TECHNICAL ANALYSIS

ChartWatch ASX Scans: Global X Physical Gold & Physical Silver ETFs, Evolution Mining, Northern Star Resources, Megaport, Woolworths

Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.

Lead Writer and Presenter
17 October 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Global X Physical Gold & Physical Silver ETFs, Evolution Mining, Northern Star Resources, Megaport, Woolworths

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: AMP (AMP), BCI Minerals (BCI), Physical Silver ETF (ETPMAG), Evolution Mining (EVN), Vaneck Gold Miners ETF (GDX), Physical Gold ETF (GOLD), MTM Critical Metals (MTM), Nickel Industries (NIC), Regis Resources (RRL)
  • Interesting downtrends in today's Scans: Amotiv (AOV), Cochlear (COH), Data#3 (DTL), Endeavour Group (EDV), IDP Education (IEL), Jumbo Interactive (JIN), Megaport (MP1), Neuren Pharmaceuticals (NEU), Star Entertainment (SGR), Woolworths Group (WOW)

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 %
Adairs
ADH
$2.40
+34.1%
+70.8%
AMP
AMP
$1.355
+2.3%
+14.3%
ANZ Group
ANZ
$31.40
+0.6%
+22.1%
BCI Minerals
BCI
$0.320
+6.7%
+26.0%
Bank of Queensland
BOQ
$6.68
+2.8%
+22.3%
Catapult Group
CAT
$2.48
+4.6%
+155.7%
Capricorn Metals
CMM
$6.43
+3.0%
+49.9%
Dropsuite
DSE
$3.55
+4.7%
+47.9%
Global X Physical Silver ETF
ETPMAG
$43.85
+3.8%
+35.8%
Evolution Mining
EVN
$5.01
+13.6%
+41.1%
Findi
FND
$5.18
+23.6%
+1051.1%
Vaneck Gold Miners ETF
GDX
$60.90
+3.6%
+38.6%
Global X Physical Gold ETF
GOLD
$36.76
+4.3%
+33.8%
Imdex
IMD
$2.43
+8.5%
+66.4%
Judo Capital
JDO
$1.810
+3.7%
+106.9%
Metro Mining
MMI
$0.050
+47.1%
+138.1%
MTM Critical Metals
MTM
$0.099
+83.3%
+175.0%
Nickel Industries
NIC
$0.960
+15.7%
+20.0%
Northern Star Resources
NST
$16.81
+6.5%
+52.1%
Piedmont Lithium
PLL
$0.205
+95.2%
-63.1%
Qantas Airways
QAN
$7.45
+4.1%
+48.4%
Ramelius Resources
RMS
$2.33
+7.4%
+39.1%
Regis Resources
RRL
$2.56
+32.0%
+63.1%
Resolute Mining
RSG
$0.825
+14.6%
+126.0%
Vulcan Energy Resources
VUL
$4.96
+37.4%
+80.4%
Today's Uptrends Scan List

Feature charts from today's Uptrends List 🔎📈

Adairs (ASX: ADH), AMP (ASX: AMP), BCI Minerals (ASX: BCI), Bank of Queensland (ASX: BOQ), Capricorn Metals (ASX: CMM), Global X Physical Silver ETF (ASX: ETPMAG), Evolution Mining (ASX: EVN), Vaneck Gold Miners ETF (ASX: GDX), Global X Physical Gold ETF (ASX: GOLD), Judo Capital (ASX: JDO), MTM Critical Metals (ASX: MTM), Nickel Industries (ASX: NIC), Northern Star Resources (ASX: NST), Qantas Airways (ASX: QAN), Ramelius Resources (ASX: RMS), Regis Resources (ASX: RRL).

Charts of each below:

Adairs (ASX-ADH) chart 16 October 2024 AMP (ASX-AMP) chart 16 October 2024 Bank of Queensland (ASX-BOQ) chart 16 October 2024 BCI Minerals (ASX-BCI) chart 16 October 2024 Capricorn Metals (ASX-CMM) chart 16 October 2024 Evolution Mining (ASX-EVN) chart 16 October 2024 Global X Physical Gold Global X Physical Gold (ASX-GOLD) chart 16 October 2024 Global X Physical Silver ETF (ASX-ETPMAG) chart 16 October 2024 Judo Capital (ASX-JDO) chart 16 October 2024 MTM Critical Metals (ASX-MTM) chart 16 October 2024 Nickel Industries (ASX-NIC) chart 16 October 2024 Northern Star Resources (ASX-NST) chart 16 October 2024 Qantas Airways (ASX-QAN) chart 16 October 2024 Ramelius Resources (ASX-RMS) chart 16 October 2024 Regis Resources (ASX-RRL) chart 16 October 2024 Vaneck Gold Miners ETF (ASX-GDX) chart 16 October 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Amotiv
AOV
$9.98
-3.5%
-14.8%
Cochlear
COH
$286.10
-0.2%
+11.4%
Data#3
DTL
$7.36
-4.9%
+1.7%
Endeavour Group
EDV
$4.83
-4.7%
-8.5%
IDP Education
IEL
$13.00
-19.5%
-42.1%
Infomedia
IFM
$1.495
-9.9%
-4.8%
Immutep
IMM
$0.305
-10.3%
+14.0%
Inghams Group
ING
$2.89
-2.4%
-14.5%
Jumbo Interactive
JIN
$12.96
-2.7%
-15.1%
Karoon Energy
KAR
$1.525
+3.4%
-41.2%
Megaport
MP1
$7.44
-0.9%
-35.6%
Metcash
MTS
$3.51
-1.7%
-6.6%
Monash IVF Group
MVF
$1.190
+0.8%
-6.3%
Neuren Pharmaceuticals
NEU
$12.70
-7.0%
+7.6%
PWR Holdings
PWH
$8.92
-0.3%
-18.5%
Rural Funds Group
RFF
$1.945
-2.8%
+6.3%
Steadfast Group
SDF
$5.39
-4.6%
-4.8%
The Star Entertainment Group
SGR
$0.255
-49.0%
-69.0%
Spark New Zealand
SPK
$2.65
-14.2%
-42.6%
Webjet
WEB
$4.46
-33.2%
-22.5%
Woolworths Group
WOW
$32.52
-7.3%
-12.4%
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: Amotiv (ASX: AOV), Cochlear (ASX: COH), Data#3 (ASX: DTL), Endeavour Group (ASX: EDV), IDP Education (ASX: IEL), Jumbo Interactive (ASX: JIN), Megaport (ASX: MP1), Neuren Pharmaceuticals (ASX: NEU), PWR Holdings (ASX: PWH), Steadfast Group (ASX: SDF), The Star Entertainment Group (ASX: SGR), Spark New Zealand (ASX: SPK), Webjet (ASX: WEB), Woolworths Group (ASX: WOW).

Charts of each below:

Amotiv (ASX-AOV) chart 16 October 2024 Cochlear (ASX-COH) chart 16 October 2024 Data-3 (ASX-DTL) chart 16 October 2024 Endeavour Group (ASX-EDV) chart 16 October 2024 IDP Education (ASX-IEL) chart 16 October 2024 Jumbo Interactive (ASX-JIN) chart 16 October 2024 Megaport (ASX-MP1) chart 16 October 2024 Neuren Pharmaceuticals (ASX-NEU) chart 16 October 2024 PWR Holdings (ASX-PWH) chart 16 October 2024 Spark New Zealand (ASX-SPK) chart 16 October 2024 Steadfast Group (ASX-SDF) chart 16 October 2024 The Star Entertainment Group (ASX-SGR) chart 16 October 2024 Webjet (ASX-WEB) chart 16 October 2024 Woolworths Group (ASX-WOW) chart 16 October 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.

ABOUT THE AUTHOR

Lead Writer and Presenter

Carl brings more than 30 years of investing experience and a track record of helping thousands of investors navigate every kind of market. A highly regarded commentator on global macro trends and their impact on Australian and US equities, he is also one of Australia's most recognised educators in technical analysis — having taught his distinctive price-action trend following methodology to two generations of investors.

04/06/2026