ChartWatch ASX Scans: Breville, Global Data Centre, Polynovo, Karoon Energy, Monadelphous, Woodside Energy
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 Scan Lists: Breville (BRG), Commonwealth Bank (CBA), Coles (COL), Equinox Resources (EQN), Global Data Centre (GDC), National Australia Bank (NAB), Pro Medicus (PME), Polynovo (PNV), and Global X Semiconductor ETF (SEMI)
- Interesting downtrends in today's Scan Lists: Ampol (ALD), Atlas Arteria (ALX), Champion Iron (CIA), Corporate Travel (CTD), IGO (IGO), Karoon Energy (KAR), Monadelphous (MND), Regis Resources (RRL), Transurban (TCL), and Woodside Energy (WDS)
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 % |
|---|---|---|---|---|
Aristocrat Leisure | ALL | $47.38 | +3.6% | +24.4% |
Austin Engineering | ANG | $0.575 | +12.7% | +117.0% |
BetaShares Asia Technology Tigers ETF | ASIA | $9.18 | +1.8% | +22.2% |
Bendigo and Adelaide Bank | BEN | $11.29 | +13.8% | +34.1% |
Breville Group | BRG | $28.09 | +7.2% | +42.2% |
Commonwealth Bank | CBA | $125.49 | +2.6% | +28.9% |
Cochlear | COH | $327.28 | -3.4% | +37.8% |
Coles Group | COL | $17.06 | +3.8% | -4.6% |
Empire Energy Group | EEG | $0.265 | +26.2% | +29.3% |
Vaneck MSCI Multifactor EM Markets ETF | EMKT | $25.23 | +2.2% | +19.0% |
Energy One | EOL | $4.40 | +3.8% | +55.3% |
Equinox Resources | EQN | $0.425 | +70.0% | +157.6% |
Global X Fang+ ETF | FANG | $27.76 | +8.7% | +50.2% |
Global Data Centre Group | GDC | $3.16 | +34.5% | +90.9% |
BetaShares Global Cybersecurity ETF | HACK | $11.41 | -1.6% | +25.4% |
Insurance Australia Group | IAG | $6.61 | +1.7% | +26.4% |
BetaShares India Quality ETF | IIND | $12.39 | +6.7% | +19.2% |
Jumbo Interactive | JIN | $16.85 | -2.4% | +13.6% |
Loftus Peak Global Disruption ETF | LPGD | $4.70 | +4.9% | +42.4% |
Munro Global Growth ETF | MAET | $6.47 | +5.0% | +37.1% |
Macmahon | MAH | $0.290 | +18.4% | +114.8% |
Munro Climate Change Leaders ETF | MCCL | $15.18 | +4.3% | +57.6% |
Magellan Global Fund ETF | MGOC | $3.10 | +2.0% | +20.2% |
National Australia Bank | NAB | $35.26 | +2.0% | +38.2% |
Nuix | NXL | $3.03 | +24.2% | +254.4% |
Pharmaust | PAA | $0.245 | +32.4% | +218.2% |
Propel Funeral Partners | PFP | $5.77 | +3.0% | +33.3% |
Paragon Care | PGC | $0.410 | +13.9% | +69.1% |
Pro Medicus | PME | $133.30 | +11.3% | +105.8% |
Polynovo | PNV | $2.35 | +6.8% | +50.6% |
Vaneck MSCI International Quality ETF | QUAL | $57.41 | +4.5% | +32.9% |
Global X Semiconductor ETF | SEMI | $19.03 | +12.1% | +62.9% |
Supply Network | SNL | $23.10 | +7.7% | +56.1% |
Technology One | TNE | $18.25 | +12.0% | +15.2% |
Westpac Banking Corp. | WBC | $26.97 | +0.9% | +31.9% |
WCM Global Growth | WQG | $1.595 | +6.3% | +34.6% |
Today's Uptrends Scan List
Interesting charts from today's Uptrends List 🔎📈
The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: Breville Group (ASX: BRG), Commonwealth Bank of Australia (ASX: CBA), Coles Group (ASX: COL), Equinox Resources (ASX: EQN), Global Data Centre Group (ASX: GDC), BetaShares India Quality ETF (ASX: IIND), Magellan Global Fund (Open Class) ETF (ASX: MGOC), National Australia Bank (ASX: NAB), Pro Medicus (ASX: PME), Polynovo (ASX: PNV), Global X Semiconductor ETF (ASX: SEMI), WCM Global Growth (ASX: WQG).
Charts of each below:
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Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Ampol | ALD | $32.46 | -9.2% | +8.0% |
Atlas Arteria | ALX | $4.70 | -13.4% | -23.3% |
AMP | AMP | $1.040 | -5.9% | -8.0% |
APA Group | APA | $8.33 | -5.6% | -17.9% |
Arafura Rare Earths | ARU | $0.160 | -20.0% | -52.2% |
Aurizon | AZJ | $3.61 | -3.5% | +1.1% |
Boss Energy | BOE | $4.01 | -29.6% | +23.4% |
Beach Energy | BPT | $1.565 | -8.5% | +17.2% |
Champion Iron | CIA | $6.45 | -10.3% | +3.9% |
Centuria Industrial Reit | CIP | $3.10 | -5.5% | +1.6% |
Collins Foods | CKF | $9.10 | -4.4% | +11.7% |
Charter Hall Long Wale Reit | CLW | $3.43 | -5.5% | -15.5% |
Charter Hall Social Infrastructure Reit | CQE | $2.38 | -8.8% | -18.2% |
Charter Hall Retail Reit | CQR | $3.24 | -5.3% | -10.7% |
Corporate Travel | CTD | $13.24 | -12.8% | -33.6% |
Core Lithium | CXO | $0.087 | -43.9% | -91.5% |
De Grey Mining | DEG | $1.025 | -13.1% | -22.4% |
Domain Australia | DHG | $2.89 | -2.7% | -16.2% |
Domino's Pizza | DMP | $37.02 | -4.0% | -14.2% |
Deterra Royalties | DRR | $4.06 | -15.2% | -10.8% |
Dexus | DXS | $6.47 | -10.9% | -17.8% |
Fletcher Building | FBU | $2.69 | +1.9% | -41.3% |
Fortescue | FMG | $22.98 | -13.6% | +5.9% |
Growthpoint Properties | GOZ | $2.26 | -7.8% | -21.5% |
GPT Group | GPT | $4.00 | -10.1% | -0.5% |
Grange Resources | GRR | $0.320 | -21.0% | -40.2% |
IGO | IGO | $5.98 | -23.0% | -60.1% |
Karoon Energy | KAR | $1.640 | -11.8% | -12.6% |
Lifestyle Communities | LIC | $11.97 | -11.3% | -15.4% |
Arcadium Lithium | LTM | $5.11 | -26.4% | 0% |
Liontown Resources | LTR | $1.000 | -29.8% | -63.9% |
MA Financial Group | MAF | $4.41 | -4.8% | -10.9% |
Mirvac Group | MGR | $1.850 | -14.0% | -15.1% |
McMillan Shakespeare | MMS | $16.89 | -6.7% | +2.6% |
Monadelphous Group | MND | $12.95 | -3.0% | +8.6% |
Mayne Pharma Group | MYX | $4.47 | -28.5% | +9.8% |
Perpetual | PPT | $21.43 | -4.4% | -14.9% |
Regis Resources | RRL | $1.720 | -15.7% | -13.4% |
Sayona Mining | SYA | $0.035 | -27.1% | -80.0% |
Syrah Resources | SYR | $0.385 | -20.6% | -56.1% |
Transurban Group | TCL | $12.38 | -0.8% | -13.2% |
Terracom | TER | $0.210 | -12.5% | -51.2% |
Vicinity Centres | VCX | $1.845 | -6.6% | -0.8% |
Weebit Nano | WBT | $2.25 | -7.4% | -65.0% |
Woodside Energy Group | WDS | $26.98 | -3.4% | -22.1% |
Worley | WOR | $14.05 | -6.0% | -13.3% |
Today's Downtrends Scan List
Interesting charts from today's Downtrends List 🔎📉
The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: Ampol (ASX: ALD), Atlas Arteria (ASX: ALX), Aurizon (ASX: AZJ), Champion Iron (ASX: CIA), Charter Hall Retail Reit (ASX: CQR), Corporate Travel Management (ASX: CTD), Fletcher Building (ASX: FBU), GPT Group (ASX: GPT), IGO (ASX: IGO), Karoon Energy (ASX: KAR), Mirvac Group (ASX: MGR), Monadelphous Group (ASX: MND), Regis Resources (ASX: RRL), Transurban Group (ASX: TCL), Woodside Energy Group (ASX: WDS).
Charts of each below:
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ChartWatch ASX Scans Criteria
Criteria for Uptrends List
Short term uptrend (ST trend ribbon is light green)
Long term uptrend or long term trend is transitioning from down to up (LT trend ribbon is dark green, or LT trend ribbon is amber and contracting)
Demand-side price action (rising peaks and rising troughs is preferred, but based upon weight of evidence of other criteria rising peaks only or rising troughs only may be permitted)
Predominance of demand-side candles (i.e., white bodies and or downward pointing shadows)
The last candle in particular is a strong demand-side candle
Criteria for Downtrends List
Short term downtrend (ST trend ribbon is light pink)
Long term downtrend or long term trend is transitioning from up to down (LT trend ribbon is dark pink, or LT trend ribbon is amber and contracting)
Supply-side price action (falling peaks and falling troughs is preferred, but based upon weight of evidence of other criteria falling peaks only or falling troughs only may be permitted)
Predominance of supply-side candles (i.e., black bodies and or upward pointing shadows)
The last candle in particular is a strong supply-side candle
Important considerations when using the ChartWatch ASX Scan Lists:
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.
