TECHNICAL ANALYSIS

ChartWatch ASX Scans: Dusk Group, HMC Capital, Supply Network, Titomic, Kelsian Group, Lotus Resources, Novonix

Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.

Lead Writer and Presenter
12 August 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Dusk Group, HMC Capital, Supply Network, Titomic, Kelsian Group, Lotus Resources, Novonix

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Dusk Group (DSK), HMC Capital (HMC), Pinnacle Investment Management Group (PNI), Rimfire Pacific Mining (RIM), Supply Network (SNL), Technology One (TNE), Titomic (TTT)
  • Interesting downtrends in today's Scans: Bannerman Energy (BMN), Collins Foods (CKF), Corporate Travel (CTD), Cettire (CTT), Calix (CXL), Kogan.Com (KGN), Kelsian Group (KLS), Lotus Resources (LOT), Novonix (NVX), Silex Systems (SLX), Tyro Payments (TYR)

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 %
Life360
360
$17.56
+6.1%
+132.3%
AGL Energy
AGL
$10.82
+3.8%
-6.7%
ALS
ALQ
$15.11
+5.9%
+26.7%
Amcor
AMC
$16.20
+12.4%
+7.9%
Aspen Group
APZ
$1.960
+7.7%
+12.0%
Catapult Group International
CAT
$2.13
+6.0%
+108.8%
Capricorn Metals
CMM
$5.76
+9.5%
+41.2%
CSL
CSL
$308.53
+2.1%
+16.5%
Catalyst Metals
CYL
$1.955
+29.5%
+200.8%
Dalrymple Bay Infrastructure/Notes
DBI
$3.08
+1.7%
+11.2%
Dusk Group
DSK
$0.940
+58.0%
-19.7%
G8 Education
GEM
$1.345
+5.1%
+24.5%
Genusplus Group
GNP
$2.31
+11.6%
+92.5%
Guzman y Gomez
GYG
$30.00
+7.2%
0%
HMC Capital
HMC
$7.82
+8.2%
+55.8%
Hotel Property Investments
HPI
$3.41
+1.5%
+15.6%
Hub24
HUB
$48.50
+6.9%
+74.9%
Indiana Resources
IDA
$0.091
+13.8%
+107.5%
JB HI-FI
JBH
$67.37
+3.4%
+46.0%
Kelly Partners Group
KPG
$8.30
+7.8%
+73.6%
Magnetic Resources
MAU
$1.595
+37.5%
+101.9%
Pinnacle Investment Management Group
PNI
$16.88
+11.2%
+72.1%
REA Group
REA
$202.36
+1.0%
+28.3%
Rimfire Pacific Mining
RIM
$0.053
+89.3%
+783.3%
Scentre Group
SCG
$3.39
+5.6%
+23.7%
SKS Technologies Group
SKS
$1.600
+39.7%
+720.5%
Supply Network
SNL
$25.14
+19.8%
+71.8%
Technology One
TNE
$21.21
+13.3%
+38.0%
Titomic
TTT
$0.175
+40.0%
+993.8%
Vicinity Centres
VCX
$2.11
+9.0%
+11.1%
Vysarn
VYS
$0.410
+28.1%
+141.2%
Waypoint Reit
WPR
$2.55
+10.9%
-0.4%
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: Capricorn Metals (CMM), Catalyst Metals (CYL), Dusk Group (ASX: DSK), HMC Capital (ASX: HMC), Pinnacle Investment Management Group (ASX: PNI), Rimfire Pacific Mining (ASX: RIM), Supply Network (ASX: SNL), Technology One (ASX: TNE), Titomic (ASX: TTT).

Charts of each below:

Capricorn Metals (ASX-CMM) chart 9 August 2024 Catalyst Metals (ASX-CYL) chart 9 August 2024 Dusk Group (ASX-DSK) chart 12 August 2024 HMC Capital (ASX-HMC) chart 12 August 2024 Pinnacle Investment Management Group (ASX-PNI) chart 12 August 2024 Rimfire Pacific Mining (ASX-RIM) chart 12 August 2024 Supply Network (ASX-SNL) chart 12 August 2024 Technology One (ASX-TNE) chart 12 August 2024 Titomic (ASX-TTT) chart 12 August 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Aussie Broadband
ABB
$3.09
-12.0%
+5.8%
Ampol
ALD
$32.24
-2.6%
+3.0%
Amotiv
AOV
$9.90
-2.4%
-3.4%
Arafura Rare Earths
ARU
$0.160
-20.0%
-43.9%
Bellevue Gold
BGL
$1.290
-34.5%
-15.4%
Bannerman Energy
BMN
$2.42
-26.4%
+53.7%
Chalice Mining
CHN
$1.020
-20.9%
-82.7%
Collins Foods
CKF
$8.55
-4.6%
-17.0%
Corporate Travel Management
CTD
$12.93
-3.9%
-36.4%
Cettire
CTT
$1.120
-21.1%
-60.8%
Calix
CXL
$0.860
-24.9%
-80.5%
Develop Global
DVP
$1.985
-5.5%
-35.1%
Grange Resources
GRR
$0.310
-15.1%
-39.2%
Hansen Technologies
HSN
$4.25
-3.2%
-18.9%
Johns Lyng Group
JLG
$5.46
-7.9%
+3.4%
Karoon Energy
KAR
$1.760
-3.8%
-19.6%
Kogan.Com
KGN
$4.03
-5.8%
-36.4%
Kelsian Group
KLS
$4.91
-1.6%
-26.6%
Lotus Resources
LOT
$0.220
-34.3%
0%
Mayne Pharma Group
MYX
$3.88
-8.9%
-11.8%
Nanosonics
NAN
$2.96
-3.3%
-36.5%
Novonix
NVX
$0.615
-12.1%
-34.2%
Orora
ORA
$1.905
-1.0%
-42.6%
Perpetual
PPT
$20.90
-4.3%
-17.4%
Renascor Resources
RNU
$0.077
-17.2%
-57.2%
Sandfire Resources
SFR
$8.03
-11.6%
+23.7%
Silex Systems
SLX
$4.21
-21.0%
+27.2%
Strike Energy
STX
$0.180
-16.3%
-59.1%
Sayona Mining
SYA
$0.027
-18.2%
-79.2%
Syrah Resources
SYR
$0.235
-25.4%
-65.0%
Tabcorp
TAH
$0.565
-19.3%
-47.4%
Terracom
TER
$0.185
-11.9%
-53.2%
Tyro Payments
TYR
$0.870
-5.9%
-32.8%
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: Amotiv (ASX: AOV), Bannerman Energy (ASX: BMN), Collins Foods (ASX: CKF), Corporate Travel Management (ASX: CTD), Cettire (ASX: CTT), Calix (ASX: CXL), Johns Lyng Group (ASX: JLG), Kogan.Com (ASX: KGN), Kelsian Group (ASX: KLS), Lotus Resources (ASX: LOT), Mayne Pharma Group (ASX: MYX), Novonix (ASX: NVX), Silex Systems (ASX: SLX), Tyro Payments (ASX: TYR).

Charts of each below:

Amotiv (ASX-AOV) chart 9 August 2024 Calix (ASX-CXL) chart 9 August 2024 Cettire (ASX-CTT) chart 9 August 2024 Collins Foods (ASX-CKF) chart 9 August 2024 Corporate Travel Management (ASX-CTD) chart 9 August 2024 Kelsian Group (ASX-KLS) chart 9 August 2024 Kogan.Com (ASX-KGN) chart 9 August 2024 Kogan.Com (ASX-KGN) chart 9 August 2024 Lotus Resources (ASX-LOT) chart 9 August 2024 Mayne Pharma Group (ASX-MYX) chart 9 August 2024 Novonix (ASX-NVX) chart 9 August 2024 Silex Systems (ASX-SLX) chart 9 August 2024 Tyro Payments (ASX-TYR) chart 9 August 2024

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.

ABOUT THE AUTHOR

Lead Writer and Presenter

Carl brings more than 30 years of investing experience and a track record of helping thousands of investors navigate every kind of market. A highly regarded commentator on global macro trends and their impact on Australian and US equities, he is also one of Australia's most recognised educators in technical analysis — having taught his distinctive price-action trend following methodology to two generations of investors.

04/06/2026