Technical Analysis

ChartWatch ASX Scans: Ramsay Health Care, Premier Investments, Capricorn Metals, JB HI-FI, Moneyme, Opthea, Pinnacle Investment Management

Wed 22 Jan 25, 9:00am (AEDT)
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asb
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cmm
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csl
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ctd
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cyl
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ebr
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evn
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hm1
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iag
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jbh
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jdo
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lv1
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mfg
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mme
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nan
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opt
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pps
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rhc
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rms
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ttt
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Key Points

  • Interesting uptrends in today's Scans: Corporate Travel (CTD), Catalyst Metals (CYL), EBR Systems (EBR), Evolution Mining (EVN), JB HI-FI (JBH), MA Financial (MAF), Opthea (OPT), Praemium (ASX: PPS), Regis Resources (RRL), SRG Global (SRG), Titomic (TTT).
  • Interesting downtrends in today's Scans: Coronado Global Resources (CRN), CSL (CSL), Healthco Healthcare and Wellness Reit (HCW), Johns Lyng Group (JLG), Premier Investments (PMV), Ramsay Health Care (RHC).

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 %

Austal

ASB

$3.31

+9.2%

+74.2%

Capricorn Metals

CMM

$7.26

+6.9%

+65.4%

Corporate Travel Management

CTD

$14.64

+8.5%

-27.7%

Catalyst Metals

CYL

$3.54

+26.9%

+420.6%

EBR Systems

EBR

$1.585

+84.3%

+123.4%

Evolution Mining

EVN

$5.66

+14.1%

+82.0%

Global X Physical Gold ETF

GOLD

$40.24

+3.7%

+42.2%

Hearts and Minds Investments

HM1

$3.22

-0.3%

+29.3%

Insurance Australia Group

IAG

$8.71

+3.7%

+51.5%

JB HI-FI

JBH

$98.01

+1.7%

+71.0%

Judo Capital

JDO

$1.920

+4.3%

+91.0%

Live Verdure

LV1

$0.945

+21.2%

+98.9%

MA Financial Group

MAF

$6.46

+8.9%

+15.8%

Magellan Financial Group

MFG

$11.79

+7.2%

+32.5%

Moneyme

MME

$0.220

+25.7%

+139.1%

Nanosonics

NAN

$3.59

+20.1%

-12.9%

Northern Star Resources

NST

$17.26

+8.0%

+42.1%

Ophir High Conviction Fund

OPH

$3.05

+1.3%

+25.0%

Opthea

OPT

$0.885

+36.2%

+81.3%

Pinnacle Investment Management Group

PNI

$24.93

+3.1%

+149.3%

Praemium

PPS

$0.765

-1.3%

+96.2%

Ramelius Resources

RMS

$2.34

+6.4%

+54.5%

Regis Resources

RRL

$3.01

+10.3%

+45.4%

Global X Semiconductor ETF

SEMI

$18.48

+5.4%

+36.9%

SRG Global

SRG

$1.425

+11.8%

+106.5%

Titomic

TTT

$0.240

+37.1%

+400.0%

Vection Technologies

VR1

$0.042

+61.5%

+75.0%

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: Capricorn Metals (ASX: CMM), Corporate Travel Management (ASX: CTD), Catalyst Metals (ASX: CYL), EBR Systems (ASX: EBR), Evolution Mining (ASX: EVN), Global X Physical Gold ETF (ASX: GOLD), JB HI-FI (ASX: JBH), MA Financial Group (ASX: MAF), Magellan Financial Group (ASX: MFG), Moneyme (ASX: MME), Ophir High Conviction Fund (ASX: OPH), Opthea (ASX: OPT), Pinnacle Investment Management Group (ASX: PNI), Praemium (ASX: PPS), Regis Resources (ASX: RRL), Global X Semiconductor ETF (ASX: SEMI), SRG Global (ASX: SRG), Titomic (ASX: TTT).

Charts of each below:

Capricorn Metals (ASX-CMM) chart 21 January 2025Catalyst Metals (ASX-CYL) chart 21 January 2025Corporate Travel Management (ASX-CTD) chart 21 January 2025EBR Systems (ASX-EBR) chart 21 January 2025Evolution Mining (ASX-EVN) chart 21 January 2025Global X Physical Gold ETF (ASX-GOLD) chart 21 January 2025Global X Semiconductor ETF (ASX-SEMI) chart 21 January 2025JB HI-FI (ASX-JBH) chart 21 January 2025MA Financial Group (ASX-MAF) chart 21 January 2025Magellan Financial Group (ASX-MFG) chart 21 January 2025Moneyme (ASX-MME) chart 21 January 2025Ophir High Conviction Fund (ASX-OPH) chart 21 January 2025Opthea (ASX-OPT) chart 21 January 2025Pinnacle Investment Management Group (ASX-PNI) chart 21 January 2025Praemium (ASX-PPS) chart 21 January 2025Regis Resources (ASX-RRL) chart 21 January 2025SRG Global (ASX-SRG) chart 21 January 2025Titomic (ASX-TTT) chart 21 January 2025

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

Alpha HPA

A4N

$0.860

-2.3%

-7.0%

Coronado Global Resources

CRN

$0.730

-6.4%

-54.7%

CSL

CSL

$273.42

-3.1%

-3.3%

Cettire

CTT

$1.320

+3.1%

-52.2%

Elders

ELD

$7.07

-2.1%

-13.3%

Healthco Healthcare and Wellness Reit

HCW

$0.940

-9.2%

-28.0%

Infomedia

IFM

$1.340

-3.9%

-5.6%

Johns Lyng Group

JLG

$3.75

0%

-44.0%

Meteoric Resources

MEI

$0.087

+6.1%

-63.0%

Premier Investments

PMV

$27.35

-17.8%

+2.2%

Ramsay Health Care

RHC

$32.70

-8.1%

-33.8%

Stanmore Resources

SMR

$2.95

-1.3%

-26.4%

Tyro Payments

TYR

$0.830

+1.2%

-19.4%

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: Interesting downtrends in today's Scans: Coronado Global Resources (ASX: CRN), CSL (ASX: CSL), Healthco Healthcare and Wellness Reit (ASX: HCW), Johns Lyng Group (ASX: JLG), Premier Investments (ASX: PMV), Ramsay Health Care (ASX: RHC).

Charts of each below:

Coronado Global Resources (ASX-CRN) chart 21 January 2025CSL (ASX-CSL) chart 21 January 2025Healthco Healthcare and Wellness Reit (ASX-HCW) chart 21 January 2025Johns Lyng Group (ASX-JLG) chart 21 January 2025Premier Investments (ASX-PMV) chart 21 January 2025Ramsay Health Care (ASX-RHC) chart 21 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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