Evening Wrap: ASX 200 closes out massively strong week as big banks & BHP, RIO, FMG hoover up safe-haven buying
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/ChartWatch ASX Scans: Fortescue, Champion Iron, Goodman Group, Domino's Pizza, Boss Energy, Tabcorp
Technical Analysis
ChartWatch ASX Scans: Fortescue, Champion Iron, Goodman Group, Domino's Pizza, Boss Energy, Tabcorp
Thu 27 Feb 25, 12:30pm (AEST)
Source: Shutterstock
Stocks in article
Key Points
- Interesting uptrends in today's Scans: Aldoro Resources (ARN), Beacon Lighting (BLX), Brambles (BXB), EML Payments (EML), Energy One (EOL), Light & Wonder (LNW), OOH!Media (OML), Pointsbet (PBH), Perpetual (PPT), Stealth Group (SGI), Tabcorp (TAH).
- Interesting downtrends in today's Scans: Boss Energy (BOE), Champion Iron (CIA), Domino's Pizza (DMP), Fortescue (FMG), Goodman Group (GMG), Iluka (ILU), Polynovo (PNV), Silex Systems (SLX), Sayona Mining (SYA), Weebit Nano (WBT), Wildcat Resources (WC8).
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 Agricultural Company | AAC | $1.500 | +4.9% | +7.1% |
Aldoro Resources | ARN | $0.470 | +77.4% | +276.0% |
BetaShares Asia Technology Tigers ETF | ASIA | $11.47 | +12.3% | +43.4% |
Beacon Lighting Group | BLX | $3.60 | +16.1% | +27.2% |
Brambles | BXB | $20.98 | +8.1% | +37.4% |
EML Payments | EML | $0.980 | +22.5% | +8.3% |
Energy One | EOL | $10.94 | +55.4% | +161.1% |
EVT | EVT | $13.96 | +19.1% | +21.7% |
Firefly Metals | FFM | $1.020 | +17.2% | +100.0% |
iShares Asia 50 ETF | IAA | $120.45 | +10.7% | +35.5% |
iShares MSCI Emerging Markets ETF | IEM | $70.71 | +5.4% | +14.6% |
Imdex | IMD | $3.05 | +24.5% | +59.7% |
iShares Global Consumer Staples ETF | IXI | $101.23 | +3.2% | +10.9% |
iShares Global Healthcare ETF | IXJ | $146.37 | +0.3% | +5.0% |
iShares China Large-Cap ETF | IZZ | $57.27 | +14.5% | +55.1% |
Light & Wonder | LNW | $170.88 | +22.2% | +22.9% |
OOH!Media | OML | $1.540 | +32.2% | -14.4% |
Pointsbet | PBH | $1.100 | +15.8% | +169.5% |
Perpetual | PPT | $23.33 | +8.8% | -7.6% |
Stealth Group | SGI | $0.630 | +50.0% | +215.0% |
Tabcorp | TAH | $0.720 | +9.9% | +3.6% |
Turaco Gold | TCG | $0.345 | +9.5% | +187.5% |
US Masters Residential Property Fund | URF | $0.415 | 0% | +56.3% |
Unibail-Rodamco-Westfield | URW | $6.88 | +5.7% | +22.0% |
WAM Capital | WAM | $1.680 | +5.0% | +3.7% |
WCM Global Growth | WQG | $1.795 | +4.1% | +23.4% |
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: Aldoro Resources (ASX: ARN), Beacon Lighting Group (ASX: BLX), Brambles (ASX: BXB), EML Payments (ASX: EML), Energy One (ASX: EOL), iShares China Large-Cap ETF (ASX: IZZ), Light & Wonder (ASX: LNW), OOH!Media (ASX: OML), Pointsbet (ASX: PBH), Perpetual (ASX: PPT), Stealth Group (ASX: SGI), Tabcorp (ASX: TAH), Unibail-Rodamco-Westfield (ASX: URW).
Charts of each below:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
29METALS | 29M | $0.170 | -20.9% | -31.7% |
4DMEDICAL | 4DX | $0.415 | -29.1% | -34.6% |
Alpha HPA | A4N | $0.850 | -2.3% | -8.6% |
Bendigo and Adelaide Bank | BEN | $10.45 | -22.2% | +9.7% |
Boss Energy | BOE | $2.60 | -8.5% | -43.2% |
Credit Corp Group | CCP | $15.43 | -11.1% | -17.3% |
Champion Iron | CIA | $5.41 | -2.2% | -30.7% |
Chorus | CNU | $7.51 | -3.7% | -0.5% |
Cochlear | COH | $265.51 | -15.7% | -22.8% |
Coronado Global Resources | CRN | $0.545 | -17.4% | -59.6% |
Cettire | CTT | $1.105 | -17.5% | -76.3% |
Cleanaway Waste Management | CWY | $2.57 | -7.2% | -4.8% |
Core Lithium | CXO | $0.084 | -5.6% | -60.0% |
Domino's Pizza Enterprises | DMP | $27.81 | -9.7% | -36.1% |
Deterra Royalties | DRR | $3.55 | -11.5% | -29.7% |
DUG Technology | DUG | $1.105 | -22.2% | -58.0% |
Fortescue | FMG | $16.86 | -10.7% | -40.2% |
Goodman Group | GMG | $32.15 | -15.7% | +12.3% |
IGO | IGO | $4.11 | -20.2% | -43.2% |
Iluka Resources | ILU | $4.25 | -7.4% | -41.1% |
Imugene | IMU | $0.036 | -7.7% | -68.7% |
Ioneer | INR | $0.150 | -14.3% | +11.1% |
Iress | IRE | $7.66 | -18.1% | -4.0% |
Kingsgate Consolidated | KCN | $1.275 | -6.9% | +5.8% |
Lotus Resources | LOT | $0.170 | -19.0% | -48.5% |
Mineral Resources | MIN | $24.73 | -30.1% | -60.3% |
Monash IVF Group | MVF | $1.165 | -2.5% | -18.2% |
Neuren Pharmaceuticals | NEU | $13.04 | -9.4% | -37.1% |
Novonix | NVX | $0.480 | -11.9% | -40.0% |
Nexgen Energy | NXG | $8.37 | -17.8% | -19.1% |
OFX Group | OFX | $1.265 | -7.0% | -17.0% |
Peninsula Energy | PEN | $0.900 | -32.1% | -59.8% |
Patriot Battery Metals | PMT | $0.265 | -23.2% | -68.8% |
Polynovo | PNV | $1.415 | -35.4% | -28.9% |
Reece | REH | $17.57 | -24.8% | -27.1% |
The Star Entertainment Group | SGR | $0.130 | +13.0% | -75.7% |
Silex Systems | SLX | $4.16 | -30.4% | -9.8% |
Stanmore Resources | SMR | $2.54 | -4.2% | -27.4% |
Spark New Zealand | SPK | $2.05 | -21.5% | -57.8% |
Strike Energy | STX | $0.185 | -19.6% | -22.9% |
Sayona Mining | SYA | $0.021 | -4.5% | -67.2% |
Syrah Resources | SYR | $0.230 | +2.2% | -62.5% |
Weebit Nano | WBT | $2.09 | -5.9% | -53.2% |
Wildcat Resources | WC8 | $0.190 | -17.4% | -68.1% |
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: Bendigo and Adelaide Bank (ASX: BEN), Boss Energy (ASX: BOE), Champion Iron (ASX: CIA), Coronado Global Resources (ASX: CRN), Cettire (ASX: CTT), Cleanaway Waste Management (ASX: CWY), Domino's Pizza Enterprises (ASX: DMP), Deterra Royalties (ASX: DRR), Fortescue (ASX: FMG), Goodman Group (ASX: GMG), Iluka Resources (ASX: ILU), Neuren Pharmaceuticals (ASX: NEU), Novonix (ASX: NVX), Nexgen Energy (ASX: NXG), Peninsula Energy (ASX: PEN), Polynovo (ASX: PNV), Reece (ASX: REH), Silex Systems (ASX: SLX), Sayona Mining (ASX: SYA), Weebit Nano (ASX: WBT), Wildcat Resources (ASX: WC8).
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-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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