Evening Wrap: ASX 200 higher, Wesfarmers soars on Goldman Sachs upgrade, Energy stocks slump
Fri 24 Jan 25, 4:57pm (AEDT)
Home
/
News
Technical Analysis
/ChartWatch ASX Scans: Echoiq, Hub24, Live Verdure, Noviqtech, Boss Energy, Dicker Data, Liontown Resources, Paladin Energy, Santos
News
Technical Analysis
/ChartWatch ASX Scans: Echoiq, Hub24, Live Verdure, Noviqtech, Boss Energy, Dicker Data, Liontown Resources, Paladin Energy, Santos
Technical Analysis
ChartWatch ASX Scans: Echoiq, Hub24, Live Verdure, Noviqtech, Boss Energy, Dicker Data, Liontown Resources, Paladin Energy, Santos
Fri 29 Nov 24, 9:00am (AEDT)
Source: Shutterstock
Stocks in article
Key Points
- Interesting uptrends in today's Scans: Echoiq (EIQ), Gentrack Group (GTK), Hub24 (HUB), Live Verdure (LV1), Noviqtech (NVQ), Paragon Care (PGC), Superloop (SLC).
- Interesting downtrends in today's Scans: Bannerman Energy (BMN), Boss Energy (BOE), Dicker Data (DDR), Droneshield (DRO), Liontown Resources (LTR), Mineral Resources (MIN), Newmont (NEM), Paladin Energy (PDN), Star Entertainment (SGR), Santos (STO).
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 % |
Australian Foundation Investment Company | AFI | $7.55 | +1.3% | +7.6% |
Argo Investments | ARG | $9.21 | +4.5% | +8.7% |
Corporate Travel Management | CTD | $14.31 | +20.9% | -23.8% |
SPDR DJ Global Real Estate ESG Fund ETF | DJRE | $22.65 | +2.7% | +19.5% |
Echoiq | EIQ | $0.275 | +19.6% | +77.4% |
BetaShares Australian Sustainability Leaders ETF | FAIR | $21.97 | +6.4% | +28.9% |
Findi | FND | $7.75 | +21.5% | +573.9% |
Gentrack Group | GTK | $12.40 | +35.5% | +160.0% |
Hub24 | HUB | $75.95 | +10.3% | +134.1% |
Incitec Pivot | IPL | $3.22 | +5.6% | +23.9% |
Live Verdure | LV1 | $0.945 | +42.1% | +152.0% |
MFF Capital Investments | MFF | $4.34 | +10.2% | +46.6% |
Metro Mining | MMI | $0.059 | +15.7% | +181.0% |
Macquarie Core Australian Equity Active ETF | MQAE | $11.38 | +4.0% | 0% |
Mystate | MYS | $4.08 | +7.7% | +39.2% |
Noviqtech | NVQ | $0.120 | +471.4% | +300.0% |
Paragon Care | PGC | $0.510 | +14.6% | +200.0% |
Superloop | SLC | $2.20 | +14.0% | +243.8% |
Telix Pharmaceuticals | TLX | $23.78 | +12.7% | +153.8% |
Technology One | TNE | $30.61 | +25.4% | +99.1% |
Vanguard Global Infrastructure Index ETF | VBLD | $73.77 | +5.6% | +22.1% |
Today's Uptrends Scan List
Charts of each below:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
Audinate Group | AD8 | $8.79 | -3.5% | -41.4% |
Australian Finance Group | AFG | $1.530 | -7.3% | +3.4% |
Bannerman Energy | BMN | $2.71 | -9.4% | -1.8% |
Boss Energy | BOE | $2.76 | -18.8% | -37.4% |
Chalice Mining | CHN | $1.340 | -28.2% | -8.5% |
Cromwell Property Group | CMW | $0.380 | -7.3% | -5.0% |
Coronado Global Resources | CRN | $0.930 | -7.0% | -42.8% |
Cettire | CTT | $1.205 | -17.5% | -63.3% |
Dicker Data | DDR | $8.33 | -3.8% | -25.2% |
Droneshield | DRO | $0.740 | -19.1% | +120.9% |
Develop Global | DVP | $1.930 | -23.7% | -35.9% |
Deep Yellow | DYL | $1.210 | -10.7% | +6.1% |
GWA Group | GWA | $2.32 | -2.9% | +24.4% |
IGO | IGO | $4.83 | -8.3% | -42.8% |
Karoon Energy | KAR | $1.315 | -4.0% | -37.1% |
Latin Resources | LRS | $0.160 | -15.8% | -13.5% |
Liontown Resources | LTR | $0.740 | -12.9% | -45.8% |
Lynas Rare Earths | LYC | $6.78 | -11.4% | +4.1% |
Mineral Resources | MIN | $33.30 | -7.7% | -46.6% |
Newmont Corporation | NEM | $64.14 | -11.9% | +12.6% |
Novonix | NVX | $0.690 | -10.4% | -2.1% |
Nextdc | NXT | $15.88 | -3.2% | +22.9% |
OFX Group | OFX | $1.310 | -8.4% | -7.1% |
Paladin Energy | PDN | $7.76 | -21.2% | -25.0% |
Pilbara Minerals | PLS | $2.39 | -17.0% | -32.7% |
Rural Funds Group | RFF | $1.875 | -0.3% | +0.8% |
The Star Entertainment Group | SGR | $0.195 | -23.5% | -67.2% |
Santos | STO | $6.59 | -3.4% | -6.3% |
Strike Energy | STX | $0.205 | +2.5% | -47.4% |
Woodside Energy Group | WDS | $24.39 | +1.9% | -23.1% |
Worley | WOR | $13.75 | -1.9% | -19.8% |
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: Bannerman Energy (ASX: BMN), Boss Energy (ASX: BOE), Coronado Global Resources (ASX: CRN), Cettire (ASX: CTT), Dicker Data (ASX: DDR), Droneshield (ASX: DRO), Develop Global (ASX: DVP), IGO (ASX: IGO), Karoon Energy (ASX: KAR), Latin Resources (ASX: LRS), Liontown Resources (ASX: LTR), Mineral Resources (ASX: MIN), Newmont Corporation (ASX: NEM), Novonix (ASX: NVX), Nextdc (ASX: NXT), Paladin Energy (ASX: PDN), The Star Entertainment Group (ASX: SGR), Santos (ASX: STO), Worley (ASX: WOR).
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 higher, Wesfarmers soars on Goldman Sachs upgrade, Energy stocks slump
Kerry Sun · Fri 24 Jan 25, 4:57pm (AEDT)
Goldman Sachs tips Wesfarmers for highest growth among top ASX 200 consumer stocks
Kerry Sun · Fri 24 Jan 25, 2:23pm (AEDT)
Stocks making the biggest moves at noon Synlait Milk, AMP, Kogan and more
Kerry Sun · Fri 24 Jan 25, 1:42pm (AEDT)