Technical Analysis

ChartWatch ASX Scans: Woolworths, IDP Education, Xero, Catapult Group, Andean Silver, Technology One, Titomic, Evolution Mining, 29Metals

Thu 06 Feb 25, 9:00am (AEST)
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Stocks in article

asb
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asia
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asl
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atec
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cat
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deg
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edv
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emr
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evn
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iel
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mff
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nic
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occ
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pme
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snt
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spz
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ttt
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vtx
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wow
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zip
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Key Points

  • Interesting uptrends in today's Scans: Andean Silver (ASL), Catapult (CAT), De Grey Mining (DEG), Emerald Resources (EMR), Physical Silver ETF (ETPMAG), Insignia Financial (IFL), Ozaurum Resources (OZM), Syntara (SNT), Vertex Minerals (VTX), Xero (XRO).
  • Interesting downtrends in today's Scans: 29METALS (29M), Audinate Group (AD8), CSL (CSL), Endeavour Group (EDV), IDP Education (IEL), Infratil (IFT), Nickel Industries (NIC), Orora (ORA), Polynovo (PNV), Woolworths Group (WOW), Zip Co. (ZIP).

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 %

Auswide Bank

ABA

$5.05

+8.1%

-1.4%

Acrow

ACF

$1.150

+5.5%

+9.5%

Australian Finance Group

AFG

$1.705

+10.7%

+4.0%

Aurelia Metals

AMI

$0.205

+10.8%

+78.3%

Austal

ASB

$3.94

+29.6%

+93.1%

BetaShares Asia Technology Tigers ETF

ASIA

$10.77

+4.5%

+41.5%

Andean Silver

ASL

$1.180

+42.2%

+490.0%

BetaShares S&P/ASX Australian Technology ETF

ATEC

$31.12

+4.0%

+45.1%

Catapult Group International

CAT

$3.98

+11.2%

+199.2%

De Grey Mining

DEG

$2.08

+14.0%

+72.3%

Emerald Resources

EMR

$4.40

+32.9%

+36.6%

Vaneck Video Gaming and Esports ETF

ESPO

$17.68

+3.8%

+58.4%

Global X Physical Silver ETF

ETPMAG

$47.76

+8.8%

+46.7%

Evolution Mining

EVN

$5.88

+20.0%

+81.5%

Firetrail Aust Small Companies Fund - Active ETF

FSML

$1.775

+4.4%

0%

Vaneck Gold Miners ETF

GDX

$64.83

+14.8%

+45.0%

Harvey Norman

HVN

$5.22

+10.6%

+18.6%

Insignia Financial

IFL

$4.62

+13.8%

+120.0%

Imdex

IMD

$2.58

+10.7%

+56.4%

MFF Capital Investments

MFF

$4.83

+4.1%

+44.2%

Metro Mining

MMI

$0.063

+5.0%

+200.0%

Newmont Corporation

NEM

$70.00

+14.9%

+27.6%

Northern Star Resources

NST

$17.78

+13.5%

+27.7%

News Corporation

NWS

$53.21

+9.3%

+35.6%

Orthocell

OCC

$1.750

+31.6%

+332.1%

Ozaurum Resources

OZM

$0.105

+303.8%

+5.0%

Pro Medicus

PME

$288.90

+13.3%

+175.7%

Perseus Mining

PRU

$2.90

+11.1%

+58.0%

Qantas Airways

QAN

$9.42

+5.0%

+64.4%

BetaShares Gold Bullion Hedged ETF

QAU

$23.55

+8.4%

+36.6%

Ramelius Resources

RMS

$2.62

+20.2%

+63.2%

Regis Resources

RRL

$3.26

+26.8%

+65.1%

Supply Network

SNL

$36.85

+11.5%

+124.7%

Syntara

SNT

$0.078

-1.3%

+358.8%

Smart Parking

SPZ

$0.960

+9.1%

+166.7%

SRG Global

SRG

$1.455

+8.2%

+115.6%

Sun Silver

SS1

$0.785

+25.6%

0%

Tamboran Resources Corporation

TBN

$0.195

+18.2%

+8.3%

Turaco Gold

TCG

$0.335

+13.6%

+191.3%

Technology One

TNE

$31.80

+3.5%

+98.8%

Titomic

TTT

$0.255

+45.7%

+628.6%

Vertex Minerals

VTX

$0.355

+57.8%

+175.6%

West African Resources

WAF

$1.715

+15.9%

+75.9%

Xero

XRO

$184.81

+8.1%

+64.6%

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: Austal (ASX: ASB), BetaShares Asia Technology Tigers ETF (ASX: ASIA), Andean Silver (ASX: ASL), BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC), Catapult Group International (ASX: CAT), De Grey Mining (ASX: DEG), Emerald Resources (ASX: EMR), Global X Physical Silver ETF (ASX: ETPMAG), Evolution Mining (ASX: EVN), Insignia Financial (ASX: IFL), MFF Capital Investments (ASX: MFF), News Corporation (ASX: NWS), Orthocell (ASX: OCC), Ozaurum Resources (ASX: OZM), Pro Medicus (ASX: PME), BetaShares Gold Bullion Hedged ETF (ASX: QAU), Ramelius Resources (ASX: RMS), Syntara (ASX: SNT), Smart Parking (ASX: SPZ), Technology One (ASX: TNE), Titomic (ASX: TTT), Vertex Minerals (ASX: VTX), Xero (ASX: XRO).

Charts of each below:

Andean Silver (ASX-ASL) daily chart 5 February 2025Austal (ASX-ASB) daily chart 5 February 2025BetaShares Asia Technology Tigers ETF (ASX-ASIA) daily chart 5 February 2025BetaShares Gold Bullion Hedged ETF (ASX-QAU) daily chart 5 February 2025BetaShares S&P-ASX Australian Technology ETF (ASX-ATEC) daily chart 5 February 2025Catapult Group International (ASX-CAT) daily chart 5 February 2025De Grey Mining (ASX-DEG) daily chart 5 February 2025Emerald Resources (ASX-EMR) daily chart 5 February 2025Evolution Mining (ASX-EVN) daily chart 5 February 2025Global X Physical Silver ETF (ASX-ETPMAG) daily chart 5 February 2025Insignia Financial (ASX-IFL) daily chart 5 February 2025MFF Capital Investments (ASX-MFF) daily chart 5 February 2025News Corporation (ASX-NWS) daily chart 5 February 2025Orthocell (ASX-OCC) daily chart 5 February 2025Ozaurum Resources (ASX-OZM) daily chart 5 February 2025Pro Medicus (ASX-PME) daily chart 5 February 2025Ramelius Resources (ASX-RMS) daily chart 5 February 2025Smart Parking (ASX-SPZ) daily chart 5 February 2025Syntara (ASX-SNT) daily chart 5 February 2025Technology One (ASX-TNE) daily chart 5 February 2025Titomic (ASX-TTT) daily chart 5 February 2025Vertex Minerals (ASX-VTX) daily chart 5 February 2025Xero (ASX-XRO) daily chart 5 February 2025

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

29METALS

29M

$0.205

-14.6%

-32.2%

Audinate Group

AD8

$6.92

-3.5%

-57.0%

Ampol

ALD

$28.66

-0.3%

-20.8%

Alliance Aviation Services

AQZ

$2.67

-9.5%

-21.0%

Aroa Biosurgery

ARX

$0.555

-26.0%

+2.8%

Coronado Global Resources

CRN

$0.665

-11.9%

-58.4%

CSL

CSL

$270.34

-4.9%

-9.8%

Endeavour Group

EDV

$4.11

0%

-28.4%

Firefly Metals

FFM

$0.865

+1.2%

+63.2%

Healius

HLS

$1.375

-3.2%

-1.8%

IDP Education

IEL

$12.31

+0.4%

-36.3%

Infratil

IFT

$9.80

-10.3%

-1.5%

Kelsian Group

KLS

$3.60

0%

-48.1%

Nickel Industries

NIC

$0.745

-8.0%

-1.3%

Novonix

NVX

$0.570

-23.5%

+0.9%

Orora

ORA

$2.25

-7.4%

-19.9%

Playside Studios

PLY

$0.215

-48.2%

-73.1%

Polynovo

PNV

$1.950

-4.9%

-1.3%

Rural Funds Group

RFF

$1.610

-9.8%

-21.5%

Resolute Mining

RSG

$0.365

-8.8%

-9.9%

Washington H Soul Pattinson & Company

SOL

$33.37

-2.9%

-1.8%

Viva Energy Group

VEA

$2.51

-6.3%

-30.3%

Woolworths Group

WOW

$29.57

-3.7%

-17.9%

Zip Co.

ZIP

$2.26

-29.2%

+211.7%

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), Audinate Group (ASX: AD8), CSL (ASX: CSL), Endeavour Group (ASX: EDV), IDP Education (ASX: IEL), Infratil (ASX: IFT), Nickel Industries (ASX: NIC), Orora (ASX: ORA), Polynovo (ASX: PNV), Woolworths Group (ASX: WOW), Zip Co. (ASX: ZIP).

Charts of each below:

29METALS (ASX-29M) daily chart 5 February 2025Audinate Group (ASX-AD8) daily chart 5 February 2025CSL (ASX-CSL) daily chart 5 February 2025Endeavour Group (ASX-EDV) daily chart 5 February 2025IDP Education (ASX-IEL) daily chart 5 February 2025Infratil (ASX-IFT) daily chart 5 February 2025Nickel Industries (ASX-NIC) daily chart 5 February 2025Orora (ASX-ORA) daily chart 5 February 2025Polynovo (ASX-PNV) daily chart 5 February 2025Woolworths Group (ASX-WOW) daily chart 5 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.

 

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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