Technical Analysis

ChartWatch ASX Scans: Fortescue, Pilbara Minerals, Qantas, Wisetech Global, Vulcan Energy, IDP Education

Mon 03 Mar 25, 9:00am (AEST)
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Key Points

  • Interesting uptrends in today's Scans: Austal (ASB), Dusk Group (DSK), Dynamic Metals (DYM), EVT (EVT), Generation Development (GDG), GR Engineering Services (GNG), Helia (HLI), IVE Group (IGL), Qantas Airways (QAN), Service Stream (SSM).
  • Interesting downtrends in today's Scans: Adairs (ADH), Bannerman Energy (BMN), Boss Energy (BOE), Cochlear (COH), Calix (CXL), Fortescue (FMG), Fisher & Paykel Healthcare (FPH), IDP Education (IEL), IGO (IGO), Iluka Resources (ILU), Johns Lyng (JLG).
  • Interesting downtrends in today's Scans continued: New Hope Corp (NHC), Nickel Industries (NIC), Pilbara Minerals (PLS), Patriot Battery Metals (PMT), Siteminder (SDR), Stanmore Resources (SMR), Sayona (SYA), Vulcan Energy (VUL), Wisetech Global (WTC).

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 %

Austal

ASB

$4.25

+14.2%

+114.6%

Dusk Group

DSK

$1.320

+17.9%

+57.1%

Dynamic Metals

DYM

$0.310

+12.7%

+55.0%

EML Payments

EML

$0.970

+17.6%

+15.5%

EVT

EVT

$14.60

+24.8%

+25.1%

Fletcher Building

FBU

$3.04

+16.5%

-14.5%

Generation Development Group

GDG

$5.18

+21.5%

+191.6%

GR Engineering Services

GNG

$3.07

+7.0%

+33.5%

Helia Group

HLI

$6.11

+27.3%

+40.4%

IVE Group

IGL

$2.40

+10.1%

+12.2%

Qantas Airways

QAN

$9.52

+1.4%

+84.1%

Service Stream

SSM

$1.765

+13.9%

+68.9%

Telstra Group

TLS

$4.14

+3.8%

+7.8%

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: Austal (ASX: ASB), Dusk Group (ASX: DSK), Dynamic Metals (ASX: DYM), EVT (ASX: EVT), Generation Development Group (ASX: GDG), GR Engineering Services (ASX: GNG), Helia Group (ASX: HLI), IVE Group (ASX: IGL), Qantas Airways (ASX: QAN), Service Stream (ASX: SSM).

Charts of each below:

Austal (ASX-ASB) daily chart 27 February 2025Dusk Group (ASX-DSK) daily chart 27 February 2025Dynamic Metals (ASX-DYM) daily chart 27 February 2025EVT (ASX-EVT) daily chart 27 February 2025Generation Development Group (ASX-GDG) daily chart 27 February 2025GR Engineering Services (ASX-GNG) daily chart 27 February 2025Helia Group (ASX-HLI) daily chart 27 February 2025IVE Group (ASX-IGL) daily chart 27 February 2025Qantas Airways (ASX-QAN) daily chart 27 February 2025Service Stream (ASX-SSM) daily chart 27 February 2025

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

4DMEDICAL

4DX

$0.385

-28.7%

-40.8%

Alpha HPA

A4N

$0.850

-2.3%

-2.3%

Alcoa Corporation

AAI

$53.06

-6.7%

0%

Australian Clinical Labs

ACL

$3.10

-15.3%

+18.8%

Adairs

ADH

$2.31

-14.1%

+3.1%

Arena Reit.

ARF

$3.67

-5.7%

+10.9%

Bannerman Energy

BMN

$2.31

-20.6%

-24.0%

Boss Energy

BOE

$2.48

-21.0%

-47.2%

Credit Corp Group

CCP

$15.18

-4.8%

-18.3%

Centuria Capital Group

CNI

$1.635

-8.4%

+7.6%

Cochlear

COH

$258.86

-18.9%

-24.4%

Capstone Copper Corp.

CSC

$9.09

-3.3%

0%

Cleanaway Waste Management

CWY

$2.55

-7.9%

-4.9%

Calix

CXL

$0.430

-30.1%

-78.8%

Cyclopharm

CYC

$1.425

-35.8%

-18.6%

Endeavour Group

EDV

$4.17

-1.4%

-21.9%

Elders

ELD

$7.07

-1.0%

-20.6%

Fortescue

FMG

$16.51

-13.7%

-40.0%

Fisher & Paykel Healthcare Corporation

FPH

$30.39

-12.4%

+30.3%

Goodman Group

GMG

$31.31

-12.1%

+8.2%

Healius

HLS

$1.285

-10.5%

+1.6%

IDP Education

IEL

$10.05

-23.7%

-45.0%

IGO

IGO

$3.98

-21.3%

-47.6%

Iluka Resources

ILU

$4.15

-7.4%

-37.5%

Jumbo Interactive

JIN

$11.39

-12.5%

-34.8%

Johns Lyng Group

JLG

$2.55

-32.7%

-59.2%

Lindsay Australia

LAU

$0.620

-29.5%

-41.5%

Lifestyle Communities

LIC

$8.00

-17.1%

-45.8%

Macquarie Technology Group

MAQ

$69.02

-15.6%

-1.8%

Meteoric Resources

MEI

$0.065

-17.7%

-62.9%

Magellan Financial Group

MFG

$8.07

-29.1%

-0.9%

Mineral Resources

MIN

$22.71

-36.8%

-64.9%

Myer

MYR

$0.755

-17.5%

+0.0%

New Hope Corporation

NHC

$4.02

-15.9%

-12.0%

Nickel Industries

NIC

$0.720

-7.7%

+2.1%

National Storage Reit

NSR

$2.16

-3.1%

-3.6%

Novonix

NVX

$0.420

-24.3%

-50.0%

Nuix

NXL

$3.68

-14.0%

+89.7%

Nextdc

NXT

$13.34

-9.2%

-11.1%

Peninsula Energy

PEN

$0.870

-33.8%

-59.4%

Pilbara Minerals

PLS

$1.900

-18.5%

-51.0%

Patriot Battery Metals

PMT

$0.265

-17.2%

-67.7%

Region Group

RGN

$2.05

-5.1%

-7.2%

Ramsay Health Care

RHC

$34.40

+1.4%

-32.5%

Rio Tinto

RIO

$113.37

-3.1%

-7.9%

Regal Partners

RPL

$3.22

-17.4%

+19.7%

Siteminder

SDR

$4.96

-17.5%

-5.0%

The Star Entertainment Group

SGR

$0.110

-8.3%

-78.6%

Stanmore Resources

SMR

$2.30

-12.2%

-30.7%

Strike Energy

STX

$0.185

-22.9%

-14.0%

Sayona Mining

SYA

$0.019

-17.4%

-54.8%

Syrah Resources

SYR

$0.215

-2.3%

-61.5%

The Lottery Corporation

TLC

$4.75

-5.0%

-6.0%

Viva Energy Group

VEA

$1.725

-33.9%

-50.6%

Vulcan Energy Resources

VUL

$3.71

-20.4%

+75.0%

WA1 Resources

WA1

$12.95

-0.4%

+7.9%

Wisetech Global

WTC

$89.50

-25.2%

+1.8%

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: 4DMEDICAL (ASX: 4DX), Adairs (ASX: ADH), Bannerman Energy (ASX: BMN), Boss Energy (ASX: BOE), Cochlear (ASX: COH), Cleanaway Waste Management (ASX: CWY), Calix (ASX: CXL), Fortescue (ASX: FMG), Fisher & Paykel Healthcare Corporation (ASX: FPH), IDP Education (ASX: IEL), IGO (ASX: IGO), Iluka Resources (ASX: ILU), Johns Lyng Group (ASX: JLG), Macquarie Technology Group (ASX: MAQ), Magellan Financial Group (ASX: MFG), New Hope Corporation (ASX: NHC), Nickel Industries (ASX: NIC), Novonix (ASX: NVX), Nextdc (ASX: NXT), Pilbara Minerals (ASX: PLS), Patriot Battery Metals (ASX: PMT), Siteminder (ASX: SDR), Stanmore Resources (ASX: SMR), Sayona Mining (ASX: SYA), Vulcan Energy Resources (ASX: VUL), Wisetech Global (ASX: WTC).

Charts of each below:

4DMEDICAL (ASX-4DX) daily chart 28 February 2025Adairs (ASX-ADH) daily chart 28 February 2025Bannerman Energy (ASX-BMN) daily chart 28 February 2025Boss Energy (ASX-BOE) daily chart 28 February 2025Calix (ASX-CXL) daily chart 28 February 2025Cleanaway Waste Management (ASX-CWY) daily chart 28 February 2025Cochlear (ASX-COH) daily chart 28 February 2025Fisher & Paykel Healthcare Corporation (ASX-FPH) daily chart 28 February 2025Fortescue (ASX-FMG) daily chart 28 February 2025IDP Education (ASX-IEL) daily chart 28 February 2025IGO (ASX-IGO) daily chart 28 February 2025Iluka Resources (ASX-ILU) daily chart 28 February 2025Johns Lyng Group (ASX-JLG) daily chart 28 February 2025Macquarie Technology Group (ASX-MAQ) daily chart 28 February 2025Magellan Financial Group (ASX-MFG) daily chart 28 February 2025New Hope Corporation (ASX-NHC) daily chart 28 February 2025Nextdc (ASX-NXT) daily chart 28 February 2025Nickel Industries (ASX-NIC) daily chart 28 February 2025Novonix (ASX-NVX) daily chart 28 February 2025Patriot Battery Metals (ASX-PMT) daily chart 28 February 2025Pilbara Minerals (ASX-PLS) daily chart 28 February 2025Sayona Mining (ASX-SYA) daily chart 28 February 2025Siteminder (ASX-SDR) daily chart 28 February 2025Stanmore Resources (ASX-SMR) daily chart 28 February 2025Vulcan Energy Resources (ASX-VUL) daily chart 28 February 2025Wisetech Global (ASX-WTC) daily chart 28 February 2025

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.

 

Written By

Carl Capolingua

Content Editor

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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