Technical Analysis

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

Tue 04 Mar 25, 9:30am (AEST)
charts charting technical analysis
Source: Shutterstock

Stocks in article

4dx
MktCap:
-
armr
MktCap:
-
asb
MktCap:
-
cnu
MktCap:
-
cyc
MktCap:
-
cyl
MktCap:
-
drug
MktCap:
-
dvp
MktCap:
-
eml
MktCap:
-
gg8
MktCap:
-
jdo
MktCap:
-
jin
MktCap:
-
lic
MktCap:
-
mp1
MktCap:
-
nxl
MktCap:
-
ord
MktCap:
-
pru
MktCap:
-
qan
MktCap:
-
svr
MktCap:
-
tls
MktCap:
-

Share article

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 πŸ”ŽπŸ“ˆ

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 2025BetaShares Global Defence ETF (ASX-ARMR) daily chart 3 March 2025BetaShares Global Healthcare Hedged ETF (ASX-DRUG) daily chart 3 March 2025Catalyst Metals (ASX-CYL) daily chart 3 March 2025Develop Global (ASX-DVP) daily chart 3 March 2025EML Payments (ASX-EML) daily chart 3 March 2025Gorilla Gold Mines (ASX-GG8) daily chart 3 March 2025GR Engineering Services (ASX-GNG) daily chart 3 March 2025Judo Capital (ASX-JDO) daily chart 3 March 2025Live Verdure (ASX-LV1) daily chart 3 March 2025Megaport (ASX-MP1) daily chart 3 March 2025Monadelphous Group (ASX-MND) daily chart 3 March 2025Ordell Minerals (ASX-ORD) daily chart 3 March 2025Qantas Airways (ASX-QAN) daily chart 3 March 2025SPDR DJ Global Real Estate ESG Fund ETF (ASX-DJRE) daily chart 3 March 2025Telstra Group (ASX-TLS) daily chart 3 March 2025Vaneck 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 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: 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 2025Chorus (ASX-CNU) daily chart 3 March 2025Cyclopharm (ASX-CYC) daily chart 3 March 2025Jumbo Interactive (ASX-JIN) daily chart 3 March 2025Lifestyle Communities (ASX-LIC) daily chart 3 March 2025Nuix (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.

 

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.

Get the latest news and insights direct to your inbox

Subscribe free