TECHNICAL ANALYSIS

ChartWatch ASX Scans: Wesfarmers, Computershare, Mineral Resources, Whitehaven Coal, New Hope Corporation, Bank of Queensland,

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

Lead Writer and Presenter
13 February 2025
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Wesfarmers, Computershare, Mineral Resources, Whitehaven Coal, New Hope Corporation, Bank of Queensland,

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Almonty Industries (AII), Bank of Queensland (BOQ), Caprice Resources (CRS), Dimerix (DXB), Lycopodium (LYL), National Australia Bank (NAB), Pureprofile (PPL), REA Group (REA), Westpac (WBC), Wesfarmers (WES).
  • Interesting downtrends in today's Scans: 29METALS (29M), Fleetpartners (FPR), IPH (IPH), Kelsian (KLS), Liontown Resources (LTR), Mineral Resources (MIN), Patriot Battery Metals (PMT), Resolute Mining (RSG), Wildcat Resources (WC8), Whitehaven Coal (WHC).

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 %
Acrow
ACF
$1.170
+9.3%
+8.3%
Adairs
ADH
$2.78
+10.8%
+49.5%
Almonty Industries
AII
$2.35
+119.6%
+235.7%
AMP
AMP
$1.760
+11.7%
+80.5%
ANZ Group
ANZ
$31.23
+8.1%
+12.8%
Austal
ASB
$3.88
+26.0%
+78.8%
BetaShares S&P/ASX Australian Technology ETF
ATEC
$31.59
+8.7%
+45.8%
Blinklab
BB1
$0.475
+81.0%
0%
Bank of Queensland
BOQ
$7.03
+7.0%
+18.6%
Botanix Pharmaceuticals
BOT
$0.515
+5.1%
+178.4%
Bravura Solutions
BVS
$2.74
+35.4%
+226.2%
Commonwealth Bank of Australia
CBA
$165.98
+8.7%
+42.8%
Coles Group
COL
$19.49
+3.6%
+22.0%
Computershare
CPU
$41.53
+21.8%
+64.9%
Caprice Resources
CRS
$0.068
+195.7%
+148.2%
Dimerix
DXB
$0.525
+8.2%
+123.4%
EQT
EQT
$34.05
+6.5%
+18.6%
Fenix Resources
FEX
$0.310
+17.0%
+26.5%
Future Generation Global
FGG
$1.470
+4.6%
+21.0%
Generation Development Group
GDG
$5.00
+35.8%
+176.9%
Horizon Minerals
HRZ
$0.061
+32.6%
+74.3%
Hub24
HUB
$81.19
+19.7%
+118.5%
IVE Group
IGL
$2.21
+5.2%
+2.8%
Imdex
IMD
$2.85
+22.3%
+77.6%
Lycopodium
LYL
$11.84
+11.7%
-1.8%
MA Financial Group
MAF
$7.29
+26.3%
+27.9%
Vaneck Australian Banks ETF
MVB
$41.34
+8.2%
+28.6%
National Australia Bank
NAB
$41.11
+10.5%
+27.0%
Nine Entertainment
NEC
$1.490
+16.0%
-24.2%
Pureprofile
PPL
$0.052
+57.6%
+92.6%
REA Group
REA
$275.53
+16.8%
+47.4%
Sonic Healthcare
SHL
$28.79
+4.2%
-9.5%
Super Retail Group
SUL
$16.42
+7.7%
+5.9%
SPDR Australia High Dividend Yield ETF
SYI
$30.28
+4.3%
+8.0%
Symal Group
SYL
$1.980
+16.1%
0%
Titomic
TTT
$0.285
+67.6%
+790.6%
Westpac Banking Corporation
WBC
$34.65
+8.7%
+43.0%
Wesfarmers
WES
$77.58
+9.3%
+33.5%
WAM Global
WGB
$2.40
+8.1%
+15.9%
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: Almonty Industries (ASX: AII), Bank of Queensland (ASX: BOQ), Commonwealth Bank of Australia (ASX: CBA), Computershare (ASX: CPU), Caprice Resources (ASX: CRS), Dimerix (ASX: DXB), Generation Development Group (ASX: GDG), Imdex (ASX: IMD), Lycopodium (ASX: LYL), Vaneck Australian Banks ETF (ASX: MVB), National Australia Bank (ASX: NAB), Pureprofile (ASX: PPL), REA Group (ASX: REA), Westpac Banking Corporation (ASX: WBC), Wesfarmers (ASX: WES), WAM Global (ASX: WGB).

Charts of each below:

Almonty Industries (ASX-AII) daily chart 12 February 2025 Bank of Queensland (ASX-BOQ) daily chart 12 February 2025 Caprice Resources (ASX-CRS) daily chart 12 February 2025 Commonwealth Bank of Australia (ASX-CBA) daily chart 12 February 2025 Computershare (ASX-CPU) daily chart 12 February 2025 Dimerix (ASX-DXB) daily chart 12 February 2025 Generation Development Group (ASX-GDG) daily chart 12 February 2025 Imdex (ASX-IMD) daily chart 12 February 2025 Lycopodium (ASX-LYL) daily chart 12 February 2025 National Australia Bank (ASX-NAB) daily chart 12 February 2025 Pureprofile (ASX-PPL) daily chart 12 February 2025 REA Group (ASX-REA) daily chart 12 February 2025 Vaneck Australian Banks ETF (ASX-MVB) daily chart 12 February 2025 WAM Global (ASX-WGB) daily chart 12 February 2025 Wesfarmers (ASX-WES) daily chart 12 February 2025 Westpac Banking Corporation (ASX-WBC) daily chart 12 February 2025

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
29METALS
29M
$0.195
-11.4%
-10.5%
Austin Engineering
ANG
$0.475
-11.2%
+21.8%
APA Group
APA
$6.72
-1.9%
-18.4%
Aurizon
AZJ
$3.19
-2.1%
-15.2%
Coronado Global Resources
CRN
$0.610
-18.1%
-59.6%
Cettire
CTT
$1.130
-11.0%
-73.0%
Core Lithium
CXO
$0.087
0%
-54.2%
Fleetpartners Group
FPR
$2.66
-0.4%
-17.4%
IPH
IPH
$4.78
-0.2%
-31.7%
Kelsian Group
KLS
$3.53
+2.9%
-47.8%
Liontown Resources
LTR
$0.595
+9.2%
-46.6%
Magellan Financial Group
MFG
$9.77
-8.2%
+11.9%
Mineral Resources
MIN
$31.85
-9.2%
-44.2%
Myer
MYR
$0.815
-4.9%
+12.3%
New Hope Corporation
NHC
$4.53
-7.2%
-12.4%
Novonix
NVX
$0.540
-20.0%
-6.9%
Peninsula Energy
PEN
$1.020
-20.9%
-63.9%
Patriot Battery Metals
PMT
$0.290
-22.7%
-56.1%
Resolute Mining
RSG
$0.350
-11.4%
-4.1%
Sayona Mining
SYA
$0.022
-8.3%
-43.6%
Vulcan Energy Resources
VUL
$4.02
-34.6%
+97.1%
Weebit Nano
WBT
$2.18
-16.8%
-41.9%
Wildcat Resources
WC8
$0.200
-20.0%
-63.0%
Whitehaven Coal
WHC
$5.82
-3.8%
-22.2%
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: 29METALS (ASX: 29M), APA Group (ASX: APA), Coronado Global Resources (ASX: CRN), Cettire (ASX: CTT), Fleetpartners Group (ASX: FPR), IPH (ASX: IPH), Kelsian Group (ASX: KLS), Liontown Resources (ASX: LTR), Mineral Resources (ASX: MIN), New Hope Corporation (ASX: NHC), Novonix (ASX: NVX), Peninsula Energy (ASX: PEN), Patriot Battery Metals (ASX: PMT), Resolute Mining (ASX: RSG), Vulcan Energy Resources (ASX: VUL), Weebit Nano (ASX: WBT), Wildcat Resources (ASX: WC8), Whitehaven Coal (ASX: WHC).

Charts of each below:

29METALS (ASX-29M) daily chart 12 February 2025 APA Group (ASX-APA) daily chart 12 February 2025 Cettire (ASX-CTT) daily chart 12 February 2025 Coronado Global Resources (ASX-CRN) daily chart 12 February 2025 Fleetpartners Group (ASX-FPR) daily chart 12 February 2025 IPH (ASX-IPH) daily chart 12 February 2025 Kelsian Group (ASX-KLS) daily chart 12 February 2025 Liontown Resources (ASX-LTR) daily chart 12 February 2025 Mineral Resources (ASX-MIN) daily chart 12 February 2025 New Hope Corporation (ASX-NHC) daily chart 12 February 2025 Novonix (ASX-NVX) daily chart 12 February 2025 Patriot Battery Metals (ASX-PMT) daily chart 12 February 2025 Peninsula Energy (ASX-PEN) daily chart 12 February 2025 Resolute Mining (ASX-RSG) daily chart 12 February 2025 Vulcan Energy Resources (ASX-VUL) daily chart 12 February 2025 Weebit Nano (ASX-WBT) daily chart 12 February 2025 Whitehaven Coal (ASX-WHC) daily chart 12 February 2025 Wildcat Resources (ASX-WC8) daily chart 12 February 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