Technical Analysis

ChartWatch ASX Scans: Life360, Car Group, Orthocell, Qoria, Sigma Healthcare, Xero, Whitehaven Coal, Patriot Battery Metals, Worley

Thu 28 Nov 24, 9:00am (AEDT)
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Stocks in article

360
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bgl
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bhp
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boe
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bpt
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car
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llc
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ltr
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mff
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nxt
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occ
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pmt
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pmv
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pyc
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qor
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sig
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wc8
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whc
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wor
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xro
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Key Points

  • Interesting uptrends in today's Scans: Life360 (360), Car Group (CAR), Orthocell (OCC), Qoria (QOR), Sigma Healthcare (SIG), Xero (XRO).
  • Interesting downtrends in today's Scans: Graincorp (GNC), IPH (IPH), NIB (NHF), Nextdc (NXT), Patriot Battery Metals (PMT), Whitehaven Coal (WHC), Worley (WOR).

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 %

Life360

360

$24.70

+10.9%

+224.6%

Alcoa Corporation

AAI

$73.00

+16.7%

0%

Car Group

CAR

$42.42

+13.2%

+53.5%

Lendlease Group

LLC

$7.11

+5.2%

+10.2%

Munro Global Growth Fund ETF

MAET

$6.76

+5.0%

+35.5%

Munro Climate Change Leaders Fund ETF

MCCL

$17.75

+5.3%

+77.0%

MFF Capital Investments

MFF

$4.32

+10.8%

+46.4%

Orthocell

OCC

$0.805

+24.8%

+96.3%

Premier Investments

PMV

$35.23

+3.8%

+49.2%

PYC Therapeutics

PYC

$2.00

+14.3%

+162.8%

QBE Insurance Group

QBE

$19.76

+14.4%

+29.2%

Qoria

QOR

$0.465

+10.7%

+106.7%

Ricegrowers

SGLLV

$9.85

+8.4%

+63.0%

Sigma Healthcare

SIG

$2.70

+42.1%

+291.6%

Xero

XRO

$175.89

+16.4%

+76.7%

Today's Uptrends Scan List

Feature Charts from today's Uptrends List πŸ”ŽπŸ“ˆ

The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: Life360 (ASX: 360), Car Group (ASX: CAR), Orthocell (ASX: OCC), Qoria (ASX: QOR), Sigma Healthcare (ASX: SIG), Xero (ASX: XRO).

Charts of each below:

Car Group (ASX-CAR) chart 27 November 2024Life360 (ASX-360) chart 27 November 2024Orthocell (ASX-OCC) chart 27 November 2024Qoria (ASX-QOR) chart 27 November 2024Sigma Healthcare (ASX-SIG) chart 27 November 2024Xero (ASX-XRO) chart 27 November 2024

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

Bellevue Gold

BGL

$1.260

-22.7%

-20.0%

BHP Group

BHP

$39.78

-7.6%

-15.7%

Boss Energy

BOE

$2.84

-17.0%

-34.3%

Beach Energy

BPT

$1.240

-2.0%

-17.3%

Coronado Global Resources

CRN

$0.935

-5.1%

-42.3%

Graincorp

GNC

$7.69

-15.4%

+2.5%

IPH

IPH

$4.97

-8.5%

-25.7%

Liontown Resources

LTR

$0.775

-12.9%

-44.6%

Meteoric Resources

MEI

$0.092

-20.0%

-57.2%

NIB

NHF

$5.56

-5.4%

-26.6%

Nextdc

NXT

$15.91

-3.2%

+23.0%

Patriot Battery Metals

PMT

$0.240

-36.8%

-77.3%

Rural Funds Group

RFF

$1.870

0%

-0.5%

Wildcat Resources

WC8

$0.250

-20.6%

-72.7%

Whitehaven Coal

WHC

$6.56

-5.7%

-9.9%

Worley

WOR

$13.86

-2.3%

-19.2%

Today's Downtrends Scan List

Feature Charts from today's Downtrends List πŸ”ŽπŸ“‰

The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: Graincorp (ASX: GNC), IPH (ASX: IPH), NIB (ASX: NHF), Nextdc (ASX: NXT), Patriot Battery Metals (ASX: PMT), Whitehaven Coal (ASX: WHC), Worley (ASX: WOR).

Charts of each below:

Graincorp (ASX-GNC) chart 27 November 2024IPH (ASX-IPH) chart 27 November 2024Nextdc (ASX-NXT) chart 27 November 2024NIB (ASX-NHF) chart 27 November 2024Patriot Battery Metals (ASX-PMT) chart 27 November 2024Whitehaven Coal (ASX-WHC) chart 27 November 2024Worley (ASX-WOR) chart 27 November 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.

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