ChartWatch ASX Scans: Telstra, Corporate Travel, Develop Global, Black Cat Syndicate, Metals X, Deep Yellow
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.
Source: Shutterstock
Mentioned
KEY POINTS
- Interesting uptrends in today's Scans: AIC Mines (A1M), Black Cat Syndicate (BC8), Canyon Resources (CAY), Corporate Travel Management (CTD), Develop Global (DVP), MA Financial (MAF), Meeka Metals (MEK), Metals X (MLX), Nanosonics (NAN), Telstra (TLS).
- Interesting downtrends in today's Scans: Austin Engineering (ANG), Coronado Global Resources (CRN), Deep Yellow (DYL), Infratil (IFT), Meteoric Resources (MEI), Novonix (NVX), Nexgen Energy (NXG), Nextdc (NXT).
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 | $0.405 | +19.1% | +37.3% |
The A2 Milk Company | A2M | $7.50 | +28.4% | +32.0% |
Australian Ethical Investment | AEF | $5.29 | +3.7% | +8.0% |
Alkane Resources | ALK | $0.635 | +19.8% | +16.5% |
Black Cat Syndicate | BC8 | $0.840 | +16.7% | +309.8% |
Canyon Resources | CAY | $0.285 | +32.6% | +235.3% |
Charter Hall Group | CHC | $17.21 | +13.6% | +43.7% |
Cyclone Metals | CLE | $0.068 | +21.4% | +293.4% |
Computershare | CPU | $43.12 | +27.5% | +63.5% |
Corporate Travel Management | CTD | $17.32 | +18.3% | -10.5% |
Develop Global | DVP | $2.94 | +22.0% | +23.5% |
Evolution Mining | EVN | $6.38 | +12.7% | +110.6% |
Fiducian Group | FID | $10.75 | +24.3% | +55.8% |
Larvotto Resources | LRV | $0.890 | +41.3% | +1189.9% |
MA Financial Group | MAF | $8.15 | +26.2% | +41.7% |
Meeka Metals | MEK | $0.135 | +28.6% | +255.3% |
Metals X | MLX | $0.560 | +24.4% | +80.6% |
Nanosonics | NAN | $4.26 | +18.7% | +42.0% |
Paradigm Biopharmaceuticals. | PAR | $0.560 | +23.1% | +55.6% |
PM Capital Global Opportunities Fund | PGF | $2.54 | +9.5% | +28.3% |
South32 | S32 | $3.71 | +3.6% | +26.2% |
Sims | SGM | $14.03 | +4.4% | -3.3% |
Santana Minerals | SMI | $0.600 | +26.3% | +38.5% |
Telstra Group | TLS | $4.14 | +3.5% | +6.2% |
Vault Minerals | VAU | $0.410 | +10.8% | +43.9% |
WAM Microcap | WMI | $1.570 | +3.6% | +7.2% |
WCM Global Growth | WQG | $1.850 | +8.5% | +29.8% |
XRF Scientific | XRF | $2.15 | +25.0% | +90.3% |
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: AIC Mines (ASX: A1M), The A2 Milk Company (ASX: A2M), Black Cat Syndicate (ASX: BC8), Canyon Resources (ASX: CAY), Computershare (ASX: CPU), Corporate Travel Management (ASX: CTD), Develop Global (ASX: DVP), Fiducian Group (ASX: FID), MA Financial Group (ASX: MAF), Meeka Metals (ASX: MEK), Metals X (ASX: MLX), Nanosonics (ASX: NAN), Telstra Group (ASX: TLS), XRF Scientific (ASX: XRF).
Charts of each below:
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Austin Engineering | ANG | $0.455 | -12.5% | +19.7% |
Cochlear | COH | $271.92 | -12.9% | -17.1% |
Coronado Global Resources | CRN | $0.550 | -24.7% | -62.8% |
CSL | CSL | $258.89 | -5.3% | -7.9% |
Deep Yellow | DYL | $1.070 | -19.9% | -27.7% |
Healius | HLS | $1.355 | -5.9% | -4.2% |
Infratil | IFT | $9.81 | -8.4% | +0.1% |
Immutep | IMM | $0.315 | -1.6% | -7.8% |
Meteoric Resources | MEI | $0.069 | -20.7% | -60.6% |
Novonix | NVX | $0.535 | -13.0% | -23.6% |
Nexgen Energy | NXG | $9.33 | -17.0% | -18.9% |
Nextdc | NXT | $14.28 | -9.3% | -1.2% |
Pexa Group | PXA | $11.25 | -15.2% | -6.0% |
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: Austin Engineering (ASX: ANG), Coronado Global Resources (ASX: CRN), Deep Yellow (ASX: DYL), Infratil (ASX: IFT), Meteoric Resources (ASX: MEI), Novonix (ASX: NVX), Nexgen Energy (ASX: NXG), Nextdc (ASX: NXT).
Charts of each below:
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
%20daily%20chart%2020%20February%202025.png)
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.
