ChartWatch ASX Scans: NAB, Pro Medicus, Lynas Rare Earths, Elevra Lithium, Paladin Energy, PLS Group, Rio Tinto
Your daily dose of the most actionable uptrends and downtrends on the ASX based on expert technical analysis.
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Mentioned
KEY POINTS
- Today’s most interesting uptrends: BetaShares Crude Oil ETF (OOO), ASX (ASX), Challenger (CGF), National Australia Bank (NAB), Pro Medicus (PME).
- Today’s most interesting downtrends: Artrya (AYA), Champion Iron (CIA), Capricorn Metals (CMM), Develop Global (DVP), Elevra Lithium (ELV), HOT Chili (HCH), IGO (IGO), Lynas Rare Earths (LYC), Paladin Energy (PDN), PLS Group (PLS), Rio Tinto (RIO).
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. You can also watch these videos 📺 in which I perform live analysis of ASX stocks as requested by viewers, including detailed explanations of how my technical model works.
How to use the Uptrends & Downtrends lists, and Feature Chart lists
Feel free to get your favourite AI to convert the tables below into lists you can upload to your favourite trading platform like TradingView. Then you'll be able to skip from chart to chart and quickly and easily see the best uptrends and downtrends on the ASX.
Some investors prefer to buy those stocks in strong uptrends, and avoid, sell, or short sell those stocks in strong downtrends – but how you use my ChartWatch lists is really up to you!
Note, many stocks in both lists have appeared there many times before. As long as they keep meeting my criteria – they'll keep appearing. But note, there won't be any notifications when they don't – so you'll have to do your own research on when a particular trend has changed!
Uptrends Scan List 📈
Company | Code | Last Price | 1mo % | 1yr % | Mkt Cap |
|---|---|---|---|---|---|
Australian Clinical Labs | ACL | $2.93 | +3.9% | +15.8% | $546.5m |
AGL Energy | AGL | $9.12 | +11.8% | +2.1% | $6.1b |
Aristocrat Leisure | ALL | $63.99 | +6.8% | -0.4% | $37.9b |
ASX | ASX | $66.06 | +14.5% | +14.7% | $13.0b |
Bank of Queensland | BOQ | $7.08 | +8.8% | +2.4% | $4.7b |
Brambles | BXB | $21.65 | +15.5% | -12.4% | $28.7b |
Credit Corp | CCP | $14.77 | +3.6% | -1.5% | $1.0b |
Challenger | CGF | $11.92 | +15.3% | +34.0% | $8.1b |
Cochlear | COH | $146.81 | +2.8% | -49.1% | $9.6b |
CSL | CSL | $196.70 | +9.8% | -10.9% | $94.4b |
BetaShares Global Healthcare ETF | DRUG | $9.49 | +6.9% | +14.2% | $181.9m |
iShares Global Healthcare ETF | IXJ | $155.21 | +7.6% | +9.8% | $1.6b |
McMillan Shakespeare | MMS | $19.79 | +2.3% | +13.4% | $1.4b |
Medibank Private | MPL | $4.99 | +9.4% | +6.2% | $13.7b |
Vaneck Aus Banks ETF | MVB | $44.50 | +7.0% | +0.0% | $309.5m |
National Australia Bank | NAB | $41.31 | +8.3% | -5.4% | $128.8b |
New Hope Corp. | NHC | $6.10 | +4.3% | +58.0% | $5.1b |
BetaShares Crude Oil ETF | OOO | $10.92 | +10.2% | +114.1% | $129.6m |
Origin Energy | ORG | $12.18 | +10.6% | -1.8% | $21.0b |
Pro Medicus | PME | $198.38 | +21.2% | -30.2% | $20.7b |
Premier Investments | PMV | $13.93 | +16.6% | -21.8% | $2.2b |
QBE Insurance | QBE | $26.50 | +15.6% | +32.2% | $39.6b |
Resmed | RMD | $35.91 | +13.3% | -12.8% | $51.2b |
State Street Aus High Div Yield ETF | SYI | $33.10 | +4.5% | +9.4% | $770.8m |
Technology One | TNE | $32.25 | +8.8% | -17.0% | $10.6b |
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: BetaShares Crude Oil ETF (OOO), ASX (ASX), Challenger (CGF), National Australia Bank (NAB), Pro Medicus (PME).
Feature Uptrend Charts:
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ChartWatch *LIVE* Webinar
ChartWatch *LIVE* Webinars – WEEKLY Wednesday's @ 12pm AEDT
Learn more about technical analysis and trend following through real case studies on ASX stocks. Australia's premier technical analyst, Carl Capolingua, shares his unique insights on stocks as requested by viewers. Ask about a company in your portfolio or anything related to trading and investing and get Carl's expert opinion.
Places are limited so >REGISTER NOW!<
Downtrends Scan List 📉
Company | Code | Last Price | 1mo % | 1yr % | Mkt Cap |
|---|---|---|---|---|---|
Alpha HPA | A4N | $0.385 | -36.9% | -51.9% | $559.0m |
Alcoa | AAI | $53.92 | -13.9% | -6.1% | $2.2b |
Acrow | ACF | $0.840 | -8.7% | -25.0% | $354.1m |
Alkane Resources | ALK | $1.475 | -22.2% | +40.5% | $2.0b |
ALS | ALQ | $19.71 | -7.1% | -10.0% | $10.0b |
Andean Silver | ASL | $1.325 | -30.8% | -39.8% | $305.0m |
Aurum Resources | AUE | $0.435 | -19.4% | -39.2% | $223.1m |
Artrya | AYA | $2.45 | -38.3% | -26.6% | $400.9m |
Antipa Minerals | AZY | $0.440 | -22.1% | -26.7% | $294.4m |
Black Cat Syndicate | BC8 | $0.585 | -42.1% | -54.7% | $426.5m |
Bell Financial | BFG | $1.360 | -4.9% | +7.9% | $436.2m |
Bellevue Gold | BGL | $1.305 | -17.9% | +9.2% | $1.9b |
BHP | BHP | $55.05 | -9.8% | +26.5% | $293.1b |
Ballard Mining | BM1 | $0.590 | -18.6% | -11.3% | $216.3m |
Boab Metals | BML | $0.295 | -28.0% | -27.2% | $170.7m |
Boss Energy | BOE | $1.205 | -25.8% | -30.7% | $500.3m |
Cobram Estate Olives | CBO | $2.60 | -6.8% | -25.9% | $1.2b |
Chalice Mining | CHN | $0.880 | -29.0% | -58.7% | $343.3m |
Champion Iron | CIA | $2.21 | -30.5% | -54.1% | $1.2b |
Capricorn Metals | CMM | $12.39 | -19.2% | -4.3% | $5.7b |
Catalyst Metals | CYL | $4.75 | -19.8% | -32.3% | $1.3b |
Droneshield | DRO | $1.435 | -11.4% | -70.0% | $1.3b |
Dateline Resources | DTR | $0.071 | +9.2% | -85.1% | $285.0m |
Duratec | DUR | $1.905 | -18.6% | -14.2% | $497.2m |
Develop Global | DVP | $3.71 | -28.8% | -8.6% | $1.2b |
Deep Yellow | DYL | $0.675 | -48.1% | -62.7% | $657.7m |
EBR Systems | EBR | $0.135 | -46.0% | -89.1% | $36.2m |
Elevra Lithium | ELV | $3.40 | -44.5% | -21.5% | $659.7m |
Electro Optic Systems | EOS | $8.46 | -20.8% | +57.0% | $1.9b |
Evolution Mining | EVN | $11.31 | -17.6% | +8.8% | $23.1b |
Firefly Metals | FFM | $1.225 | -29.0% | -25.8% | $1.1b |
Focus Minerals | FML | $1.655 | -15.1% | -21.9% | $474.3m |
Forrestania Resources | FRS | $0.305 | -4.7% | +13.0% | $752.7m |
Fortifai | FTI | $0.290 | -65.9% | +70.6% | $100.5m |
Greatland Resources | GGP | $8.68 | -20.9% | +12.0% | $5.9b |
Galan Lithium | GLN | $0.200 | -47.4% | +25.0% | $254.4m |
Genesis Minerals | GMD | $6.16 | -18.5% | +3.9% | $7.2b |
Goodman Group | GMG | $25.27 | -3.6% | -25.1% | $51.9b |
HOT Chili | HCH | $1.275 | -21.3% | +32.1% | $258.7m |
IGO | IGO | $4.77 | -28.8% | -8.4% | $3.6b |
Iluka Resources | ILU | $4.96 | -18.0% | -34.5% | $2.1b |
Ioneer | INR | $0.093 | -19.1% | -55.7% | $287.2m |
Iperionx | IPX | $1.775 | -37.1% | -77.2% | $643.0m |
Kingsgate Consolidated | KCN | $3.94 | -23.3% | +3.7% | $1.0b |
Korvest | KOV | $14.35 | -13.5% | +8.9% | $171.2m |
Lindian Resources | LIN | $0.375 | -37.0% | +4.2% | $693.5m |
Larvotto Resources | LRV | $0.730 | -36.5% | -43.4% | $379.8m |
Liontown | LTR | $0.640 | -34.4% | -39.6% | $2.0b |
Lynas Rare Earths | LYC | $10.71 | -25.6% | -41.6% | $10.8b |
Magellan Financial | MFG | $7.34 | -12.1% | -30.2% | $2.1b |
Mineral Resources | MIN | $42.36 | -21.8% | +3.3% | $8.4b |
Metals X | MLX | $1.475 | -32.0% | +75.6% | $1.3b |
Midas Minerals | MM1 | $0.865 | -32.7% | +103.5% | $214.4m |
Medallion Metals | MM8 | $0.380 | -30.3% | -30.3% | $352.7m |
Maritana Minerals | MRT | $0.540 | -21.2% | -55.6% | $201.5m |
Mesoblast | MSB | $1.775 | -19.0% | -34.3% | $2.3b |
Nickel Industries | NIC | $0.650 | -20.7% | -9.1% | $2.8b |
Nova Minerals | NVA | $0.360 | -43.8% | -37.9% | $164.9m |
NRW | NWH | $6.02 | -26.6% | +24.9% | $2.8b |
Nexgen Energy | NXG | $11.41 | -15.9% | -9.9% | $5.6b |
Ora Banda Mining | OBM | $1.110 | -27.7% | -13.3% | $2.2b |
Paladin Energy | PDN | $6.88 | -30.6% | -17.8% | $3.1b |
PLS Group | PLS | $2.62 | -33.5% | -6.8% | $8.5b |
PMET Resources | PMT | $0.300 | -34.1% | -23.1% | $29.8m |
Perenti | PRN | $1.900 | -14.8% | -29.9% | $1.8b |
Rio Tinto | RIO | $146.27 | -12.1% | +12.2% | $252.7b |
Ramelius Resources | RMS | $3.31 | -16.0% | -6.0% | $6.2b |
Regis Resources | RRL | $6.05 | -21.7% | +1.8% | $4.6b |
Resolute Mining | RSG | $1.035 | -13.8% | -8.8% | $2.2b |
South32 | S32 | $4.13 | -16.6% | +30.7% | $18.5b |
Sandfire Resources | SFR | $18.45 | -18.4% | +21.1% | $8.6b |
Sims | SGM | $19.26 | -22.2% | +35.7% | $3.7b |
Shape Australia | SHA | $6.25 | -12.7% | +9.8% | $531.1m |
Silex Systems | SLX | $3.22 | -27.6% | -58.4% | $897.7m |
Santana Minerals | SMI | $0.390 | -25.7% | -58.7% | $384.4m |
Sunrise Energy Metals | SRL | $12.68 | -45.2% | +139.7% | $2.2b |
Sovereign Metals | SVM | $0.420 | -14.3% | -41.7% | $275.5m |
Southern Cross Gold | SX2 | $8.98 | -30.4% | +4.4% | $1.4b |
Tamboran Resources | TBN | $0.190 | -26.9% | -5.5% | $326.2m |
Tungsten Mining | TGN | $0.180 | -40.0% | +85.6% | $280.1m |
Titomic | TTT | $0.096 | -26.2% | -65.1% | $171.5m |
Tivan | TVN | $0.145 | -23.7% | -14.7% | $340.4m |
Vulcan Energy Resources | VUL | $1.035 | -50.0% | -81.5% | $495.4m |
Vysarn | VYS | $0.670 | -16.8% | +13.6% | $403.2m |
WA1 Resources | WA1 | $7.63 | -26.1% | -61.3% | $567.3m |
Weebit Nano | WBT | $2.37 | -35.1% | -41.9% | $575.3m |
Westgold Resources | WGX | $4.79 | -11.6% | -6.8% | $4.5b |
WIA Gold | WIA | $0.395 | -14.1% | +5.3% | $788.7m |
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: Alpha HPA (A4N), Alcoa (AAI), ALS (ALQ), Andean Silver (ASL), Artrya (AYA), Black Cat Syndicate (BC8), Boab Metals (BML), Champion Iron (CIA), Capricorn Metals (CMM), Catalyst Metals (CYL), Duratec (DUR), Develop Global (DVP), Elevra Lithium (ELV), Firefly Metals (FFM), Fortifai (FTI), Greatland Resources (GGP), HOT Chili (HCH), IGO (IGO), Lynas Rare Earths (LYC), Ora Banda Mining (OBM), Paladin Energy (PDN), PLS Group (PLS), Rio Tinto (RIO), Sims (SGM), Silex Systems (SLX), Southern Cross Gold (SX2), Vulcan Energy Resources (VUL), Weebit Nano (WBT).
10 Randomly chosen Feature Downtrend Charts:
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Important considerations for using the ChartWatch Daily ASX Scans
1. For more information on Carl's trend following information, check out his Technical analysis for beginners: ChartWatch Primer. 2. 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 next trading today. 3. These lists are not exhaustive, they are carefully 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. 4. 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's up to you to apply the criteria to determine why a particular stock might not still be included. 5. This is general, educational information only – so always do your own research!!!
