TECHNICAL ANALYSIS

ChartWatch ASX Scans: Pro Medicus, Perenti, Redox, Solvar, Telix Pharma, Westgold, Ampol, Clinuvel Pharma, Newmont, Ramsay Health, Sayona

Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.

Lead Writer and Presenter
19 December 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Pro Medicus, Perenti, Redox, Solvar, Telix Pharma, Westgold, Ampol, Clinuvel Pharma, Newmont, Ramsay Health, Sayona

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Cobram Estate (CBO), Kogan.Com (KGN), Nick Scali (NCK), Orthocell (OCC), Pro Medicus (PME), Perenti (PRN), Qantas (QAN), Redox (RDX), Solvar (SVR), Telix (TLX), Temple & Webster (TPW), Westgold (WGX).
  • Interesting downtrends in today's Scans: Coronado (CRN), Clinuvel (CUV), Domain (DHG), Elders (ELD), IDP Education (IEL), Lifestyle Communities (LIC), Liontown (LTR), MinRes (MIN), Newmont (NEM), Ramsay Health (RHC), Stanmore (SMR), Sayona (SYA).

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 %
Global X Battery Tech & Lithium ETF
ACDC
$87.17
+5.6%
-1.6%
Ansell
ANN
$33.68
+2.7%
+34.6%
BetaShares Asia Technology Tigers ETF
ASIA
$10.20
+6.1%
+32.8%
BetaShares Global Shares ETF
BGBL
$73.83
+5.6%
+30.4%
Cobram Estate Olives
CBO
$2.12
+9.3%
+26.2%
Vaneck MSCI Multifactor EM Markets Equity ETF
EMKT
$26.36
+5.3%
+23.1%
Global X Physical Gold ETF
GOLD
$38.81
+4.5%
+38.5%
BetaShares Global Cybersecurity ETF
HACK
$14.39
+12.2%
+32.5%
Hyperion Global Growth Companies Fund ETF
HYGG
$7.08
+14.0%
+58.0%
Kogan.Com
KGN
$6.11
+26.8%
+12.7%
Loftus Peak Global Disruption Fund ETF
LPGD
$5.43
+9.3%
+45.2%
Nick Scali
NCK
$15.59
+10.7%
+30.1%
Orthocell
OCC
$1.255
+99.2%
+213.8%
Pointsbet
PBH
$1.015
+6.8%
+136.4%
Pro Medicus
PME
$263.02
+23.7%
+181.5%
Pinnacle Investment Management Group
PNI
$24.18
+14.1%
+143.0%
Praemium
PPS
$0.775
+25.0%
+103.9%
Perenti
PRN
$1.360
+12.9%
+32.0%
Qantas Airways
QAN
$9.22
+2.8%
+70.4%
BetaShares Global Robotics and Artificial Intelligence ETF
RBTZ
$15.14
+5.4%
+19.5%
Redox
RDX
$4.02
-0.7%
+71.1%
Solvar
SVR
$1.640
+26.2%
+36.1%
Telix Pharmaceuticals
TLX
$25.74
+11.8%
+145.8%
Temple & Webster Group
TPW
$13.88
+18.6%
+52.7%
Westgold Resources
WGX
$3.24
+17.4%
+45.9%
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: Global X Battery Tech & Lithium ETF (ASX: ACDC), BetaShares Asia Technology Tigers ETF (ASX: ASIA), BetaShares Global Shares ETF (ASX: BGBL), Cobram Estate Olives (ASX: CBO), Vaneck MSCI Multifactor EM Markets Equity ETF (ASX: EMKT), Hyperion Global Growth Companies Fund ETF (ASX: HYGG), Kogan.Com (ASX: KGN), Loftus Peak Global Disruption Fund ETF (ASX: LPGD), Nick Scali (ASX: NCK), Orthocell (ASX: OCC), Pro Medicus (ASX: PME), Perenti (ASX: PRN), Qantas Airways (ASX: QAN), BetaShares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ), Redox (ASX: RDX), Solvar (ASX: SVR), Telix Pharmaceuticals (ASX: TLX), Temple & Webster Group (ASX: TPW), Westgold Resources (ASX: WGX).

Charts of each below:

BetaShares Asia Technology Tigers ETF (ASX-ASIA) chart 18 December 2024 BetaShares Global Robotics and Artificial Intelligence ETF (ASX-RBTZ) chart 18 December 2024 BetaShares Global Shares ETF (ASX-BGBL) chart 18 December 2024 Cobram Estate Olives (ASX-CBO) chart 18 December 2024 Global X Battery Tech & Lithium ETF (ASX-ACDC) chart 18 December 2024 Hyperion Global Growth Companies Fund ETF (ASX-HYGG) chart 18 December 2024 Kogan.Com (ASX-KGN) chart 18 December 2024 Loftus Peak Global Disruption Fund ETF (ASX-LPGD) chart 18 December 2024 Nick Scali (ASX-NCK) chart 18 December 2024 Orthocell (ASX-OCC) chart 18 December 2024 Perenti (ASX-PRN) chart 18 December 2024 Pro Medicus (ASX-PME) chart 18 December 2024 Qantas Airways (ASX-QAN) chart 18 December 2024 Redox (ASX-RDX) chart 18 December 2024 Solvar (ASX-SVR) chart 18 December 2024 Telix Pharmaceuticals (ASX-TLX) chart 18 December 2024 Temple & Webster Group (ASX-TPW) chart 18 December 2024 Vaneck MSCI Multifactor EM Markets Equity ETF (ASX-EMKT) chart 18 December 2024 Westgold Resources (ASX-WGX) chart 18 December 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Ampol
ALD
$26.71
-8.7%
-23.7%
APA Group
APA
$7.01
-2.1%
-20.9%
Bellevue Gold
BGL
$1.215
-6.5%
-28.1%
BHP Group
BHP
$40.27
-0.1%
-18.5%
Boss Energy
BOE
$2.35
-23.0%
-41.5%
Credit Corp Group
CCP
$15.17
-14.3%
-3.9%
Champion Iron
CIA
$5.65
+3.5%
-26.5%
Coronado Global Resources
CRN
$0.780
-18.3%
-54.3%
Capstone Copper Corp.
CSC
$9.98
-9.3%
0%
Corporate Travel Management
CTD
$13.49
-6.9%
-29.0%
Clinuvel Pharmaceuticals
CUV
$12.00
-11.9%
-27.3%
Dicker Data
DDR
$8.33
-4.8%
-31.6%
Domain Australia
DHG
$2.49
-12.0%
-23.1%
Dexus
DXS
$6.71
-4.0%
-12.9%
Elders
ELD
$7.22
-6.4%
-2.9%
Emerald Resources
EMR
$3.54
-1.9%
+24.6%
Homeco Daily Needs Reit
HDN
$1.170
-6.8%
-6.8%
IDP Education
IEL
$11.85
-12.6%
-41.2%
Kelsian Group
KLS
$3.61
-8.4%
-46.5%
Lifestyle Communities
LIC
$8.37
-4.6%
-55.7%
Liontown Resources
LTR
$0.550
-32.1%
-62.1%
Meteoric Resources
MEI
$0.082
-21.9%
-60.0%
Mirvac Group
MGR
$1.950
-8.5%
-7.1%
Mineral Resources
MIN
$34.40
-1.3%
-48.5%
Newmont Corporation
NEM
$62.46
-4.3%
+2.1%
Neuren Pharmaceuticals
NEU
$12.90
-12.8%
-18.1%
NIB
NHF
$5.47
-4.9%
-25.2%
Novonix
NVX
$0.600
-25.0%
-4.0%
Orora
ORA
$2.35
-7.1%
-7.8%
Reece
REH
$23.42
-5.7%
+8.3%
Ramsay Health Care
RHC
$35.59
-7.8%
-29.5%
Seek
SEK
$23.84
-9.8%
-5.1%
Stanmore Resources
SMR
$2.99
-4.8%
-21.1%
Sayona Mining
SYA
$0.025
-28.6%
-54.5%
Syrah Resources
SYR
$0.180
-21.7%
-68.6%
Wildcat Resources
WC8
$0.200
-25.9%
-73.3%
Woodside Energy Group
WDS
$23.55
-4.1%
-23.0%
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: Ampol (ASX: ALD), Credit Corp Group (ASX: CCP), Coronado Global Resources (ASX: CRN), Clinuvel Pharmaceuticals (ASX: CUV), Domain Australia (ASX: DHG), Elders (ASX: ELD), IDP Education (ASX: IEL), Lifestyle Communities (ASX: LIC), Liontown Resources (ASX: LTR), Mirvac Group (ASX: MGR), Mineral Resources (ASX: MIN), Newmont Corporation (ASX: NEM), NIB (ASX: NHF), Ramsay Health Care (ASX: RHC), Stanmore Resources (ASX: SMR), Sayona Mining (ASX: SYA)..

Charts of each below:

Ampol (ASX-ALD) chart 18 December 2024 Clinuvel Pharmaceuticals (ASX-CUV) chart 18 December 2024 Coronado Global Resources (ASX-CRN) chart 18 December 2024 Credit Corp Group (ASX-CCP) chart 18 December 2024 Domain Australia (ASX-DHG) chart 18 December 2024 Elders (ASX-ELD) chart 18 December 2024 IDP Education (ASX-IEL) chart 18 December 2024 Lifestyle Communities (ASX-LIC) chart 18 December 2024 Liontown Resources (ASX-LTR) chart 18 December 2024 Mineral Resources (ASX-MIN) chart 18 December 2024 Mirvac Group (ASX-MGR) chart 18 December 2024 Newmont Corporation (ASX-NEM) chart 18 December 2024 NIB (ASX-NHF) chart 18 December 2024 Ramsay Health Care (ASX-RHC) chart 18 December 2024 Sayona Mining (ASX-SYA) chart 18 December 2024 Stanmore Resources (ASX-SMR) chart 18 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.

ABOUT THE AUTHOR

Lead Writer and Presenter

Carl brings more than 30 years of investing experience and a track record of helping thousands of investors navigate every kind of market. A highly regarded commentator on global macro trends and their impact on Australian and US equities, he is also one of Australia's most recognised educators in technical analysis — having taught his distinctive price-action trend following methodology to two generations of investors.

05/06/2026