ChartWatch ASX Scans: Bega Cheese, Brainchip, Computershare, Iperionx, News Corp, Origin, Redox, Transurban, Alpha HPA, WA1 Resources
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 Scans: Auckland Airport (AIA), Bega (BGA), Brainchip (BRN), Computershare (CPU), Dalrymple Bay (DBI), Iperionx (IPX), Kina Securities (KSL), NewsCorp (NWS), Origin (ORG), Redox (RDX), Singular Health (SHG), Transurban (TCL).
- Interesting downtrends in today's Scans: Alpha HPA (A4N), Clarity Pharmaceuticals (CU6), Liontown Resources (LTR), WA1 Resources (WA1).
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.
This is the final instalment of ChartWatch ASX Scans for 2024 as it will be on hiatus until Tuesday, January 7. I trust that you found this series useful in 2024 and I look forward to following the trends with you again in 2025! 📈
Uptrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Auckland International Airport | AIA | $7.66 | +13.1% | -2.3% |
AI-Media Technologies | AIM | $0.910 | +29.1% | +237.0% |
Aristocrat Leisure | ALL | $68.76 | +3.4% | +64.7% |
AMP | AMP | $1.615 | +4.9% | +73.7% |
Bega Cheese | BGA | $5.74 | +8.9% | +66.4% |
Breville Group | BRG | $36.04 | +10.9% | +34.4% |
Brainchip | BRN | $0.300 | +27.7% | +62.2% |
Bravura Solutions | BVS | $2.17 | +43.7% | +145.2% |
Vaneck FTSE China A50 ETF | CETF | $58.55 | +5.4% | +28.7% |
Coles Group | COL | $18.78 | +3.8% | +17.0% |
Computershare | CPU | $33.93 | +7.0% | +41.4% |
Dalrymple Bay Infrastructure | DBI | $3.56 | +7.9% | +32.3% |
EZZ Life Science | EZZ | $3.09 | +18.4% | +390.5% |
Global X Fang+ ETF | FANG | $33.22 | +12.7% | +56.9% |
Fineos Corporation | FCL | $1.955 | -4.6% | +10.1% |
Helia Group | HLI | $4.51 | +2.0% | +12.8% |
Insurance Australia Group | IAG | $8.54 | +3.9% | +50.1% |
Iondrive | ION | $0.026 | +136.4% | +13.0% |
Iperionx | IPX | $4.85 | +10.2% | +277.4% |
JB HI-FI | JBH | $95.27 | +5.8% | +85.2% |
Kina Securities | KSL | $1.140 | +7.5% | +46.2% |
Monadelphous Group | MND | $13.55 | +6.7% | -9.8% |
Myer | MYR | $1.205 | +21.1% | +89.8% |
Mystate | MYS | $4.34 | +6.6% | +41.8% |
News Corporation | NWS | $50.66 | +2.6% | +38.0% |
Orthocell | OCC | $1.310 | +114.8% | +240.3% |
Origin Energy | ORG | $10.81 | -1.7% | +28.4% |
Pro Medicus | PME | $255.44 | +15.2% | +174.4% |
Redox | RDX | $4.11 | +7.6% | +74.9% |
Global X Semiconductor ETF | SEMI | $17.27 | +5.6% | +30.2% |
Ricegrowers | SGLLV | $10.50 | +9.4% | +63.3% |
Singular Health Group | SHG | $0.270 | +145.5% | +592.3% |
Transurban Group | TCL | $13.81 | +8.7% | -0.2% |
Telstra Group | TLS | $4.02 | +4.1% | +1.5% |
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: Auckland International Airport (ASX: AIA), Bega Cheese (ASX: BGA), Brainchip (ASX: BRN), Computershare (ASX: CPU), Dalrymple Bay Infrastructure/Notes (ASX: DBI), Iperionx (ASX: IPX), Kina Securities (ASX: KSL), News Corporation (ASX: NWS), Origin Energy (ASX: ORG), Redox (ASX: RDX), Singular Health Group (ASX: SHG), Transurban Group (ASX: TCL).
Charts of each below:
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Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Alpha HPA | A4N | $0.830 | -14.0% | -16.6% |
Arafura Rare Earths | ARU | $0.110 | -12.0% | -29.0% |
Abacus Storage King | ASK | $1.145 | -3.4% | +0.4% |
Clarity Pharmaceuticals | CU6 | $4.22 | -25.7% | +155.0% |
Dexus Industria Reit. | DXI | $2.60 | -2.6% | -9.4% |
Emerald Resources | EMR | $3.40 | -8.1% | +9.3% |
Liontown Resources | LTR | $0.535 | -30.5% | -68.2% |
WA1 Resources | WA1 | $12.48 | -21.1% | +47.9% |
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: Alpha HPA (ASX: A4N), Clarity Pharmaceuticals (ASX: CU6), Liontown Resources (ASX: LTR), WA1 Resources (ASX: WA1).
Charts of each below:
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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.
