Pilbara Minerals

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

Lead Writer and Presenter
10 December 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Astral Resources, CommBank, Noviqtech, Wesfarmers. Chalice Mining, Lifestyle Communities, Paladin, Pilbara Minerals

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Astral Resources (AAR), Breville Group (BRG), Commonwealth Bank of Australia (CBA), Codan (CDA), Capricorn Metals (CMM), Genesis Minerals (GMD), Noviqtech (NVQ), Superloop (SLC), Solvar (SVR), Wesfarmers (WES).
  • Interesting downtrends in today's Scans: Chalice Mining (CHN), Clinuvel Pharma (CUV), Elders (ELD), Iluka (ILU), Lifestyle Communities (LIC), Liontown (LTR), Novonix (NVX), Paladin (PDN), Pilbara Minerals (PLS), Rural Funds (RFF), Whitehaven Coal (WHC).

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 %
Astral Resources
AAR
$0.150
+7.1%
+97.4%
ASX
ASX
$69.58
+6.1%
+18.1%
Avita Medical
AVH
$4.13
+18.0%
+11.0%
BetaShares Global Shares ETF
BGBL
$73.58
+6.1%
+31.3%
Breville Group
BRG
$37.11
+19.1%
+53.3%
Commonwealth Bank of Australia
CBA
$159.38
+6.7%
+49.9%
Codan
CDA
$16.58
+4.0%
+97.9%
Capricorn Metals
CMM
$7.02
+12.7%
+44.4%
Vaneck Emerging Opportunities ETF
EBND
$10.42
+0.2%
+4.6%
Genesis Minerals
GMD
$2.67
+19.2%
+41.3%
Global X Artificial Intelligence ETF
GXAI
$12.34
+8.0%
0%
Hyperion Global Growth ETF
HYGG
$6.92
+17.1%
+55.9%
Insurance Australia Group
IAG
$8.65
+11.2%
+43.9%
iShares S&P MID-Cap ETF
IJH
$52.24
+5.7%
+31.1%
Kogan.Com
KGN
$5.68
+16.6%
+6.4%
Kelly Partners Group
KPG
$9.85
+18.1%
+105.2%
L1 Capital International ETF
L1IF
$6.58
+4.3%
+33.2%
Munro Climate Change Leaders ETF
MCCL
$17.92
+5.9%
+82.1%
MFF Capital Investments
MFF
$4.44
+6.2%
+47.0%
Metro Mining
MMI
$0.063
+23.5%
+231.6%
Vaneck Morningstar Wide Moat ETF
MOAT
$134.67
+5.8%
+17.2%
Macquarie Global Equity ETF
MQEG
$11.77
+6.2%
0%
Noviqtech
NVQ
$0.150
+614.3%
+275.0%
News Corporation
NWS
$50.58
+4.9%
+46.4%
Pointsbet
PBH
$1.020
+15.3%
+156.5%
Vaneck MSCI International Quality ETF
QUAL
$59.08
+4.6%
+26.9%
Ramelius Resources
RMS
$2.31
+6.9%
+42.6%
Global X Robotics & Automation ETF
ROBO
$79.69
+4.2%
+14.7%
Superloop
SLC
$2.30
+17.3%
+235.8%
Washington H Soul Pattinson
SOL
$35.61
+6.2%
+5.0%
Solvar
SVR
$1.580
+25.4%
+46.3%
Telstra Group
TLS
$4.01
+3.4%
+4.2%
Trigg Minerals
TMG
$0.047
0%
+176.5%
BetaShares S&P 500 Yield Maximiser ETF
UMAX
$27.16
+5.7%
+26.2%
Unibail-Rodamco-Westfield
URW
$6.40
+9.4%
+24.3%
Wesfarmers
WES
$74.59
+9.0%
+39.9%
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: Astral Resources (ASX: AAR), Breville Group (ASX: BRG), Commonwealth Bank of Australia (ASX: CBA), Codan (ASX: CDA), Capricorn Metals (ASX: CMM), Genesis Minerals (ASX: GMD), Noviqtech (ASX: NVQ), Superloop (ASX: SLC), Solvar (ASX: SVR), Wesfarmers (ASX: WES).

Charts of each below:

Astral Resources (ASX-AAR) chart 9 December 2024 Breville Group (ASX-BRG) chart 9 December 2024 Capricorn Metals (ASX-CMM) chart 9 December 2024 Codan (ASX-CDA) chart 9 December 2024 Commonwealth Bank of Australia (ASX-CBA) chart 9 December 2024 Genesis Minerals (ASX-GMD) chart 9 December 2024 Noviqtech (ASX-NVQ) chart 9 December 2024 Solvar (ASX-SVR) chart 9 December 2024 Superloop (ASX-SLC) chart 9 December 2024 Wesfarmers (ASX-WES) chart 9 December 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Ampol
ALD
$28.03
-1.0%
-17.7%
Eagers Automotive
APE
$11.25
-3.2%
-15.0%
Boss Energy
BOE
$2.55
-20.6%
-38.6%
BWP Trust
BWP
$3.31
-2.6%
-7.0%
Challenger
CGF
$5.98
-4.0%
-2.4%
Chalice Mining
CHN
$1.250
-20.4%
-19.6%
Centuria Industrial Reit
CIP
$2.87
-5.0%
-7.7%
Cromwell Property Group
CMW
$0.370
-6.3%
-15.9%
Centuria Office Reit
COF
$1.120
-5.5%
-13.8%
Charter Hall Infrastructure Reit
CQE
$2.56
-1.9%
-6.9%
Charter Hall Retail Reit
CQR
$3.23
-3.9%
-5.0%
Cettire
CTT
$1.250
-12.9%
-60.2%
Clarity Pharmaceuticals
CU6
$5.64
-21.7%
+316.0%
Clinuvel Pharmaceuticals
CUV
$12.41
-9.4%
-29.1%
Domain Australia
DHG
$2.72
+1.5%
-19.0%
Domino's Pizza Enterprises
DMP
$31.68
+3.9%
-41.3%
Dexus Industria Reit.
DXI
$2.60
-1.1%
-5.8%
Dexus
DXS
$6.86
-3.4%
-5.1%
Endeavour Group
EDV
$4.29
-9.3%
-17.5%
Elders
ELD
$7.46
-14.8%
+4.6%
Fletcher Building
FBU
$2.56
-10.2%
-39.9%
Healthco Health & Wellness Reit
HCW
$1.050
-5.8%
-25.3%
Homeco Daily Needs Reit
HDN
$1.180
-5.6%
-1.3%
IDP Education
IEL
$12.64
-10.9%
-46.5%
IGO
IGO
$4.96
-6.4%
-36.6%
Iluka Resources
ILU
$4.84
-17.0%
-29.5%
Ioneer
INR
$0.170
-20.9%
+21.4%
Iress
IRE
$8.87
-10.9%
+9.6%
Kelsian Group
KLS
$3.74
-2.1%
-43.4%
Lifestyle Communities
LIC
$8.57
-5.7%
-46.2%
Latin Resources
LRS
$0.145
-23.7%
-23.7%
Liontown Resources
LTR
$0.610
-26.9%
-53.4%
Meteoric Resources
MEI
$0.087
-17.1%
-57.6%
Mirvac Group
MGR
$2.10
0%
0%
McMillan Shakespeare
MMS
$14.94
-1.7%
-14.8%
Neuren Pharmaceuticals
NEU
$12.74
-23.1%
-15.9%
Novonix
NVX
$0.640
-11.7%
-8.6%
Nextdc
NXT
$16.25
-3.0%
+22.5%
OFX Group
OFX
$1.375
-2.8%
-3.8%
OOH!Media
OML
$1.240
0%
-11.1%
Paladin Energy
PDN
$7.47
-23.1%
-26.0%
Pilbara Minerals
PLS
$2.15
-27.9%
-37.0%
PWR Holdings
PWH
$8.13
-15.6%
-17.3%
Pexa Group
PXA
$12.77
-7.1%
+6.8%
Rural Funds Group
RFF
$1.770
-4.8%
-11.5%
Region Group
RGN
$2.13
-1.4%
-0.5%
Ramsay Health Care
RHC
$39.45
+1.9%
-19.8%
Resolute Mining
RSG
$0.405
-39.6%
-8.0%
Spark New Zealand
SPK
$2.61
-4.7%
-46.6%
Sayona Mining
SYA
$0.029
-6.5%
-48.2%
Tyro Payments
TYR
$0.870
+5.5%
-17.1%
Wildcat Resources
WC8
$0.225
-29.7%
-66.7%
Whitehaven Coal
WHC
$6.33
-7.7%
-10.7%
Waypoint Reit
WPR
$2.41
-2.8%
+0.8%
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: Challenger (ASX: CGF), Chalice Mining (ASX: CHN), Centuria Office Reit (ASX: COF), Charter Hall Retail Reit (ASX: CQR), Clinuvel Pharmaceuticals (ASX: CUV), Elders (ASX: ELD), Iluka Resources (ASX: ILU), Lifestyle Communities (ASX: LIC), Liontown Resources (ASX: LTR), Novonix (ASX: NVX), Paladin Energy (ASX: PDN), Pilbara Minerals (ASX: PLS), Rural Funds Group (ASX: RFF), Whitehaven Coal (ASX: WHC), Waypoint Reit (ASX: WPR).

Charts of each below:

Centuria Office Reit (ASX-COF) chart 9 December 2024 Chalice Mining (ASX-CHN) chart 9 December 2024 Challenger (ASX-CGF) chart 9 December 2024 Charter Hall Retail Reit (ASX-CQR) chart 9 December 2024 Clinuvel Pharmaceuticals (ASX-CUV) chart 9 December 2024 Elders (ASX-ELD) chart 9 December 2024 Iluka Resources (ASX-ILU) chart 9 December 2024 Lifestyle Communities (ASX-LIC) chart 9 December 2024 Liontown Resources (ASX-LTR) chart 9 December 2024 Novonix (ASX-NVX) chart 9 December 2024 Paladin Energy (ASX-PDN) chart 9 December 2024 Pilbara Minerals (ASX-PLS) chart 9 December 2024 Rural Funds Group (ASX-RFF) chart 9 December 2024 Waypoint Reit (ASX-WPR) chart 9 December 2024 Whitehaven Coal (ASX-WHC) chart 9 December 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.

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.

04/06/2026