Technical Analysis

ChartWatch ASX Scans: Pro Medicus, Mineral Resources, Technology One, Xero, Corporate Travel, Video Gaming Esports ETF, Nickel Industries

Mon 03 Feb 25, 9:00am (AEDT)
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Key Points

  • Interesting uptrends in today's Scans: Aristocrat Leisure (ALL), Austal (ASB), Corporate Travel (CTD), Video Gaming Esports ETF (ESPO), Monadelphous (MND), Mystate (MYS), Opthea (OPT), Pro Medicus (PME), Technology One (TNE), Tuas (TUA), Xero (XRO).
  • Interesting downtrends in today's Scans: Clarity Pharmaceuticals (CU6), Iluka Resources (ILU), Mineral Resources (MIN), Nickel Industries (NIC), Novonix (NVX), Peninsula Energy (PEN), Weebit Nano (WBT).

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

 

Today's Uptrends

Company

Code

Last Price

1mo %

1yr %

Aussie Broadband

ABB

$3.94

+10.1%

+4.8%

Acrow

ACF

$1.155

+5.5%

+10.0%

Air New Zealand

AIZ

$0.570

+4.6%

-5.0%

Alkane Resources

ALK

$0.590

+15.7%

+5.4%

Aristocrat Leisure

ALL

$75.57

+10.5%

+71.5%

ALS

ALQ

$16.43

+9.0%

+32.1%

AMP

AMP

$1.785

+12.6%

+89.9%

Aspen Group

APZ

$2.59

+5.3%

+48.0%

Austal

ASB

$3.83

+23.5%

+90.5%

BetaShares Asia Technology Tigers ETF

ASIA

$10.84

+6.4%

+43.6%

BetaShares S&P/ASX Australian Technology ETF

ATEC

$30.97

+4.5%

+46.8%

Bendigo and Adelaide Bank

BEN

$13.60

+3.8%

+40.2%

Bank of Queensland

BOQ

$6.97

+4.0%

+16.9%

Beach Energy

BPT

$1.525

+9.3%

-5.9%

Brambles

BXB

$19.80

+2.9%

+36.8%

Catapult Group International

CAT

$4.03

+8.6%

+222.4%

Charter Hall Group

CHC

$15.72

+9.5%

+31.1%

Capricorn Metals

CMM

$7.72

+22.9%

+71.2%

Corporate Travel Management

CTD

$15.40

+16.2%

-26.4%

BetaShares Diversified ALL Growth ETF

DHHF

$37.73

+3.1%

+20.0%

Downer EDI

DOW

$5.73

+9.1%

+38.1%

Ebos Group

EBO

$36.18

+6.4%

+3.9%

Emerald Resources

EMR

$4.33

+33.2%

+30.0%

Vaneck Video Gaming and Esports ETF

ESPO

$17.67

+4.6%

+59.0%

Global X Physical Precious Metal Basket

ETPMPM

$268.23

+7.8%

+38.2%

Fenix Resources

FEX

$0.305

+15.1%

+14.0%

Generation Development Group

GDG

$4.57

+26.9%

+173.0%

Vaneck Gold Miners ETF

GDX

$63.91

+16.9%

+47.0%

Helia Group

HLI

$4.86

+8.7%

+7.6%

Hub24

HUB

$80.65

+15.9%

+117.1%

iShares Asia 50 ETF

IAA

$114.80

+4.1%

+38.2%

Insurance Australia Group

IAG

$9.20

+8.7%

+55.7%

Integral Diagnostics

IDX

$3.12

+7.2%

+56.8%

iShares MSCI Emerging Markets ETF

IEM

$69.99

+3.2%

+19.6%

iShares Core MSCI Australia ESG ETF

IESG

$32.13

+4.6%

+16.3%

Imdex

IMD

$2.63

+13.4%

+55.6%

Judo Capital

JDO

$2.02

+11.0%

+70.5%

Loftus Peak Global Disruption Fund ETF

LPGD

$5.60

+5.7%

+34.9%

Metro Mining

MMI

$0.063

+5.0%

+200.0%

Monadelphous Group

MND

$15.81

+12.9%

+17.4%

Medibank Private

MPL

$4.00

+5.5%

+5.3%

Mesoblast

MSB

$3.17

+12.0%

+1096.2%

Mystate

MYS

$4.57

+2.5%

+38.9%

National Australia Bank

NAB

$40.14

+8.2%

+24.9%

Netwealth Group

NWL

$31.55

+9.7%

+90.3%

Ora Banda Mining

OBM

$0.830

+27.7%

+260.9%

Orthocell

OCC

$1.570

+15.9%

+282.9%

Opthea

OPT

$1.140

+40.7%

+145.1%

Paradigm Biopharmaceuticals.

PAR

$0.585

+56.0%

+69.6%

Paragon Care

PGC

$0.545

+13.5%

+159.5%

Pro Medicus

PME

$278.40

+11.3%

+175.2%

Praemium

PPS

$0.890

+21.1%

+134.2%

Perenti

PRN

$1.400

+0.4%

+63.7%

QBE Insurance Group

QBE

$20.94

+9.1%

+35.7%

Qube

QUB

$4.18

+5.3%

+27.8%

Ramelius Resources

RMS

$2.47

+19.3%

+56.3%

Suncorp Group

SUN

$20.81

+9.5%

+49.5%

Telix Pharmaceuticals

TLX

$29.34

+19.2%

+155.1%

Technology One

TNE

$30.94

-1.2%

+96.8%

Tuas

TUA

$6.57

+3.3%

+105.3%

US Masters Residential Property Fund

URF

$0.415

+15.3%

+45.7%

Vault Minerals

VAU

$0.390

+18.2%

+18.2%

Vysarn

VYS

$0.460

+7.0%

+64.3%

Xero

XRO

$183.27

+8.7%

+65.1%

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: Aristocrat Leisure (ASX: ALL), Austal (ASX: ASB), Capricorn Metals (ASX: CMM), Corporate Travel Management (ASX: CTD), Vaneck Video Gaming and Esports ETF (ASX: ESPO), Global X Physical Precious Metal Basket (ASX: ETPMPM), iShares Asia 50 ETF (ASX: IAA), Insurance Australia Group (ASX: IAG), Monadelphous Group (ASX: MND), Mystate (ASX: MYS), Opthea (ASX: OPT), Paradigm Biopharmaceuticals. (ASX: PAR), Pro Medicus (ASX: PME), Technology One (ASX: TNE), Tuas (ASX: TUA), Xero (ASX: XRO).

Charts of each below:

Aristocrat Leisure (ASX-ALL) chart 31 January 2025Austal (ASX-ASB) chart 31 January 2025Capricorn Metals (ASX-CMM) chart 31 January 2025Corporate Travel Management (ASX-CTD) chart 31 January 2025Global X Physical Silver ETF (ASX-ETPMPM) chart 31 January 2025Insurance Australia Group (ASX-IAG) chart 31 January 2025iShares Asia 50 ETF (ASX-IAA) chart 31 January 2025Monadelphous Group (ASX-MND) chart 31 January 2025Mystate (ASX-MYS) chart 31 January 2025Opthea (ASX-OPT) chart 31 January 2025Paradigm Biopharmaceuticals. (ASX-PAR) chart 31 January 2025Pro Medicus (ASX-PME) chart 31 January 2025Technology One (ASX-TNE) chart 31 January 2025Tuas (ASX-TUA) chart 31 January 2025Vaneck Video Gaming and Esports ETF (ASX-ESPO) chart 31 January 2025Xero (ASX-XRO) chart 31 January 2025

Downtrends Scan List

Company

Code

Last Price

1mo %

1yr %

4DS Memory

4DS

$0.033

-28.3%

-52.2%

Alligator Energy

AGE

$0.034

0%

-50.7%

APA Group

APA

$6.82

-2.2%

-18.4%

Clarity Pharmaceuticals

CU6

$3.68

-11.8%

+64.8%

IGO

IGO

$4.93

+3.4%

-36.2%

Iluka Resources

ILU

$4.42

-12.5%

-39.2%

Imugene

IMU

$0.036

-2.7%

-65.7%

Johns Lyng Group

JLG

$3.73

-0.3%

-45.6%

Kingsgate Consolidated

KCN

$1.260

-1.9%

-11.9%

Mineral Resources

MIN

$34.98

+2.1%

-42.5%

Nickel Industries

NIC

$0.765

-7.3%

+5.5%

Novonix

NVX

$0.550

-25.2%

0%

Peninsula Energy

PEN

$1.085

-13.9%

-51.6%

Platinum Asset Management

PTM

$0.680

-1.4%

-24.0%

Rural Funds Group

RFF

$1.620

-6.6%

-20.6%

The Star Entertainment Group

SGR

$0.120

-36.8%

-77.1%

Skycity Entertainment Group

SKC

$1.260

-3.8%

-27.6%

Stanmore Resources

SMR

$2.64

-12.3%

-33.2%

Spark New Zealand

SPK

$2.63

-2.2%

-46.7%

Weebit Nano

WBT

$2.27

-36.9%

-41.2%

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: Clarity Pharmaceuticals (ASX: CU6), Iluka Resources (ASX: ILU), Mineral Resources (ASX: MIN), Nickel Industries (ASX: NIC), Novonix (ASX: NVX), Peninsula Energy (ASX: PEN), Weebit Nano (ASX: WBT).

Charts of each below:

Clarity Pharmaceuticals (ASX-CU6) chart 31 January 2025Iluka Resources (ASX-ILU) chart 31 January 2025Mineral Resources (ASX-MIN) chart 31 January 2025Nickel Industries (ASX-NIC) chart 31 January 2025Novonix (ASX-NVX) chart 31 January 2025Peninsula Energy (ASX-PEN) chart 31 January 2025Weebit Nano (ASX-WBT) chart 31 January 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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