TECHNICAL ANALYSIS

ChartWatch ASX Scans: Austal, Codan, Coles Group, National Australia Bank, Nick Scali, A2 Milk, Ampol, BHP Group, Data#3

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

Lead Writer and Presenter
19 September 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Austal, Codan, Coles Group, National Australia Bank, Nick Scali, A2 Milk, Ampol, BHP Group, Data#3

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Australian Clinical Labs (ACL), Aristocrat (ALL), Austal (ASB), Ausgold (AUC), Codan (CDA), MFF Capital (MFF), Macquarie (MQG), National Aust. Bank (NAB), Nick Scali (NCK), Ora Banda (OBM), Reliance Worldwide (RWC)
  • Interesting downtrends in today's Scans: A2 Milk (A2M), Ampol (ALD), BHP (BHP), Data#3 (DTL), Fleetpartners (FPR), Grange Resources (GRR), NIB (NHF), Spark New Zealand (SPK), Talga Group (TLG), Weebit Nano (WBT)

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 %
Alpha HPA
A4N
$0.980
+21.0%
-3.9%
Australian Clinical Labs
ACL
$3.54
+36.2%
+20.0%
Aristocrat Leisure
ALL
$56.99
+6.5%
+38.8%
AMA Group
AMA
$0.063
+37.0%
+35.5%
ARB Corporation
ARB
$44.17
+4.4%
+29.8%
Austal
ASB
$2.84
+22.4%
+58.2%
Ausgold
AUC
$0.470
+27.0%
+34.3%
Accent Group
AX1
$2.34
+4.0%
+21.6%
Codan
CDA
$15.40
+19.8%
+92.3%
Charter Hall Group
CHC
$16.05
+32.6%
+54.8%
Centuria Industrial Reit
CIP
$3.31
+7.8%
+6.8%
Coles Group
COL
$19.20
+4.7%
+20.7%
Ebos Group
EBO
$33.80
-1.3%
+4.3%
Goodman Group
GMG
$35.95
+7.6%
+58.6%
Growthpoint Properties Australia
GOZ
$2.77
+21.5%
+21.0%
Hearts and Minds Investments
HM1
$2.85
+4.0%
+17.8%
Hub24
HUB
$57.77
+12.1%
+68.9%
BetaShares Australian Dividend Harvester Fund ETF
HVST
$13.60
+2.1%
+9.9%
Judo Capital
JDO
$1.750
+14.4%
+69.9%
MFF Capital Investments
MFF
$3.94
+3.1%
+30.5%
Macquarie Group
MQG
$229.46
+9.2%
+32.5%
Vaneck Australian Banks ETF
MVB
$39.29
+6.7%
+33.9%
National Australia Bank
NAB
$39.42
+6.9%
+32.8%
Nick Scali
NCK
$16.03
+6.3%
+34.5%
NRW
NWH
$3.53
+0.9%
+39.5%
Ora Banda Mining
OBM
$0.600
+18.8%
+545.2%
Opthea
OPT
$0.660
+38.9%
+68.6%
Pointsbet
PBH
$0.675
+37.8%
+65.4%
Perenti
PRN
$1.055
+5.5%
+3.4%
Reece
REH
$28.44
+8.2%
+49.3%
Reliance Worldwide Corporation
RWC
$5.84
+14.1%
+51.7%
Select Harvests
SHV
$4.52
+10.0%
+9.4%
Service Stream
SSM
$1.485
+6.8%
+61.4%
Super Retail Group
SUL
$17.63
+9.5%
+47.4%
Telstra Group
TLS
$4.03
+1.5%
+3.1%
Xero
XRO
$147.85
+2.5%
+19.9%
Today's Uptrends Scan List

Feature charts from today's Uptrends List 🔎📈

Australian Clinical Labs (ASX: ACL), Aristocrat Leisure (ASX: ALL), Austal (ASX: ASB), Ausgold (ASX: AUC), Codan (ASX: CDA), Coles Group (ASX: COL), MFF Capital Investments (ASX: MFF), Macquarie Group (ASX: MQG), National Australia Bank (ASX: NAB), Nick Scali (ASX: NCK), Ora Banda Mining (ASX: OBM), Reliance Worldwide Corporation (ASX: RWC).

Charts of each below:

Aristocrat Leisure (ASX-ALL) chart 18 September 2024 Ausgold (ASX-AUC) chart 18 September 2024 Austal (ASX-ASB) chart 18 September 2024 Australian Clinical Labs (ASX-ACL) chart 18 September 2024 Codan (ASX-CDA) chart 18 September 2024 Coles Group (ASX-COL) chart 18 September 2024 Macquarie Group (ASX-MQG) chart 18 September 2024 MFF Capital Investments (ASX-MFF) chart 18 September 2024 National Australia Bank (ASX-NAB) chart 18 September 2024 Nick Scali (ASX-NCK) chart 18 September 2024 Ora Banda Mining (ASX-OBM) chart 18 September 2024 Reliance Worldwide Corporation (ASX-RWC) chart 18 September 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
The A2 Milk Company
A2M
$5.25
-8.5%
+17.2%
Ampol
ALD
$28.76
-7.3%
-13.4%
BHP Group
BHP
$39.19
-2.6%
-14.2%
Brainchip
BRN
$0.160
-8.6%
-41.8%
Data#3
DTL
$7.62
-11.8%
+11.7%
Fleetpartners Group
FPR
$2.94
-7.8%
+2.4%
Grange Resources
GRR
$0.230
-19.3%
-52.1%
Healthco Healthcare and Wellness Reit
HCW
$1.165
-3.3%
-22.3%
Arcadium Lithium
LTM
$3.57
-9.6%
0%
NIB
NHF
$5.73
-22.5%
-25.8%
Stanmore Resources
SMR
$2.64
-17.0%
-17.5%
Spark New Zealand
SPK
$3.02
-23.0%
-31.7%
Talga Group
TLG
$0.390
-1.3%
-70.9%
Weebit Nano
WBT
$1.830
-12.4%
-56.7%
Wildcat Resources
WC8
$0.210
-23.6%
-28.8%
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: The A2 Milk Company (ASX: A2M), Ampol (ASX: ALD), BHP Group (ASX: BHP), Data#3 (ASX: DTL), Fleetpartners Group (ASX: FPR), Grange Resources (ASX: GRR), NIB (ASX: NHF), Spark New Zealand (ASX: SPK), Talga Group (ASX: TLG), Weebit Nano (ASX: WBT).

Charts of each below:

The A2 Milk Company (ASX-A2M) chart 18 September 2024 Ampol (ASX-ALD) chart 18 September 2024 BHP Group (ASX-BHP) chart 18 September 2024 Data-3 (ASX-DTL) chart 18 September 2024 Fleetpartners Group (ASX-FPR) chart 18 September 2024 Grange Resources (ASX-GRR) chart 18 September 2024 NIB (ASX-NHF) chart 18 September 2024 Spark New Zealand (ASX-SPK) chart 18 September 2024 Talga Group (ASX-TLG) chart 18 September 2024 Weebit Nano (ASX-WBT) chart 18 September 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