Evening Wrap: ASX 200 slides on broad-based falls, finishes at week's low as Santa rally fades
Fri 06 Dec 24, 5:45pm (AEDT)
Home
/
News
Technical Analysis
/ChartWatch ASX Scans: Credit Corp, Computershare, Helia, Hansen Technologies, QBE, Titomic, Tryptamine Therapeutics, Xero, Droneshield
News
Technical Analysis
/ChartWatch ASX Scans: Credit Corp, Computershare, Helia, Hansen Technologies, QBE, Titomic, Tryptamine Therapeutics, Xero, Droneshield
Technical Analysis
ChartWatch ASX Scans: Credit Corp, Computershare, Helia, Hansen Technologies, QBE, Titomic, Tryptamine Therapeutics, Xero, Droneshield
Fri 08 Nov 24, 9:00am (AEDT)
Source: Shutterstock
Stocks in article
Key Points
- Interesting uptrends in today's Scans: Alcoa (AAI), Computershare (CPU), Helia (HLI), Hansen Technologies (HSN), Insurance Australia (IAG), MFF Capital (MFF), Pro Medicus (PME), Redox (RDX), Titomic (TTT), Tryptamine Therapeutics (TYP), Xero (XRO).
- Interesting downtrends in today's Scans: The A2 Milk Company (A2M), APA Group (APA), Cooper Energy (COE), Domino's Pizza (DMP), Droneshield (DRO), The Star Entertainment (SGR), TPG Telecom (TPG).
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 % |
Alcoa Corporation | AAI | $68.47 | +22.9% | 0% |
AMP | AMP | $1.515 | +13.1% | +46.4% |
ANZ Group | ANZ | $31.71 | +4.9% | +23.2% |
Commonwealth Bank of Australia | CBA | $147.26 | +8.6% | +46.6% |
Credit Corp Group | CCP | $18.20 | +7.9% | +48.8% |
Computershare | CPU | $29.22 | +10.9% | +19.7% |
Helia Group | HLI | $4.42 | +5.2% | +25.1% |
Hansen Technologies | HSN | $5.09 | +7.8% | 0% |
Insurance Australia Group | IAG | $7.83 | +4.0% | +37.4% |
MFF Capital Investments | MFF | $4.15 | +8.4% | +47.7% |
Morningstar International Shares Active ETF | MSTR | $9.88 | +2.3% | +17.2% |
Vaneck Australian Banks ETF | MVB | $39.41 | +4.4% | +36.3% |
National Australia Bank | NAB | $39.33 | +5.0% | +34.0% |
NRW | NWH | $3.90 | +8.3% | +54.8% |
News Corporation | NWS | $47.21 | +15.6% | +35.8% |
Nuix | NXL | $7.68 | +15.5% | +426.0% |
Objective Corporation | OCL | $16.35 | +8.1% | +44.8% |
Pro Medicus | PME | $200.00 | +7.2% | +145.0% |
Perenti | PRN | $1.195 | +16.6% | +11.7% |
Qantas Airways | QAN | $8.37 | +16.9% | +58.5% |
QBE Insurance Group | QBE | $18.47 | +14.9% | +19.1% |
Redox | RDX | $3.87 | +10.3% | +61.9% |
South32 | S32 | $3.83 | +8.5% | +17.1% |
Sims | SGM | $13.66 | +6.6% | +7.7% |
Silex Systems | SLX | $5.34 | +17.1% | +53.4% |
Block | SQ2 | $118.96 | +17.3% | +56.3% |
Seven Group | SVW | $43.78 | +0.6% | +52.5% |
Technology One | TNE | $25.66 | +5.3% | +69.3% |
Titomic | TTT | $0.220 | +76.0% | +1366.7% |
Tryptamine Therapeutics | TYP | $0.041 | +127.8% | -26.4% |
Xero | XRO | $155.18 | +5.3% | +38.8% |
Yancoal Australia | YAL | $6.65 | +9.4% | +43.6% |
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: Alcoa Corporation (ASX: AAI), AMP (ASX: AMP), Commonwealth Bank of Australia (ASX: CBA), Credit Corp Group (ASX: CCP), Computershare (ASX: CPU), Helia Group (ASX: HLI), Hansen Technologies (ASX: HSN), Insurance Australia Group (ASX: IAG), MFF Capital Investments (ASX: MFF), Pro Medicus (ASX: PME), QBE Insurance Group (ASX: QBE), Redox (ASX: RDX), Sims (ASX: SGM), Block (ASX: SQ2), Seven Group (ASX: SVW), Titomic (ASX: TTT), Tryptamine Therapeutics (ASX: TYP), Xero (ASX: XRO).
Charts of each below:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
The A2 Milk Company | A2M | $5.19 | -18.3% | +30.7% |
Atlas Arteria | ALX | $4.81 | 0% | -15.2% |
APA Group | APA | $6.70 | -11.7% | -19.6% |
Bannerman Energy | BMN | $2.86 | -12.0% | +7.1% |
Centuria Industrial Reit | CIP | $3.01 | -5.6% | +1.0% |
Cromwell Property Group | CMW | $0.390 | -12.4% | +4.0% |
Cooper Energy | COE | $0.165 | -15.4% | +65.0% |
Charter Hall Retail Reit | CQR | $3.34 | -5.1% | +4.1% |
Cettire | CTT | $1.390 | -30.5% | -53.0% |
Domino's Pizza Enterprises | DMP | $30.10 | -16.2% | -42.9% |
Droneshield | DRO | $0.850 | -34.9% | +203.6% |
Healthco Healthcare and Wellness Reit | HCW | $1.110 | -4.7% | -21.8% |
IDP Education | IEL | $13.95 | -7.2% | -39.8% |
Iluka Resources | ILU | $5.84 | -8.9% | -21.2% |
Immutep | IMM | $0.270 | -14.3% | -9.2% |
Lotus Resources | LOT | $0.240 | -7.7% | -2.0% |
The Star Entertainment Group | SGR | $0.215 | -17.3% | -64.2% |
Sayona Mining | SYA | $0.030 | -6.3% | -64.3% |
TPG Telecom | TPG | $4.47 | -11.0% | -16.3% |
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), APA Group (ASX: APA), Cooper Energy (ASX: COE), Domino's Pizza Enterprises (ASX: DMP), Droneshield (ASX: DRO), The Star Entertainment Group (ASX: SGR), TPG Telecom (ASX: TPG).
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
Evening Wrap: ASX 200 slides on broad-based falls, finishes at week's low as Santa rally fades
Carl Capolingua · Fri 06 Dec 24, 5:45pm (AEDT)
Big brokers warn of “generational” overvaluations in ANZ, Commonwealth Bank, NAB and Westpac
Carl Capolingua · Fri 06 Dec 24, 1:16pm (AEDT)