Evening Wrap: ASX 200 ekes out gain but major mining and energy stocks implode on China stimulus doubts, tanking commodity prices
Wed 09 Oct 24, 5:37pm (AEDT)
Home
/
News
Technical Analysis
/ChartWatch ASX Scans: Austal, Codan, Coles Group, National Australia Bank, Nick Scali, A2 Milk, Ampol, BHP Group, Data#3
News
Technical Analysis
/ChartWatch ASX Scans: Austal, Codan, Coles Group, National Australia Bank, Nick Scali, A2 Milk, Ampol, BHP Group, Data#3
Technical Analysis
ChartWatch ASX Scans: Austal, Codan, Coles Group, National Australia Bank, Nick Scali, A2 Milk, Ampol, BHP Group, Data#3
Thu 19 Sep 24, 9:00am (AEDT)
Source: Shutterstock
Stocks in article
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:
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:
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
Investing in ASX miners: The high-stakes game of African projects
Kerry Sun · Wed 09 Oct 24, 12:00pm (AEDT)
What’s in store for iron ore this November and December
Carl Capolingua · Wed 09 Oct 24, 11:19am (AEDT)