TECHNICAL ANALYSIS

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

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

Lead Writer and Presenter
3 February 2025
This article is more than 12 months old and may be outdated
3 min read
ChartWatch ASX Scans: Pro Medicus, Mineral Resources, Technology One, Xero, Corporate Travel, Video Gaming Esports ETF, Nickel Industries

Source: Shutterstock

Mentioned

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 2025 Austal (ASX-ASB) chart 31 January 2025 Capricorn Metals (ASX-CMM) chart 31 January 2025 Corporate Travel Management (ASX-CTD) chart 31 January 2025 Global X Physical Silver ETF (ASX-ETPMPM) chart 31 January 2025 Insurance Australia Group (ASX-IAG) chart 31 January 2025 iShares Asia 50 ETF (ASX-IAA) chart 31 January 2025 Monadelphous Group (ASX-MND) chart 31 January 2025 Mystate (ASX-MYS) chart 31 January 2025 Opthea (ASX-OPT) chart 31 January 2025 Paradigm Biopharmaceuticals. (ASX-PAR) chart 31 January 2025 Pro Medicus (ASX-PME) chart 31 January 2025 Technology One (ASX-TNE) chart 31 January 2025 Tuas (ASX-TUA) chart 31 January 2025 Vaneck Video Gaming and Esports ETF (ASX-ESPO) chart 31 January 2025 Xero (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 2025 Iluka Resources (ASX-ILU) chart 31 January 2025 Mineral Resources (ASX-MIN) chart 31 January 2025 Nickel Industries (ASX-NIC) chart 31 January 2025 Novonix (ASX-NVX) chart 31 January 2025 Peninsula Energy (ASX-PEN) chart 31 January 2025 Weebit 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.

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