Technical Analysis

ChartWatch ASX Scans: JB HI-FI, Netwealth, Origin, Pro Medicus, Queensland Pacific Metals, Audinate, Chalice Mining, Lovisa, Liontown

Fri 10 Jan 25, 9:00am (AEDT)
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Stocks in article

aba
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ad8
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all
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alq
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brg
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bvs
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cat
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hub
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jbh
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ltr
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maq
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nva
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nwl
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org
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pme
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pni
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qpm
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shg
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shv
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Key Points

  • Interesting uptrends in today's Scans: JB HI-FI (JBH), Netwealth Group (NWL), Origin Energy (ORG), Pro Medicus (PME), Pinnacle Investment Management Group (PNI), Queensland Pacific Metals (QPM), Select Harvests (SHV).
  • Interesting downtrends in today's Scans: Audinate (AD8), Abacus Storage King (ASK), Chalice Mining (CHN), Coronado (CRN), Clinuvel (CUV), Flight Centre (FLT), Kelsian (KLS), Lovisa (LOV), Liontown (LTR), Megaport (MP1), Star Entertainment (SGR).

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 %

Auswide Bank

ABA

$4.87

+10.7%

-3.8%

Aristocrat Leisure

ALL

$71.79

+6.1%

+81.7%

ALS

ALQ

$15.82

+0.4%

+26.5%

Breville Group

BRG

$36.06

0%

+40.2%

Bravura Solutions

BVS

$2.28

+3.2%

+188.6%

Catapult Group International

CAT

$3.62

0%

+176.3%

Hub24

HUB

$72.96

-4.2%

+104.7%

Insurance Australia Group

IAG

$8.57

-0.1%

+46.7%

JB HI-FI

JBH

$96.40

+1.7%

+84.6%

Macquarie Technology Group

MAQ

$89.44

+1.6%

+35.2%

Moneyme

MME

$0.205

+36.7%

+122.8%

Macquarie Group

MQG

$234.10

+1.4%

+31.2%

Nova Minerals

NVA

$0.405

+68.8%

+11.0%

Netwealth Group

NWL

$30.41

-0.1%

+96.6%

Origin Energy

ORG

$11.13

+4.7%

+32.2%

Pro Medicus

PME

$269.38

+0.5%

+200.1%

Pinnacle Investment Management Group

PNI

$23.63

-3.2%

+137.2%

Queensland Pacific Metals

QPM

$0.063

+18.9%

+14.5%

Singular Health Group

SHG

$0.225

+55.2%

+435.7%

Select Harvests

SHV

$4.50

+5.9%

+59.8%

Spartan Resources

SPR

$1.615

+2.2%

+215.6%

Transurban Group

TCL

$13.59

+6.3%

-0.4%

Tasmea

TEA

$3.30

+14.6%

0%

Telstra Group

TLS

$4.07

+2.0%

+4.9%

Vection Technologies

VR1

$0.039

+95.0%

+85.7%

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: JB HI-FI (ASX: JBH), Netwealth Group (ASX: NWL), Origin Energy (ASX: ORG), Pro Medicus (ASX: PME), Pinnacle Investment Management Group (ASX: PNI), Queensland Pacific Metals (ASX: QPM), Select Harvests (ASX: SHV).

Charts of each below:

JB HI-FI (ASX-JBH) chart 9 January 2025Netwealth Group (ASX-NWL) chart 9 January 2025Origin Energy (ASX-ORG) chart 9 January 2025Pinnacle Investment Management Group (ASX-PNI) chart 9 January 2025Pro Medicus (ASX-PME) chart 9 January 2025Queensland Pacific Metals (ASX-QPM) chart 9 January 2025Select Harvests (ASX-SHV) chart 9 January 2025

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

Abacus Group

ABG

$1.105

-5.6%

-0.9%

Audinate Group

AD8

$7.01

-10.1%

-56.9%

Abacus Storage King

ASK

$1.125

-5.9%

+5.1%

Challenger

CGF

$6.02

-0.5%

-7.4%

Chalice Mining

CHN

$1.065

-19.3%

-28.0%

Collins Foods

CKF

$7.22

-9.0%

-39.4%

Coronado Global Resources

CRN

$0.735

-11.4%

-57.8%

Corporate Travel Management

CTD

$12.66

-10.0%

-33.3%

Clinuvel Pharmaceuticals

CUV

$11.46

-9.6%

-26.9%

Flight Centre Travel Group

FLT

$16.10

-4.8%

-18.9%

Guzman y Gomez

GYG

$39.60

-8.7%

0%

Healthco Healthcare and Wellness Reit

HCW

$0.945

-11.3%

-29.5%

Ioneer

INR

$0.150

-14.3%

+7.1%

Kelsian Group

KLS

$3.51

-8.4%

-48.8%

Lovisa

LOV

$26.75

-12.0%

+16.4%

Liontown Resources

LTR

$0.560

-10.4%

-63.6%

Meteoric Resources

MEI

$0.082

-11.8%

-71.2%

Megaport

MP1

$6.78

-12.5%

-20.3%

PWR Holdings

PWH

$7.75

-6.2%

-15.5%

Ramsay Health Care

RHC

$34.43

-14.5%

-32.8%

Reliance Worldwide Corporation

RWC

$5.02

-6.3%

+17.6%

Stockland

SGP

$4.83

-5.8%

+10.8%

The Star Entertainment Group

SGR

$0.130

-33.3%

-75.5%

Sayona Mining

SYA

$0.025

-16.7%

-60.9%

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: Abacus Group (ASX: ABG), Audinate Group (ASX: AD8), Abacus Storage King (ASX: ASK), Chalice Mining (ASX: CHN), Coronado Global Resources (ASX: CRN), Clinuvel Pharmaceuticals (ASX: CUV), Flight Centre Travel Group (ASX: FLT), Healthco Healthcare and Wellness Reit (ASX: HCW), Kelsian Group (ASX: KLS), Lovisa (ASX: LOV), Liontown Resources (ASX: LTR), Megaport (ASX: MP1), The Star Entertainment Group (ASX: SGR)..

Charts of each below:

Abacus Group (ASX-ABG) chart 9 January 2025Abacus Storage King (ASX-ASK) chart 9 January 2025Audinate Group (ASX-AD8) chart 9 January 2025Chalice Mining (ASX-CHN) chart 9 January 2025Clinuvel Pharmaceuticals (ASX-CUV) chart 9 January 2025Coronado Global Resources (ASX-CRN) chart 9 January 2025Flight Centre Travel Group (ASX-FLT) chart 9 January 2025Healthco Healthcare and Wellness Reit (ASX-HCW) chart 9 January 2025Kelsian Group (ASX-KLS) chart 9 January 2025Liontown Resources (ASX-LTR) chart 9 January 2025Lovisa (ASX-LOV) chart 9 January 2025Megaport (ASX-MP1) chart 9 January 2025The Star Entertainment Group (ASX-SGR) chart 9 January 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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