TECHNICAL ANALYSIS

ChartWatch ASX Scans: Aurum Resources, Canyon Resources, Resmed, Trigg Minerals, Xero, Yancoal, Flight Centre, Nine Entertainment

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

Lead Writer and Presenter
29 October 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Aurum Resources, Canyon Resources, Resmed, Trigg Minerals, Xero, Yancoal, Flight Centre, Nine Entertainment

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Astral Resources (AAR), Aurum Resources (AUE), Canyon Resources (CAY), Physical Gold ETF (GOLD), Nickel Industries (NIC), Resmed (RMD), Trigg Minerals (TMG), Vulcan Energy (VUL), Xero (XRO), Yancoal (YAL).
  • Interesting downtrends in today's Scans: Bapcor (BAP), Dexus Industria Reit (DXI), Flight Centre Travel Group (FLT), McMillan Shakespeare (MMS), Medibank Private (MPL), Nine Entertainment (NEC), Reece (REH), Rural Funds (RFF), Viva Energy Group (VEA).

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
$0.160
+52.4%
+95.1%
Aristocrat Leisure
ALL
$59.78
+2.8%
+48.1%
Aurum Resources
AUE
$0.500
+9.9%
+316.7%
Auric Mining
AWJ
$0.390
+6.8%
+680.0%
BCI Minerals
BCI
$0.325
+14.0%
+25.6%
Boab Metals
BML
$0.165
+43.5%
+108.9%
Canyon Resources
CAY
$0.175
+76.8%
+272.3%
Downer EDI
DOW
$5.68
+4.2%
+51.1%
Dropsuite
DSE
$4.08
+19.6%
+66.5%
Global X Fang+ ETF
FANG
$28.02
+9.0%
+46.8%
Global X Physical Gold ETF
GOLD
$38.22
+6.9%
+33.8%
BetaShares Global Cybersecurity ETF
HACK
$12.70
+8.0%
+31.9%
Hub24
HUB
$68.65
+16.0%
+121.5%
Hyperion Global Growth Companies Fund ETF
HYGG
$5.64
+7.0%
+43.5%
Insignia Financial
IFL
$3.33
+27.1%
+60.1%
Infratil
IFT
$11.95
+4.6%
+26.5%
Intelligent Monitoring Group
IMB
$0.775
+16.5%
+287.5%
Kina Securities
KSL
$1.070
+5.4%
+40.8%
Loftus Peak Global Disruption Fund ETF
LPGD
$4.99
+5.3%
+51.7%
Metals X
MLX
$0.470
+3.3%
+67.9%
Nickel Industries
NIC
$0.975
+7.1%
+27.5%
Netwealth Group
NWL
$27.68
+9.0%
+117.6%
Predictive Discovery
PDI
$0.285
+5.6%
+21.3%
Pro Medicus
PME
$188.93
+8.6%
+144.3%
Qantas Airways
QAN
$8.12
+9.4%
+68.1%
BetaShares Global Robotics and Artificial Intelligence ETF
RBTZ
$13.95
+2.6%
+26.1%
REA Group
REA
$231.99
+16.0%
+51.4%
Resmed Inc
RMD
$39.07
+11.1%
+74.7%
Block
SQ2
$111.55
+14.6%
+56.8%
Sovereign Metals
SVM
$0.725
+2.1%
+62.9%
Trigg Minerals
TMG
$0.047
+88.0%
+235.7%
Technology One
TNE
$24.55
+3.2%
+60.9%
Vulcan Energy Resources
VUL
$5.14
+13.0%
+128.4%
Xero
XRO
$151.15
+1.6%
+39.4%
Yancoal Australia
YAL
$6.74
+13.3%
+34.5%
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), Aurum Resources (ASX: AUE), Canyon Resources (ASX: CAY), Global X Fang+ ETF (ASX: FANG), Global X Physical Gold ETF (ASX: GOLD), BetaShares Global Cybersecurity ETF (ASX: HACK), Insignia Financial (ASX: IFL), Loftus Peak Global Disruption Fund ETF (ASX: LPGD), Nickel Industries (ASX: NIC), REA Group (ASX: REA), Resmed Inc (ASX: RMD), Trigg Minerals (ASX: TMG), Vulcan Energy Resources (ASX: VUL), Xero (ASX: XRO), Yancoal Australia (ASX: YAL).

Charts of each below:

Astral Resources (ASX-AAR) chart 28 October 2024 Aurum Resources (ASX-AUE) chart 28 October 2024 BetaShares Global Cybersecurity ETF (ASX-HACK) chart 28 October 2024 Canyon Resources (ASX-CAY) chart 28 October 2024 Global X Fang+ ETF (ASX-FANG) chart 28 October 2024 Global X Physical Gold ETF (ASX-GOLD) chart 28 October 2024 Insignia Financial (ASX-IFL) chart 28 October 2024 Loftus Peak Global Disruption Fund ETF (ASX-LPGD) chart 28 October 2024 Nickel Industries (ASX-NIC) chart 28 October 2024 REA Group (ASX-REA) chart 28 October 2024 Resmed Inc (ASX-RMD) chart 28 October 2024 Trigg Minerals (ASX-TMG) chart 28 October 2024 Vulcan Energy Resources (ASX-VUL) chart 28 October 2024 Xero (ASX-XRO) chart 28 October 2024 Yancoal Australia (ASX-YAL) chart 28 October 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
APA Group
APA
$7.13
-8.1%
-11.6%
Arafura Rare Earths
ARU
$0.155
-11.4%
-29.5%
Bapcor
BAP
$4.68
-12.2%
-14.4%
Cooper Energy
COE
$0.180
0%
+80.0%
Dexus Industria Reit.
DXI
$2.73
-5.2%
+7.1%
Flight Centre Travel Group
FLT
$15.68
-30.2%
-14.9%
Fleetpartners Group
FPR
$3.08
+0.7%
+23.2%
Healthco Healthcare and Wellness Reit
HCW
$1.160
+1.8%
-19.7%
Imugene
IMU
$0.048
0%
+9.1%
Kelsian Group
KLS
$4.11
-0.2%
-34.8%
McMillan Shakespeare
MMS
$15.05
-0.1%
-12.4%
Medibank Private
MPL
$3.64
-0.5%
+4.3%
Nine Entertainment
NEC
$1.195
-8.1%
-36.4%
NIB
NHF
$5.91
-0.3%
-18.8%
Polynovo
PNV
$2.13
-19.3%
+86.8%
PWR Holdings
PWH
$8.71
-4.0%
-16.3%
Reece
REH
$23.50
-17.6%
+33.8%
Rural Funds Group
RFF
$1.875
-4.6%
-2.1%
Smartgroup Corporation
SIQ
$7.90
-6.0%
-8.2%
Strike Energy
STX
$0.200
-7.0%
-52.4%
Tyro Payments
TYR
$0.770
-18.5%
-16.8%
Viva Energy Group
VEA
$2.67
-7.9%
-8.2%
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: Bapcor (ASX: BAP), Dexus Industria Reit. (ASX: DXI), Flight Centre Travel Group (ASX: FLT), McMillan Shakespeare (ASX: MMS), Medibank Private (ASX: MPL), Nine Entertainment (ASX: NEC), Reece (ASX: REH), Rural Funds Group (ASX: RFF), Viva Energy Group (ASX: VEA).

Charts of each below:

Bapcor (ASX-BAP) chart 28 October 2024 Dexus Industria Reit. (ASX-DXI) chart 28 October 2024 Flight Centre Travel Group (ASX-FLT) chart 28 October 2024 McMillan Shakespeare (ASX-MMS) chart 28 October 2024 Medibank Private (ASX-MPL) chart 28 October 2024 Nine Entertainment (ASX-NEC) chart 28 October 2024 Reece (ASX-REH) chart 28 October 2024 Rural Funds Group (ASX-RFF) chart 28 October 2024 Viva Energy Group (ASX-VEA) chart 28 October 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