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