Technical Analysis

ChartWatch ASX Scans: Correction "Invincibles" APA, APE, COL, EVN, NST vs Rally "Pariahs" LLC, PMT, SLX, SWM, WDS

Fri 11 Apr 25, 9:15am (AEST)
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Stocks in article

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apa
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ape
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ask
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col
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llc
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nst
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rms
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slx
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sol
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spr
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wds
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Key Points

  • Interesting uptrends in today's Scans: African Gold (A1G), APA (APA), Abacus Storage King (ASK), Barton Gold (BGD), Catalyst Metals (CYL), Evolution Mining (EVN), Genesis Minerals (GMD), Northern Star (NST), Ramelius Resources (RMS), Regis Resources (RRL).
  • Interesting downtrends in today's Scans: Electro Optic Systems (EOS), Imugene (IMU), Lindsay Australia (LAU), Liberty Financial (LFG), Lendlease (LLC), Regal Partners (RPL), Skycity Entertainment (SKC), Silex Systems (SLX), Seven West Media (SWM).

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.

The perception of your business among major fund managers (with cash) and existing shareholders (with stock) must be pretty decent if your stock price never really went down during the correction. Cash is demand, existing shareholders are supply. Clearly, both never waivered in their view of wanting to own such stocks.

Examples of these "Invincibles" can be found in tonight's Uptrends Scan List.

Using the same logic, the perception of your business among the demand and supply sides must be pretty terrible if on all days – the biggest showing of positive investor enthusiasm in over 5-years – your stock could barely rally–or it fell on Wednesday.

Examples of these "Pariahs" can be found in tonight's Downtrends Scan List.


Feel free to get your favourite AI to convert the tables below into lists you can upload to your favourite trading platform like TradingView. Then you'll be able to skip from chart to chart and quickly and easily see the best uptrends and downtrends on the ASX.

Some investors prefer to buy those stocks in strong uptrends, and avoid, sell, or short sell those stocks in strong downtrends – but how you use the lists is really up to you!

Note, many stocks in both lists have appeared there many times before. As long as they keep meeting my criteria – they'll keep appearing. But note, there won't be any notifications when they don't, so you'll have to do your own research on when a particular trend changes!


Uptrends Scan List

Company

Code

Last Price

1mo %

1yr %

African Gold

A1G

$0.110

+83.3%

+222.7%

APA Group

APA

$8.16

+8.1%

-5.0%

Eagers Automotive

APE

$16.65

+7.2%

+22.0%

Abacus Storage King

ASK

$1.450

+26.1%

+19.8%

Barton Gold

BGD

$0.400

+33.3%

+45.5%

Capricorn Metals

CMM

$8.89

+19.5%

+67.1%

Coles Group

COL

$20.84

+9.3%

+28.4%

Catalyst Metals

CYL

$5.93

+43.2%

+785.1%

Energy One

EOL

$11.20

+12.0%

+178.6%

Evolution Mining

EVN

$7.14

+15.0%

+82.1%

Fleetwood

FWD

$2.52

+8.2%

+72.6%

Vaneck Gold Miners ETF

GDX

$74.75

+12.4%

+41.8%

Genesis Minerals

GMD

$3.90

+27.5%

+100.5%

JB HI-FI

JBH

$96.35

+9.2%

+52.1%

Meeka Metals

MEK

$0.160

+33.3%

+344.4%

Northern Star Resources

NST

$20.28

+19.5%

+35.2%

Ramelius Resources

RMS

$2.60

+23.2%

+34.4%

Regis Resources

RRL

$4.39

+36.3%

+108.1%

*ERROR TICKER NOT FOUND*

SGLLV

$11.49

+17.7%

+67.8%

Washington H Soul Pattinson & Company

SOL

$36.67

+15.4%

+5.0%

Spartan Resources

SPR

$2.05

+44.4%

+205.7%

TPG Telecom

TPG

$4.93

+12.6%

+11.0%

Tivan

TVN

$0.105

+22.1%

+110.0%

Today's Uptrends Scan List

Feature Charts from today's Uptrends List πŸ”ŽπŸ“ˆ

The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: African Gold (ASX: A1G), APA Group (ASX: APA), Eagers Automotive (ASX: APE), Abacus Storage King (ASX: ASK), Barton Gold (ASX: BGD), Catalyst Metals (ASX: CYL), Energy One (ASX: EOL), Evolution Mining (ASX: EVN), Genesis Minerals (ASX: GMD), Meeka Metals (ASX: MEK), Northern Star Resources (ASX: NST), Ramelius Resources (ASX: RMS), Regis Resources (ASX: RRL), Washington H Soul Pattinson & Company (ASX: SOL).

Charts of each below:

Abacus Storage King (ASX-ASK) daily chart 10 April 2025African Gold (ASX-A1G) daily chart 10 April 2025APA Group (ASX-APA) daily chart 10 April 2025Barton Gold (ASX-BGD) daily chart 10 April 2025Catalyst Metals (ASX-CYL) daily chart 10 April 2025Eagers Automotive (ASX-APE) daily chart 10 April 2025Energy One (ASX-EOL) daily chart 10 April 2025Evolution Mining (ASX-EVN) daily chart 10 April 2025Genesis Minerals (ASX-GMD) daily chart 10 April 2025Meeka Metals (ASX-MEK) daily chart 10 April 2025Northern Star Resources (ASX-NST) daily chart 10 April 2025Ramelius Resources (ASX-RMS) daily chart 10 April 2025Regis Resources (ASX-RRL) daily chart 10 April 2025Spartan Resources (ASX-SPR) daily chart 10 April 2025Washington H Soul Pattinson & Company (ASX-SOL) daily chart 10 April 2025

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

4DMEDICAL

4DX

$0.260

-28.8%

-57.7%

Alcoa Corporation

AAI

1 Foreign Exempt NYSE

+8.7%

-21.4%

Coronado Global Resources

CRN

$1.000

+2.2%

-56.9%

Elanor Commercial Property Fund

ECF

$0.560

-6.7%

-18.0%

Elders

ELD

$6.08

-12.0%

-22.8%

Electro Optic Systems

EOS

$1.105

-7.5%

-33.6%

Imugene

IMU

$0.024

-22.6%

-76.0%

Karoon Energy

KAR

$1.285

-17.9%

-43.4%

Lindsay Australia

LAU

$0.655

-5.8%

-38.2%

Liberty Financial Group

LFG

$3.04

-18.1%

-18.8%

Lendlease Group

LLC

$5.38

-9.9%

-18.0%

Patriot Battery Metals

PMT

$1.000

+10.3%

-17.3%

PWR Holdings

PWH

$6.14

-9.7%

-46.0%

Peter Warren Automotive

PWR

$1.280

-11.1%

-43.4%

Regal Partners

RPL

$1.720

-41.9%

-41.9%

Skycity Entertainment Group

SKC

$1.050

-9.1%

-41.0%

Silex Systems

SLX

$2.92

-23.8%

-42.5%

Stanmore Resources

SMR

$1.660

-27.2%

-48.1%

Seven West Media

SWM

$0.135

-6.9%

-28.9%

Weebit Nano

WBT

$1.525

-19.5%

-52.8%

Wildcat Resources

WC8

$0.150

-11.8%

-76.4%

Woodside Energy Group

WDS

$20.05

-11.7%

-33.1%

Today's Downtrends Scan List

Feature Charts from today's Downtrends List πŸ”ŽπŸ“‰

The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: Elanor Commercial Property Fund (ASX: ECF), Electro Optic Systems (ASX: EOS), Imugene (ASX: IMU), Lindsay Australia (ASX: LAU), Liberty Financial Group (ASX: LFG), Lendlease Group (ASX: LLC), Regal Partners (ASX: RPL), Skycity Entertainment Group (ASX: SKC), Silex Systems (ASX: SLX), Seven West Media (ASX: SWM).

Charts of each below:

Elanor Commercial Property Fund (ASX-ECF) daily chart 10 April 2025Electro Optic Systems (ASX-EOS) daily chart 10 April 2025Imugene (ASX-IMU) daily chart 10 April 2025Lendlease Group (ASX-LLC) daily chart 10 April 2025Liberty Financial Group (ASX-LFG) daily chart 10 April 2025Lindsay Australia (ASX-LAU) daily chart 10 April 2025Regal Partners (ASX-RPL) daily chart 10 April 2025Seven West Media (ASX-SWM) daily chart 10 April 2025Silex Systems (ASX-SLX) daily chart 10 April 2025Skycity Entertainment Group (ASX-SKC) daily chart 10 April 2025

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.

 

Written By

Carl Capolingua

Content Editor

Carl has over 30-year's 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.

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