Technical Analysis

ChartWatch ASX Scans: Iondrive, Orthocell, Perenti, Mesoblast, Singular Health, Lifestyle Communities, Woodside Energy, Whitehaven Coal

Fri 20 Dec 24, 9:00am (AEDT)
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Key Points

  • Interesting uptrends in today's Scans: Iondrive (ION), Mesoblast (MSB), Mystate (MYS), Orthocell (OCC), Perenti (PRN), Singular Health Group (SHG), Supply Network (SNL), Transurban Group (TCL), Telix Pharmaceuticals (TLX), XRF Scientific (XRF).
  • Interesting downtrends in today's Scans: Capstone Copper (CSC), Deep Yellow (DYL), IDP Education (IEL), Ioneer (INR), Lifestyle Communities (LIC), Megaport (MP1), Neuren (NEU), Sayona Mining (SYA), Syrah (SYR), Woodside (WDS), Whitehaven Coal (WHC).

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 %

Iondrive

ION

$0.025

+108.3%

+31.6%

Mesoblast

MSB

$3.05

+93.7%

+883.9%

Mystate

MYS

$4.25

+5.5%

+40.7%

Orthocell

OCC

$1.250

+96.9%

+212.5%

Perenti

PRN

$1.415

+13.7%

+42.2%

Singular Health Group

SHG

$0.220

+120.0%

+478.9%

Supply Network

SNL

$33.03

+11.7%

+115.2%

Transurban Group

TCL

$13.45

+7.1%

-1.4%

Telix Pharmaceuticals

TLX

$25.67

+11.8%

+173.1%

XRF Scientific

XRF

$1.865

+16.6%

+59.4%

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: Iondrive (ASX: ION), Mesoblast (ASX: MSB), Mystate (ASX: MYS), Orthocell (ASX: OCC), Perenti (ASX: PRN), Singular Health Group (ASX: SHG), Supply Network (ASX: SNL), Transurban Group (ASX: TCL), Telix Pharmaceuticals (ASX: TLX), XRF Scientific (ASX: XRF).

Charts of each below:

Iondrive (ASX-ION) chart 19 December 2024Mesoblast (ASX-MSB) chart 19 December 2024Orthocell (ASX-OCC) chart 19 December 2024Perenti (ASX-PRN) chart 19 December 2024Singular Health Group (ASX-SHG) chart 19 December 2024Telix Pharmaceuticals (ASX-TLX) chart 19 December 2024Transurban Group (ASX-TCL) chart 19 December 2024XRF Scientific (ASX-XRF) chart 19 December 2024

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

ANZ Group

ANZ

$28.61

-11.1%

+12.1%

Bapcor

BAP

$4.48

-1.8%

-18.2%

Bannerman Energy

BMN

$2.69

-3.2%

+2.3%

Collins Foods

CKF

$7.30

-13.3%

-38.7%

Capstone Copper Corp.

CSC

$9.53

-13.9%

0%

Corporate Travel Management

CTD

$12.97

-9.2%

-32.5%

Cleanaway Waste Management

CWY

$2.67

-7.3%

+2.3%

Deterra Royalties

DRR

$3.73

+2.5%

-28.4%

Deep Yellow

DYL

$1.055

-13.9%

+9.9%

Flight Centre Travel Group

FLT

$16.30

-5.3%

-17.0%

Fortescue

FMG

$17.85

+0.6%

-35.8%

Fleetpartners Group

FPR

$2.92

-10.4%

-6.4%

IDP Education

IEL

$11.56

-12.3%

-41.6%

IGO

IGO

$4.90

-1.2%

-44.8%

Imugene

IMU

$0.036

-10.0%

-62.1%

Ioneer

INR

$0.140

-33.3%

+21.7%

Karoon Energy

KAR

$1.230

-9.9%

-36.8%

Lifestyle Communities

LIC

$8.07

-8.0%

-56.6%

Lendlease Group

LLC

$6.18

-8.2%

-16.7%

McMillan Shakespeare

MMS

$14.11

-6.4%

-12.5%

Megaport

MP1

$7.45

-11.3%

-22.0%

Neuren Pharmaceuticals

NEU

$12.54

-8.4%

-20.8%

Nextdc

NXT

$15.16

-8.2%

+14.5%

Polynovo

PNV

$2.01

-1.0%

+24.1%

PWR Holdings

PWH

$8.02

+17.1%

-19.0%

Rural Funds Group

RFF

$1.720

-9.2%

-16.5%

Strike Energy

STX

$0.195

-9.3%

-55.2%

Sayona Mining

SYA

$0.024

-36.8%

-60.0%

Syrah Resources

SYR

$0.175

-25.5%

-70.8%

Vulcan Steel

VSL

$6.65

-10.5%

-10.9%

Woodside Energy Group

WDS

$23.10

-5.3%

-24.2%

Whitehaven Coal

WHC

$6.07

-9.8%

-15.9%

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: Bapcor (ASX: BAP), Collins Foods (ASX: CKF), Capstone Copper Corp. (ASX: CSC), Corporate Travel Management (ASX: CTD), Deterra Royalties (ASX: DRR), Deep Yellow (ASX: DYL), IDP Education (ASX: IEL), Ioneer (ASX: INR), Lifestyle Communities (ASX: LIC), Lendlease Group (ASX: LLC), McMillan Shakespeare (ASX: MMS), Megaport (ASX: MP1), Neuren Pharmaceuticals (ASX: NEU), Nextdc (ASX: NXT), Rural Funds Group (ASX: RFF), Sayona Mining (ASX: SYA), Syrah Resources (ASX: SYR), Woodside Energy Group (ASX: WDS), Whitehaven Coal (ASX: WHC)..

Charts of each below:

Bapcor (ASX-BAP) chart 19 December 2024Capstone Copper Corp. (ASX-CSC) chart 19 December 2024Collins Foods (ASX-CKF) chart 19 December 2024Corporate Travel Management (ASX-CTD) chart 19 December 2024Deep Yellow (ASX-DYL) chart 19 December 2024Deterra Royalties (ASX-DRR) chart 19 December 2024IDP Education (ASX-IEL) chart 19 December 2024Ioneer (ASX-INR) chart 19 December 2024Lendlease Group (ASX-LLC) chart 19 December 2024Lifestyle Communities (ASX-LIC) chart 19 December 2024McMillan Shakespeare (ASX-MMS) chart 19 December 2024Megaport (ASX-MP1) chart 19 December 2024Neuren Pharmaceuticals (ASX-NEU) chart 19 December 2024Nextdc (ASX-NXT) chart 19 December 2024Rural Funds Group (ASX-RFF) chart 19 December 2024Sayona Mining (ASX-SYA) chart 19 December 2024Syrah Resources (ASX-SYR) chart 19 December 2024Whitehaven Coal (ASX-WHC) chart 19 December 2024Woodside Energy Group (ASX-WDS) chart 19 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-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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