Evening Wrap: ASX 200 gives back gains as US futures rocket on US-Chins trade talks, gold and pharma stocks tumble
Mon 12 May 25, 5:34pm (AEST)
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/ChartWatch ASX Scans: Mineral Resources, QBE Insurance, Macquarie Technology, Wisetech Global, Chalice Mining
Technical Analysis
ChartWatch ASX Scans: Mineral Resources, QBE Insurance, Macquarie Technology, Wisetech Global, Chalice Mining
Fri 28 Feb 25, 9:30am (AEST)
Source: Shutterstock
Stocks in article
Key Points
- Interesting uptrends in today's Scans: Chalice Mining (CHN), Catalyst Metals (CYL), EVT (EVT), Light & Wonder (LNW), Medibank (MPL), Navigator Global (NGI), OOH!Media (OML), QBE Insurance (QBE), Sims (SGM), Supply Network (SNL), Sovereign Metals (SVM).
- Interesting downtrends in today's Scans: Cochlear (COH), Macquarie Technology (MAQ), Mineral Resources (MIN), Nickel Industries (NIC), Pexa Group (PXA), Reece (REH), Ramsay Health Care (RHC), Silex Systems (SLX), Stanmore Resources (SMR), Wisetech (WTC).
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 % |
AIC Mines | A1M | $0.410 | +20.6% | +46.4% |
Australian Agricultural Company | AAC | $1.515 | +10.2% | +7.1% |
Australian Ethical Investment | AEF | $6.20 | +26.0% | +17.9% |
Baby Bunting Group | BBN | $1.895 | +3.3% | +18.8% |
Black Cat Syndicate | BC8 | $0.855 | +26.7% | +327.5% |
Chalice Mining | CHN | $1.530 | +37.8% | +50.7% |
Capricorn Metals | CMM | $7.88 | +4.0% | +77.1% |
Catalyst Metals | CYL | $4.22 | +15.0% | +797.9% |
Data#3 | DTL | $7.89 | +15.2% | -0.1% |
Global X Euro Stoxx 50 ETF | ESTX | $100.55 | +5.1% | +11.3% |
EVT | EVT | $14.18 | +20.7% | +21.8% |
Fiducian Group | FID | $10.75 | +19.4% | +57.6% |
Barrow Hanley Global Share Fund ETF | GLOB | $4.93 | +0.6% | +9.6% |
GR Engineering Services | GNG | $3.00 | +7.9% | +30.4% |
Helia Group | HLI | $5.97 | +23.1% | +48.0% |
Light & Wonder | LNW | $178.00 | +24.9% | +25.5% |
Magnetic Resources | MAU | $1.350 | +7.1% | +39.2% |
Medibank Private | MPL | $4.42 | +13.9% | +20.8% |
Navigator Global Investments | NGI | $2.00 | +24.6% | +40.4% |
OOH!Media | OML | $1.575 | +34.0% | -13.0% |
Predictive Discovery | PDI | $0.345 | +30.2% | +81.6% |
QBE Insurance Group | QBE | $21.71 | +6.2% | +28.1% |
Sims | SGM | $14.72 | +8.6% | +17.8% |
Supply Network | SNL | $37.23 | +3.4% | +105.5% |
Sovereign Metals | SVM | $0.940 | +16.8% | +111.2% |
Telstra Group | TLS | $4.11 | +2.5% | +6.2% |
WAM Capital | WAM | $1.680 | +5.3% | +5.7% |
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: Australian Ethical Investment (ASX: AEF), Chalice Mining (ASX: CHN), Catalyst Metals (ASX: CYL), EVT (ASX: EVT), GR Engineering Services (ASX: GNG), Helia Group (ASX: HLI), Light & Wonder (ASX: LNW), Medibank Private (ASX: MPL), Navigator Global Investments (ASX: NGI), OOH!Media (ASX: OML), QBE Insurance Group (ASX: QBE), Sims (ASX: SGM), Supply Network (ASX: SNL), Sovereign Metals (ASX: SVM).
Charts of each below:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
4DMEDICAL | 4DX | $0.410 | -28.7% | -36.4% |
Bannerman Energy | BMN | $2.40 | -14.0% | -25.2% |
Champion Iron | CIA | $5.44 | -2.2% | -30.9% |
Centuria Capital Group | CNI | $1.650 | -8.3% | +6.5% |
Cochlear | COH | $262.80 | -16.8% | -24.0% |
CSL | CSL | $260.29 | -6.2% | -9.4% |
Cleanaway Waste Management | CWY | $2.58 | -7.2% | -3.7% |
Domino's Pizza Enterprises | DMP | $28.03 | -7.7% | -34.9% |
Goodman Group | GMG | $32.10 | -8.3% | +11.7% |
Lindsay Australia | LAU | $0.635 | -27.8% | -39.8% |
Macquarie Technology Group | MAQ | $72.34 | -11.8% | +4.1% |
Mineral Resources | MIN | $24.17 | -33.3% | -62.3% |
Nickel Industries | NIC | $0.735 | -8.1% | +0.7% |
Novonix | NVX | $0.460 | -20.0% | -47.7% |
Nuix | NXL | $3.76 | -14.9% | +88.5% |
Nextdc | NXT | $13.61 | -7.0% | -7.6% |
OFX Group | OFX | $1.240 | -10.5% | -18.4% |
Peninsula Energy | PEN | $0.900 | -33.6% | -59.8% |
Pilbara Minerals | PLS | $2.02 | -14.4% | -47.9% |
Pexa Group | PXA | $11.39 | -14.6% | -8.1% |
Reece | REH | $17.21 | -28.7% | -28.6% |
Ramsay Health Care | RHC | $36.18 | +7.1% | -29.3% |
Silex Systems | SLX | $4.04 | -32.0% | -10.2% |
Stanmore Resources | SMR | $2.40 | -9.1% | -30.4% |
Syrah Resources | SYR | $0.225 | -2.2% | -62.4% |
Webjet | WJL | $0.710 | -4.1% | 0% |
Waypoint Reit | WPR | $2.34 | -3.7% | -4.5% |
Wisetech Global | WTC | $93.99 | -21.8% | +8.1% |
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: Cochlear (ASX: COH), Macquarie Technology Group (ASX: MAQ), Mineral Resources (ASX: MIN), Nickel Industries (ASX: NIC), Novonix (ASX: NVX), Nextdc (ASX: NXT), OFX Group (ASX: OFX), Pexa Group (ASX: PXA), Reece (ASX: REH), Ramsay Health Care (ASX: RHC), Silex Systems (ASX: SLX), Stanmore Resources (ASX: SMR), Wisetech Global (ASX: WTC).
Charts of each below:
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.
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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