TECHNICAL ANALYSIS

ChartWatch ASX Scans: Capricorn Metals, Catalyst Metals, Hub24, Qantas, APA Group, Dexus, Megaport, Metcash, Worley

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

Lead Writer and Presenter
4 November 2024
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Capricorn Metals, Catalyst Metals, Hub24, Qantas, APA Group, Dexus, Megaport, Metcash, Worley

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Aurum Resources (AUE), Capricorn Metals (CMM), Catalyst Metals (CYL), Hub24 (HUB), Objective Corp (OCL), Pointsbet (PBH), Qantas (QAN), SKS Technologies (SKS), Sovereign Metals (SVM).
  • Interesting downtrends in today's Scans: APA (APA), Cooper Energy (COE), CSL (CSL), Clinuvel Pharma (CUV), Dexus (DXS), Megaport (MP1), Metcash (MTS), Ramsay Health Care (RHC), Star Entertainment (SGR), Smartgroup (SIQ), Worley (WOR), Woolworths (WOW).

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 %
Aurum Resources
AUE
$0.520
+23.8%
+372.7%
Austin Metals
AZ9
$0.088
+183.9%
-53.7%
Catapult Group International
CAT
$2.73
+13.3%
+203.3%
Capricorn Metals
CMM
$6.50
+11.3%
+38.0%
Catalyst Metals
CYL
$3.54
+21.2%
+405.7%
Hub24
HUB
$69.53
+16.7%
+130.0%
Judo Capital
JDO
$1.895
+12.8%
+124.3%
Metals X
MLX
$0.495
+15.1%
+76.8%
Nova Minerals
NVA
$0.280
+93.1%
+5.7%
NRW
NWH
$3.87
+6.6%
+54.8%
Netwealth Group
NWL
$27.97
+12.3%
+120.2%
Objective Corporation
OCL
$16.45
+7.9%
+55.0%
Pointsbet
PBH
$0.860
+26.5%
+114.9%
Qantas Airways
QAN
$8.17
+17.2%
+66.4%
SKS Technologies Group
SKS
$1.590
+10.4%
+996.6%
Smart Parking
SPZ
$0.730
+16.8%
+102.8%
SRG Global
SRG
$1.155
+4.1%
+84.8%
Sovereign Metals
SVM
$0.830
+19.4%
+88.6%
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: Aurum Resources (ASX: AUE), Capricorn Metals (ASX: CMM), Catalyst Metals (ASX: CYL), Hub24 (ASX: HUB), Objective Corporation (ASX: OCL), Pointsbet (ASX: PBH), Qantas Airways (ASX: QAN), SKS Technologies Group (ASX: SKS), Sovereign Metals (ASX: SVM).

Charts of each below:

Aurum Resources (ASX-AUE) chart 1 November 2024 Capricorn Metals (ASX-CMM) chart 1 November 2024 Catalyst Metals (ASX-CYL) chart 1 November 2024 Hub24 (ASX-HUB) chart 1 November 2024 Objective Corporation (ASX-OCL) chart 1 November 2024 Pointsbet (ASX-PBH) chart 1 November 2024 Qantas Airways (ASX-QAN) chart 1 November 2024 SKS Technologies Group (ASX-SKS) chart 1 November 2024 Sovereign Metals (ASX-SVM) chart 1 November 2024

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Audinate Group
AD8
$8.99
-6.6%
-28.2%
Auckland International Airport
AIA
$6.56
-3.0%
-3.0%
APA Group
APA
$6.80
-12.3%
-17.5%
Bapcor
BAP
$4.51
-14.7%
-16.5%
BWP Trust
BWP
$3.42
-7.3%
+5.2%
Centuria Industrial Reit
CIP
$3.04
-6.2%
+7.0%
Collins Foods
CKF
$8.27
-5.7%
-9.0%
Cooper Energy
COE
$0.165
-15.4%
+71.9%
Charter Hall Retail Reit
CQR
$3.36
-6.1%
+10.2%
CSL
CSL
$281.62
-2.4%
+21.2%
Corporate Travel Management
CTD
$11.80
-6.4%
-28.7%
Cettire
CTT
$1.430
-22.1%
-44.1%
Clinuvel Pharmaceuticals
CUV
$13.73
-1.9%
-6.5%
Dexus Industria Reit.
DXI
$2.67
-4.0%
+12.2%
Dexus
DXS
$7.07
-9.5%
+9.1%
Infomedia
IFM
$1.400
-8.2%
-2.1%
Ingenia Communities Group
INA
$4.71
-6.5%
+20.8%
Johns Lyng Group
JLG
$3.73
+0.8%
-38.9%
Lifestyle Communities
LIC
$8.53
-4.5%
-44.5%
Lovisa
LOV
$29.62
-16.5%
+71.0%
Megaport
MP1
$6.81
-7.2%
-28.4%
Metcash
MTS
$3.03
-14.9%
-16.8%
Nine Entertainment
NEC
$1.160
-6.5%
-37.1%
Patriot Battery Metals
PMT
$0.375
-13.8%
-68.4%
Ramsay Health Care
RHC
$39.28
-8.0%
-19.3%
Steadfast Group
SDF
$5.43
-2.3%
+1.3%
The Star Entertainment Group
SGR
$0.225
-13.5%
-63.4%
Smartgroup Corporation
SIQ
$7.57
-8.0%
-10.4%
Super Retail Group
SUL
$14.23
-21.9%
+11.0%
Tabcorp
TAH
$0.455
-2.2%
-41.3%
Treasury Wine Estates
TWE
$11.12
-7.7%
-6.1%
Worley
WOR
$13.82
-5.9%
-14.6%
Woolworths Group
WOW
$29.80
-9.7%
-14.4%
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: APA Group (ASX: APA), Cooper Energy (ASX: COE), CSL (ASX: CSL), Clinuvel Pharmaceuticals (ASX: CUV), Dexus (ASX: DXS), Megaport (ASX: MP1), Metcash (ASX: MTS), Nine Entertainment (ASX: NEC), Ramsay Health Care (ASX: RHC), The Star Entertainment Group (ASX: SGR), Smartgroup Corporation (ASX: SIQ), Worley (ASX: WOR), Woolworths Group (ASX: WOW).

Charts of each below:

APA Group (ASX-APA) chart 1 November 2024 Clinuvel Pharmaceuticals (ASX-CUV) chart 1 November 2024 Cooper Energy (ASX-COE) chart 1 November 2024 CSL (ASX-CSL) chart 1 November 2024 Dexus (ASX-DXS) chart 1 November 2024 Megaport (ASX-MP1) chart 1 November 2024 Metcash (ASX-MTS) chart 1 November 2024 Nine Entertainment (ASX-NEC) chart 1 November 2024 Ramsay Health Care (ASX-RHC) chart 1 November 2024 Smartgroup Corporation (ASX-SIQ) chart 1 November 2024 The Star Entertainment Group (ASX-SGR) chart 1 November 2024 Woolworths Group (ASX-WOW) chart 1 November 2024 Worley (ASX-WOR) chart 1 November 2024

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.

05/06/2026