TECHNICAL ANALYSIS

ChartWatch ASX Scans: Telstra, Qantas, Megaport, EML Payments, Austal, Nuix, BetaShares Global Defence ETF

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

Lead Writer and Presenter
4 March 2025
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Telstra, Qantas, Megaport, EML Payments, Austal, Nuix, BetaShares Global Defence ETF

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Global Defence ETF (ARMR), Austal (ASB), Catalyst Metals (CYL), Global Healthcare ETF (DRUG), Develop Global (DVP), EML Payments (EML), Megaport (MP1), Ordell Minerals (ORD), Qantas Airways (QAN), Telstra Group (TLS).
  • Interesting downtrends in today's Scans: 4DMEDICAL (4DX), Chorus (CNU), Cyclopharm (CYC), Jumbo Interactive (JIN), Lifestyle Communities (LIC), Nuix (NXL).

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 %
Adriatic Metals
ADT
$4.37
+8.7%
+41.0%
BetaShares Global Defence ETF
ARMR
$18.72
+5.5%
0%
Austal
ASB
$4.38
+14.4%
+120.7%
Black Cat Syndicate
BC8
$0.845
+27.1%
+333.3%
Bravura Solutions
BVS
$2.58
+19.4%
+129.7%
Charter Hall Group
CHC
$17.27
+9.9%
+41.2%
Computershare
CPU
$41.81
+18.9%
+62.5%
Catalyst Metals
CYL
$4.27
+21.7%
+771.4%
SPDR DJ Global Real Estate ESG Fund ETF
DJRE
$22.82
+3.3%
+13.7%
BetaShares Global Healthcare Hedged ETF
DRUG
$8.57
+2.4%
+0.1%
Data#3
DTL
$7.86
+12.9%
-2.6%
Develop Global
DVP
$2.93
+16.7%
+36.3%
EML Payments
EML
$1.045
+26.7%
+15.5%
Gorilla Gold Mines
GG8
$0.335
+57.6%
+580.5%
GR Engineering Services
GNG
$3.10
+8.0%
+34.2%
Judo Capital
JDO
$2.06
+2.0%
+71.0%
Live Verdure
LV1
$0.975
+6.6%
+77.3%
Monadelphous Group
MND
$16.17
+2.3%
+15.0%
Megaport
MP1
$11.29
+32.5%
-20.9%
Omni Bridgeway
OBL
$1.395
+3.3%
-13.9%
Ordell Minerals
ORD
$0.650
+91.2%
0%
Pantoro
PNR
$0.140
+21.7%
+250.0%
Perseus Mining
PRU
$3.02
+5.2%
+74.1%
Qantas Airways
QAN
$9.99
+6.1%
+94.7%
Service Stream
SSM
$1.815
+15.2%
+68.8%
Solvar
SVR
$1.495
+16.3%
+39.7%
Telstra Group
TLS
$4.22
+6.8%
+11.1%
Vanguard FTSE Europe Shares ETF
VEQ
$80.73
+4.4%
+13.4%
Vaneck MSCI International Value ETF
VLUE
$28.93
+4.1%
+11.5%
West African Resources
WAF
$1.780
+6.6%
+104.6%
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 Global Defence ETF (ASX: ARMR), Austal (ASX: ASB), Catalyst Metals (ASX: CYL), SPDR DJ Global Real Estate ESG Fund ETF (ASX: DJRE), BetaShares Global Healthcare Hedged ETF (ASX: DRUG), Develop Global (ASX: DVP), EML Payments (ASX: EML), Gorilla Gold Mines (ASX: GG8), GR Engineering Services (ASX: GNG), Judo Capital (ASX: JDO), Live Verdure (ASX: LV1), Monadelphous Group (ASX: MND), Megaport (ASX: MP1), Ordell Minerals (ASX: ORD), Qantas Airways (ASX: QAN), Telstra Group (ASX: TLS), Vaneck MSCI International Value ETF (ASX: VLUE).

Charts of each below:

Austal (ASX-ASB) daily chart 3 March 2025 BetaShares Global Defence ETF (ASX-ARMR) daily chart 3 March 2025 BetaShares Global Healthcare Hedged ETF (ASX-DRUG) daily chart 3 March 2025 Catalyst Metals (ASX-CYL) daily chart 3 March 2025 Develop Global (ASX-DVP) daily chart 3 March 2025 EML Payments (ASX-EML) daily chart 3 March 2025 Gorilla Gold Mines (ASX-GG8) daily chart 3 March 2025 GR Engineering Services (ASX-GNG) daily chart 3 March 2025 Judo Capital (ASX-JDO) daily chart 3 March 2025 Live Verdure (ASX-LV1) daily chart 3 March 2025 Megaport (ASX-MP1) daily chart 3 March 2025 Monadelphous Group (ASX-MND) daily chart 3 March 2025 Ordell Minerals (ASX-ORD) daily chart 3 March 2025 Qantas Airways (ASX-QAN) daily chart 3 March 2025 SPDR DJ Global Real Estate ESG Fund ETF (ASX-DJRE) daily chart 3 March 2025 Telstra Group (ASX-TLS) daily chart 3 March 2025 Vaneck MSCI International Value ETF (ASX-VLUE) daily chart 3 March 2025

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
4DMEDICAL
4DX
$0.385
-29.4%
-44.6%
Chorus
CNU
$7.45
-4.7%
+0.5%
Cyclopharm
CYC
$1.375
-38.1%
-19.8%
Infratil
IFT
$9.48
-7.6%
-0.4%
Jumbo Interactive
JIN
$11.18
-15.1%
-36.7%
Lifestyle Communities
LIC
$7.79
-21.0%
-48.0%
Meteoric Resources
MEI
$0.064
-22.0%
-63.4%
Nuix
NXL
$3.57
-20.5%
+72.5%
Peninsula Energy
PEN
$0.870
-19.8%
-59.4%
Propel Funeral Partners
PFP
$5.32
-10.3%
-4.8%
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: Interesting downtrends in today's Scans: 4DMEDICAL (ASX: 4DX), Chorus (ASX: CNU), Cyclopharm (ASX: CYC), Jumbo Interactive (ASX: JIN), Lifestyle Communities (ASX: LIC), Nuix (ASX: NXL).

Charts of each below:

4DMEDICAL (ASX-4DX) daily chart 3 March 2025 Chorus (ASX-CNU) daily chart 3 March 2025 Cyclopharm (ASX-CYC) daily chart 3 March 2025 Jumbo Interactive (ASX-JIN) daily chart 3 March 2025 Lifestyle Communities (ASX-LIC) daily chart 3 March 2025 Nuix (ASX-NXL) daily chart 3 March 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.

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.

04/06/2026