ChartWatch ASX Scans: Catapult, Clarity Pharmaceuticals, Sovereign Metals, Terra Metals, IDP Education, MA Financial, Omni Bridgeway
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: Asia Tech Tigers ETF (ASIA), Anson Resources (ASN), Catapult (CAT), CSL (CSL), Clarity Pharmaceuticals (CU6), Frontier Energy (FHE), Perseus Mining (PRU), Sovereign Metals (SVM), Terra Metals (TM1), and Xero (XRO)
- Interesting downtrends in today's Scans: Alpha HPA (A4N), Audinate (AD8), Collins Foods (CKF), Calix (CXL), EVT (EVT), IDP Education (IEL), MA Financial (MAF), Monadelphous (MND), Omni Bridgeway (OBL), Block (SQ2), and Wildcat Resources (WC8)
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 % |
|---|---|---|---|---|
Aurora Labs | A3D | $0.092 | +17.9% | +240.7% |
Actinogen Medical | ACW | $0.074 | +124.2% | +90.5% |
Aristocrat Leisure | ALL | $52.01 | +11.6% | +42.5% |
ARB Corporation | ARB | $38.99 | +2.2% | +37.4% |
American Rare Earths | ARR | $0.295 | +31.1% | +78.8% |
BetaShares Asia Tech Tigers ETF | ASIA | $9.49 | +5.3% | +31.3% |
Anson Resources | ASN | $0.160 | +52.4% | 0% |
BetaShares S&P/ASX Australian Tech ETF | ATEC | $24.40 | +2.0% | +33.3% |
AUB Group | AUB | $32.41 | +3.9% | +12.8% |
Catapult Group | CAT | $2.01 | +8.6% | +136.5% |
Commonwealth Bank | CBA | $129.92 | +4.7% | +31.9% |
Capricorn Metals | CMM | $5.26 | +18.2% | +29.6% |
Coles Group | COL | $17.35 | +2.2% | -2.6% |
CSL | CSL | $302.04 | +7.0% | +14.4% |
Clarity Pharmaceuticals | CU6 | $5.57 | +8.2% | +625.6% |
Catalyst Metals | CYL | $1.510 | +53.3% | +93.6% |
Cyprium Metals | CYM | $0.049 | +16.7% | -38.6% |
Djerriwarrh Investments | DJW | $3.11 | +4.4% | +9.9% |
Deep Yellow | DYL | $1.490 | +3.5% | +101.4% |
Empire Energy Group | EEG | $0.270 | +17.4% | +63.6% |
EQT | EQT | $33.58 | +5.1% | +31.8% |
EZZ Life Science | EZZ | $1.980 | +70.7% | +244.3% |
Fenix Resources | FEX | $0.385 | +20.3% | +40.0% |
Future Generation Global | FGG | $1.320 | +1.5% | +12.3% |
Frontier Energy | FHE | $0.550 | +22.2% | +46.7% |
Flight Centre Travel Group | FLT | $21.61 | +12.6% | +15.1% |
Global Data Centre Group | GDC | $3.20 | +4.2% | +93.4% |
G8 Education | GEM | $1.280 | +9.4% | +26.1% |
Genesis Minerals | GMD | $1.955 | +8.9% | +63.6% |
Hearts and Minds Investments | HM1 | $2.63 | +3.1% | +14.8% |
Hyterra | HYT | $0.048 | +71.4% | +185.8% |
Horizon Oil | HZN | $0.200 | +21.2% | +42.9% |
iShares Asia 50 ETF | IAA | $105.35 | +6.4% | +20.4% |
Light & Wonder | LNW | $157.43 | +8.6% | +51.4% |
Loftus Peak Global Disruption Fund ETF | LPGD | $4.80 | +5.0% | +46.8% |
Munro Global Growth Fund ETF | MAET | $6.41 | +0.3% | +37.6% |
Macquarie Technology Group | MAQ | $98.01 | +11.7% | +48.5% |
MFF Capital Investments | MFF | $3.85 | +7.2% | +45.3% |
Maas Group | MGH | $4.26 | +2.7% | +71.1% |
Newmont Corporation | NEM | $67.58 | +10.4% | 0% |
NRW | NWH | $3.09 | +4.4% | +24.1% |
News Corporation | NWS | $42.60 | +1.3% | +44.3% |
Nextdc | NXT | $18.35 | +3.6% | +47.6% |
Propel Funeral Partners | PFP | $5.96 | +7.6% | +41.9% |
Paragon Care | PGC | $0.440 | +10.0% | +63.0% |
Perseus Mining | PRU | $2.64 | +14.8% | +62.5% |
Power | PWH | $11.68 | +5.0% | +35.5% |
BetaShares Gold Bullion Hedged ETF | QAU | $19.84 | +2.9% | +21.3% |
Qube | QUB | $3.78 | +4.4% | +37.0% |
Race Oncology | RAC | $1.885 | -0.3% | +45.0% |
REA Group | REA | $200.42 | +7.6% | +43.3% |
Global X Semiconductor ETF | SEMI | $19.00 | +4.0% | +66.7% |
SG Fleet Group | SGF | $3.24 | +11.7% | +51.4% |
Washington H Soul Pattinson & Co. | SOL | $33.95 | +5.2% | +9.7% |
Service Stream | SSM | $1.325 | +7.3% | +61.6% |
Sovereign Metals | SVM | $0.750 | +26.1% | +68.5% |
Southern Cross Electrical Engineering | SXE | $1.760 | +15.0% | +168.7% |
Terra Metals | TM1 | $0.105 | +133.3% | +118.8% |
Vanguard FTSE Asia EX Japan Index ETF | VAE | $75.45 | +2.0% | +13.3% |
Vanguard FTSE Emerging Markets ETF | VGE | $73.98 | +2.1% | +10.6% |
Ventia Services Group | VNT | $4.14 | +12.2% | +39.9% |
Woolworths Group | WOW | $34.30 | +5.6% | -10.7% |
WCM Global Growth | WQG | $1.575 | +1.6% | +34.0% |
Xero | XRO | $141.50 | +9.9% | +21.7% |
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: BetaShares Asia Technology Tigers ETF (ASX: ASIA), Anson Resources (ASX: ASN), Catapult Group International (ASX: CAT), Commonwealth Bank of Australia (ASX: CBA), CSL (ASX: CSL), Clarity Pharmaceuticals (ASX: CU6), Frontier Energy (ASX: FHE), Macquarie Technology Group (ASX: MAQ), MFF Capital Investments (ASX: MFF), Perseus Mining (ASX: PRU), Qube (ASX: QUB), Service Stream (ASX: SSM), Sovereign Metals (ASX: SVM), Terra Metals (ASX: TM1), Ventia Services Group (ASX: VNT), Xero (ASX: XRO).
Charts of each below:
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Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Alpha HPA | A4N | $0.840 | +1.2% | -26.6% |
Audinate Group | AD8 | $15.72 | -2.7% | +78.0% |
Aurizon | AZJ | $3.58 | -2.5% | -7.0% |
Bluescope Steel | BSL | $20.14 | -1.9% | +3.8% |
Credit Corp Group | CCP | $14.13 | -0.7% | -27.2% |
Collins Foods | CKF | $8.96 | -1.9% | -6.0% |
Cromwell Property Group | CMW | $0.395 | -4.8% | -26.9% |
Calix | CXL | $1.040 | -10.7% | -76.9% |
Domino's Pizza Enterprises | DMP | $35.57 | -6.5% | -21.0% |
EVT | EVT | $11.30 | +0.4% | -0.7% |
IDP Education | IEL | $14.11 | -7.2% | -33.3% |
Ioneer | INR | $0.135 | -18.2% | -57.1% |
James Hardie Industries | JHX | $46.59 | -0.3% | +21.4% |
MA Financial Group | MAF | $4.37 | -3.5% | -13.8% |
Meteoric Resources | MEI | $0.135 | -22.9% | -44.9% |
McMillan Shakespeare | MMS | $16.94 | -0.2% | -2.9% |
Monadelphous Group | MND | $12.69 | -3.3% | +5.8% |
Omni Bridgeway | OBL | $0.920 | +0.5% | -65.3% |
Patriot Battery Metals | PMT | $0.510 | -30.6% | -72.7% |
Ramsay Health Care | RHC | $47.00 | -2.3% | -14.9% |
Rio Tinto | RIO | $119.62 | -1.2% | +8.3% |
Smartgroup Corporation | SIQ | $8.25 | -0.1% | +8.9% |
Block | SQ2 | $95.70 | -1.2% | -3.3% |
Terracom | TER | $0.210 | -4.5% | -53.8% |
Wildcat Resources | WC8 | $0.275 | -17.9% | +57.1% |
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: Alpha HPA (ASX: A4N), Audinate Group (ASX: AD8), Aurizon (ASX: AZJ), Collins Foods (ASX: CKF), Calix (ASX: CXL), EVT (ASX: EVT), IDP Education (ASX: IEL), MA Financial Group (ASX: MAF), McMillan Shakespeare (ASX: MMS), Monadelphous Group (ASX: MND), Omni Bridgeway (ASX: OBL), Block (ASX: SQ2), Wildcat Resources (ASX: WC8).
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.
