ChartWatch ASX Scans: Cyclone Metals, Emeco, Transurban, Tasmea, Tuas, Weebit Nano, Domino's Pizza, Mineral Resources, Pilbara Minerals
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
- ChartWatch ASX Scans: Cyclone Metals, Emeco, Transurban, Tasmea, Tuas, Weebit Nano, Domino's Pizza, Mineral Resources, Pilbara Minerals
- Interesting downtrends in today's Scans: Bellevue Gold (BGL), Bluescope (BSL), Collins Foods (CKF), Clarity Pharma (CU6), Clinuvel Pharma (CUV), Domino's Pizza (DMP), IGO (IGO), Liontown (LTR), Lynas Rare Earths (LYC), MinRes (MIN), Syrah Resources (SYR).
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 % |
|---|---|---|---|---|
Auswide Bank | ABA | $4.73 | +6.3% | -3.1% |
Bisalloy Steel Group | BIS | $4.36 | +9.8% | +89.6% |
Cyclone Metals | CLE | $0.048 | +100.0% | +177.7% |
Vaneck China New Economy ETF | CNEW | $7.13 | +6.4% | +11.6% |
Dalrymple Bay Infrastructure/Notes | DBI | $3.54 | +5.7% | +30.6% |
Emeco | EHL | $0.920 | +12.9% | +44.9% |
Echoiq | EIQ | $0.265 | +17.8% | +60.6% |
Orthocell | OCC | $1.240 | +98.4% | +213.9% |
Singular Health Group | SHG | $0.240 | +108.7% | +531.6% |
Transurban Group | TCL | $13.47 | +7.3% | -2.9% |
Tasmea | TEA | $3.04 | +8.6% | 0% |
Tuas | TUA | $5.84 | +10.2% | +92.7% |
Weebit Nano | WBT | $3.07 | +5.1% | -26.7% |
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: Cyclone Metals (ASX: CLE), Vaneck China New Economy ETF (ASX: CNEW), Dalrymple Bay Infrastructure/Notes (ASX: DBI), Emeco (ASX: EHL), Singular Health Group (ASX: SHG), Transurban Group (ASX: TCL), Tasmea (ASX: TEA), Tuas (ASX: TUA), Weebit Nano (ASX: WBT).
Charts of each below:
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Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Audinate Group | AD8 | $7.29 | -18.6% | -55.0% |
Atlas Arteria | ALX | $4.58 | -3.8% | -18.7% |
ANZ Group | ANZ | $27.94 | -13.4% | +9.0% |
Abacus Storage King | ASK | $1.150 | -3.0% | +2.2% |
Bellevue Gold | BGL | $1.105 | -15.6% | -34.2% |
Bluescope Steel | BSL | $19.21 | -9.0% | -16.7% |
Challenger | CGF | $5.89 | -3.1% | -5.6% |
Centuria Industrial Reit | CIP | $2.83 | -4.7% | -13.7% |
Collins Foods | CKF | $7.20 | -14.2% | -40.2% |
Centuria Office Reit | COF | $1.105 | -6.0% | -17.5% |
Cochlear | COH | $289.08 | -1.3% | -3.4% |
Clarity Pharmaceuticals | CU6 | $4.55 | -23.8% | +169.3% |
Clinuvel Pharmaceuticals | CUV | $11.79 | -10.4% | -26.5% |
Domain Australia | DHG | $2.44 | -13.8% | -26.1% |
Domino's Pizza Enterprises | DMP | $29.14 | -3.3% | -49.2% |
Data#3 | DTL | $6.40 | -17.6% | -23.4% |
Emerald Resources | EMR | $3.39 | -7.6% | +16.9% |
Fletcher Building | FBU | $2.49 | -9.1% | -40.8% |
Fleetpartners Group | FPR | $2.83 | -11.8% | -7.2% |
Healthco Healthcare and Wellness Reit | HCW | $1.000 | -8.7% | -33.8% |
Healius | HLS | $1.365 | +3.8% | -9.3% |
IDP Education | IEL | $11.49 | -9.0% | -44.0% |
IGO | IGO | $4.80 | -3.2% | -45.9% |
Ingenia Communities Group | INA | $4.62 | -7.6% | +10.0% |
Inghams Group | ING | $3.08 | -0.6% | -21.8% |
IPH | IPH | $5.00 | -2.7% | -23.1% |
Lendlease Group | LLC | $6.05 | -8.2% | -17.1% |
Lovisa | LOV | $29.00 | +8.1% | +24.5% |
Latin Resources | LRS | $0.140 | -24.3% | -40.4% |
Liontown Resources | LTR | $0.530 | -32.9% | -67.5% |
Lynas Rare Earths | LYC | $6.32 | -8.0% | -6.4% |
Mineral Resources | MIN | $32.88 | -2.8% | -51.6% |
McMillan Shakespeare | MMS | $14.13 | -5.4% | -13.3% |
Megaport | MP1 | $7.31 | -12.6% | -24.2% |
Neuren Pharmaceuticals | NEU | $12.14 | -2.3% | -23.3% |
Nufarm | NUF | $3.58 | -12.0% | -29.9% |
Nextdc | NXT | $15.09 | -7.8% | +14.0% |
Orica | ORI | $16.80 | -7.5% | +2.1% |
Pilbara Minerals | PLS | $2.07 | -26.1% | -46.2% |
Polynovo | PNV | $1.950 | -2.0% | +18.2% |
Perpetual | PPT | $19.61 | -7.2% | -22.8% |
Platinum Asset Management | PTM | $0.640 | -21.0% | -38.7% |
PWR Holdings | PWH | $7.95 | +3.8% | -19.8% |
Ramsay Health Care | RHC | $34.40 | -8.9% | -32.6% |
Sims | SGM | $11.67 | -6.1% | -24.1% |
The Star Entertainment Group | SGR | $0.190 | -9.5% | -64.5% |
Strike Energy | STX | $0.190 | -11.6% | -56.8% |
Syrah Resources | SYR | $0.175 | -23.9% | -72.6% |
Tyro Payments | TYR | $0.790 | -16.8% | -26.2% |
Whitehaven Coal | WHC | $5.98 | -10.3% | -16.9% |
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: Bellevue Gold (ASX: BGL), Bluescope Steel (ASX: BSL), Centuria Industrial Reit (ASX: CIP), Collins Foods (ASX: CKF), Centuria Office Reit (ASX: COF), Clarity Pharmaceuticals (ASX: CU6), Clinuvel Pharmaceuticals (ASX: CUV), Domino's Pizza Enterprises (ASX: DMP), Fleetpartners Group (ASX: FPR), IGO (ASX: IGO), Lendlease Group (ASX: LLC), Liontown Resources (ASX: LTR), Lynas Rare Earths (ASX: LYC), Mineral Resources (ASX: MIN), McMillan Shakespeare (ASX: MMS), Megaport (ASX: MP1), Neuren Pharmaceuticals (ASX: NEU), Nufarm (ASX: NUF), Nextdc (ASX: NXT), Orica (ASX: ORI), Pilbara Minerals (ASX: PLS), Polynovo (ASX: PNV), Perpetual (ASX: PPT), Ramsay Health Care (ASX: RHC), Sims (ASX: SGM), Syrah Resources (ASX: SYR).
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.
