Technical Analysis

ChartWatch ASX Scans: Generation Development, Global Cybersecurity ETF, S&P 500 Yield Max ETF, Tuas, Aurizon, Santos, Woodside Energy

Mon 09 Dec 24, 9:00am (AEDT)
charts charting technical analysis
Source: Shutterstock

Stocks in article

aar
MktCap:
-
bnz
MktCap:
-
boe
MktCap:
-
gdg
MktCap:
-
ilu
MktCap:
-
jbh
MktCap:
-
kgn
MktCap:
-
ltr
MktCap:
-
mtm
MktCap:
-
mys
MktCap:
-
nws
MktCap:
-
ori
MktCap:
-
pdn
MktCap:
-
pme
MktCap:
-
qan
MktCap:
-
qpm
MktCap:
-
sto
MktCap:
-
tpw
MktCap:
-
tua
MktCap:
-
wds
MktCap:
-

Share article

Key Points

  • Interesting uptrends in today's Scans: Benz Mining (BNZ), Generation Development (GDG), BetaShares Cybersecurity ETF (HACK), Kogan.Com (KGN), MTM Critical Metals (MTM), News Corp (NWS), Qantas (QAN), Tuas (TUA), BetaShares SP500 Yield Maximiser ETF (UMAX).
  • Interesting downtrends in today's Scans: Audinate (AD8), Aurizon (AZJ), Boss Energy (BOE), Chalice Mining (CHN), Clinuvel Pharmaceuticals (CUV), Droneshield (DRO), Liontown Resources (LTR), Novonix (NVX), Pexa Group (PXA), Santos (STO), Woodside (WDS).

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 %

Astral Resources

AAR

$0.145

+11.5%

+90.8%

Australian Foundation Investment

AFI

$7.66

+3.2%

+7.9%

Benz Mining Corp.

BNZ

$0.420

+50.0%

0%

Vaneck China New Economy ETF

CNEW

$6.89

+1.2%

+2.8%

Global X Physical Silver ETF

ETPMAG

$45.14

+4.0%

+30.3%

Global X Fang+ ETF

FANG

$31.29

+9.5%

+56.5%

Generation Development

GDG

$3.89

+13.7%

+149.8%

Barrow Hanley Global Share ETF

GLOB

$4.81

+3.7%

+11.3%

BetaShares Global Cybersecurity ETF

HACK

$13.75

+6.2%

+30.6%

Hyperion Global Growth ETF

HYGG

$6.70

+15.3%

+53.0%

JB HI-FI

JBH

$94.80

+15.9%

+98.7%

Kogan.Com

KGN

$5.72

+17.0%

+8.7%

Munro Global Growth ETF

MAET

$6.93

+6.5%

+41.1%

Munro Climate Change Leaders ETF

MCCL

$17.84

+6.8%

+80.2%

MTM Critical Metals

MTM

$0.180

+127.8%

+620.0%

Mystate

MYS

$4.16

+9.8%

+39.1%

News Corporation

NWS

$50.45

+6.9%

+45.4%

Orica

ORI

$18.66

+4.0%

+19.2%

Pro Medicus

PME

$268.10

+34.1%

+200.4%

Qantas Airways

QAN

$9.03

+7.9%

+65.4%

Queensland Pacific Metals

QPM

$0.053

+55.9%

-1.9%

Regis Resources

RRL

$2.73

+10.1%

+37.9%

Smart Parking

SPZ

$0.935

+30.8%

+167.1%

Temple & Webster Group

TPW

$13.36

+17.2%

+65.1%

Tuas

TUA

$6.08

+16.9%

+133.8%

BetaShares S&P 500 Yield ETF

UMAX

$26.95

+4.9%

+25.6%

Vanguard Ethically Conscious Shares Index ETF

VESG

$101.35

+5.9%

+31.1%

Vanguard Ex-US Shares Index ETF

VEU

$94.38

+3.3%

+14.7%

Vaneck MSCI International Value ETF

VLUE

$26.75

+2.3%

+10.9%

WCM Quality Global Growth ETF

WCMQ

$11.03

+13.2%

+44.8%

SPDR S&P Global Dividend ETF

WDIV

$20.57

+3.7%

+16.0%

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: Benz Mining Corp. (ASX: BNZ), Generation Development Group (ASX: GDG), BetaShares Global Cybersecurity ETF (ASX: HACK), Kogan.Com (ASX: KGN), MTM Critical Metals (ASX: MTM), News Corporation (ASX: NWS), Qantas Airways (ASX: QAN), Tuas (ASX: TUA), BetaShares S&P 500 Yield Maximiser Fund ETF (ASX: UMAX).

Charts of each below:

Benz Mining Corp. (ASX-BNZ) chart 6 December 2024BetaShares Global Cybersecurity ETF (ASX-HACK) chart 6 December 2024BetaShares S&P 500 Yield Maximiser Fund ETF (ASX-UMAX) chart 6 December 2024Generation Development Group (ASX-GDG) chart 6 December 2024Kogan.Com (ASX-KGN) chart 6 December 2024MTM Critical Metals (ASX-MTM) chart 6 December 2024News Corporation (ASX-NWS) chart 6 December 2024Qantas Airways (ASX-QAN) chart 6 December 2024Tuas (ASX-TUA) chart 6 December 2024

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

Audinate Group

AD8

$7.80

-14.8%

-46.9%

Atlas Arteria

ALX

$4.66

-3.1%

-16.8%

Aurizon

AZJ

$3.35

-4.0%

-6.9%

Bannerman Energy

BMN

$2.71

-5.2%

-1.1%

Boss Energy

BOE

$2.58

-19.1%

-39.4%

BWP Trust

BWP

$3.37

0%

-2.6%

Challenger

CGF

$6.05

-3.5%

+3.4%

Chalice Mining

CHN

$1.320

-16.7%

-5.4%

Centuria Industrial Reit

CIP

$2.92

-3.0%

-3.6%

Centuria Office Reit

COF

$1.160

-2.1%

-9.4%

Charter Hall Social Infrastructure Reit

CQE

$2.56

-1.2%

-4.1%

Charter Hall Retail Reit

CQR

$3.29

-1.5%

+0.9%

Clinuvel Pharmaceuticals

CUV

$12.68

-6.6%

-24.3%

Droneshield

DRO

$0.670

-21.2%

+116.1%

Dexus Industria Reit.

DXI

$2.62

0%

-2.6%

Endeavour Group

EDV

$4.35

-8.0%

-14.4%

Elders

ELD

$7.56

-12.5%

+4.5%

Fletcher Building

FBU

$2.60

-10.0%

-38.2%

Graincorp

GNC

$7.66

-13.8%

+4.9%

Healthco Healthcare and Wellness Reit

HCW

$1.065

-4.1%

-21.4%

Iluka Resources

ILU

$4.93

-15.6%

-26.6%

IPH

IPH

$5.02

-6.9%

-25.6%

Iress

IRE

$9.00

-9.5%

+16.3%

Lifestyle Communities

LIC

$8.81

-0.2%

-46.6%

Latin Resources

LRS

$0.155

-22.5%

-8.8%

Liontown Resources

LTR

$0.625

-23.3%

-49.4%

Nufarm

NUF

$3.83

-4.0%

-17.6%

Novonix

NVX

$0.670

-6.9%

-2.2%

Paladin Energy

PDN

$7.62

-20.9%

-27.8%

Pilbara Minerals

PLS

$2.25

-25.2%

-30.3%

Pexa Group

PXA

$12.90

-5.1%

+11.7%

Rural Funds Group

RFF

$1.800

-2.7%

-7.7%

Region Group

RGN

$2.17

+1.4%

+5.3%

The Star Entertainment Group

SGR

$0.195

-9.3%

-66.4%

Santos

STO

$6.59

-3.1%

-2.5%

Strike Energy

STX

$0.200

-7.0%

-50.6%

Sayona Mining

SYA

$0.030

-6.3%

-51.6%

Transurban Group

TCL

$12.78

+0.9%

-1.5%

Tyro Payments

TYR

$0.885

+8.6%

-12.4%

Woodside Energy Group

WDS

$24.06

-0.8%

-18.5%

Worley

WOR

$13.29

-12.5%

-21.4%

Woolworths Group

WOW

$29.92

+0.9%

-13.6%

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: Audinate Group (ASX: AD8), Atlas Arteria (ASX: ALX), Aurizon (ASX: AZJ), Boss Energy (ASX: BOE), BWP Trust (ASX: BWP), Challenger (ASX: CGF), Chalice Mining (ASX: CHN), Charter Hall Social Infrastructure Reit (ASX: CQE), Clinuvel Pharmaceuticals (ASX: CUV), Droneshield (ASX: DRO), Dexus Industria Reit. (ASX: DXI), Healthco Healthcare and Wellness Reit (ASX: HCW), Liontown Resources (ASX: LTR), Novonix (ASX: NVX), Pexa Group (ASX: PXA), Rural Funds Group (ASX: RFF), Santos (ASX: STO), Woodside Energy Group (ASX: WDS).

Charts of each below:

Atlas Arteria (ASX-ALX) chart 6 December 2024Audinate Group (ASX-AD8) chart 6 December 2024Aurizon (ASX-AZJ) chart 6 December 2024Boss Energy (ASX-BOE) chart 6 December 2024BWP Trust (ASX-BWP) chart 6 December 2024Chalice Mining (ASX-CHN) chart 6 December 2024Challenger (ASX-CGF) chart 6 December 2024Charter Hall Social Infrastructure Reit (ASX-CQE) chart 6 December 2024Clinuvel Pharmaceuticals (ASX-CUV) chart 6 December 2024Dexus Industria Reit. (ASX-DXI) chart 6 December 2024Droneshield (ASX-DRO) chart 6 December 2024Healthco Healthcare and Wellness Reit (ASX-HCW) chart 6 December 2024Liontown Resources (ASX-LTR) chart 6 December 2024Novonix (ASX-NVX) chart 6 December 2024Pexa Group (ASX-PXA) chart 6 December 2024Rural Funds Group (ASX-RFF) chart 6 December 2024Santos (ASX-STO) chart 6 December 2024Woodside Energy Group (ASX-WDS) chart 6 December 2024

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-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

Subscribe free