ChartWatch ASX Scans: Magnetic Resources, Deep Yellow, Iluka Resources, Karoon Energy, Megaport, South32, Weebit Nano
- Interesting uptrends in today's Scans: Capricorn Metals (CMM), Global X Physical Gold Global X Physical Gold (GOLD), iShares Global Consumer Staples ETF (IXI), Magnetic Resources (MAU), Newmont (NEM), Vanguard Global Infrastructure Index ETF (VBLD)
- Interesting downtrends in today's Scans: Audinate (AD8), Adriatic Metals (ADT), Bellevue Gold (BGL), BHP (BHP), Bannerman (BMN), Cettire (CTT), Calix (CXL), Deep Yellow (DYL), Fortescue (FMG), IGO (IGO), Iluka (ILU), Karoon Energy (KAR), South32 (S32)
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 % |
|---|---|---|---|---|
Capricorn Metals | CMM | $5.51 | +8.5% | +30.9% |
Global X Physical Gold Global X Physical Gold | GOLD | $35.19 | +8.5% | +28.1% |
iShares Global Consumer Staples ETF | IXI | $96.80 | +8.5% | +3.5% |
Magnetic Resources | MAU | $1.580 | +29.0% | +192.6% |
Newmont Corporation | NEM | $74.69 | +14.9% | 0% |
Vanguard Global Infrastructure Index ETF | VBLD | $70.26 | +14.1% | +11.3% |
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: Capricorn Metals 
CMM, Global X Physical Gold Global X Physical Gold 
GOLD, iShares Global Consumer Staples ETF 
IXI, Magnetic Resources 
MAU, Newmont Corporation 
NEM, Vanguard Global Infrastructure Index ETF 
VBLD.
Charts of each below:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Alpha HPA | A4N | $0.770 | -11.0% | -33.6% |
Aussie Broadband | ABB | $2.99 | -14.6% | +8.7% |
Abacus Group | ABG | $1.050 | -7.1% | -20.5% |
Audinate Group | AD8 | $13.32 | -15.1% | +44.0% |
Adriatic Metals | ADT | $2.93 | -20.8% | -18.4% |
Auckland International Airport | AIA | $6.73 | -3.3% | -12.7% |
Ampol | ALD | $32.48 | -2.0% | +1.4% |
Atlas Arteria | ALX | $5.05 | +0.4% | -17.5% |
Amotiv | AOV | $10.16 | -0.6% | +3.9% |
Eagers Automotive | APE | $10.01 | -2.2% | -31.0% |
Arafura Rare Earths | ARU | $0.155 | -22.5% | -47.5% |
Aurizon | AZJ | $3.60 | 0% | -4.0% |
Bapcor | BAP | $4.79 | -5.3% | -23.4% |
Bellevue Gold | BGL | $1.295 | -34.1% | -13.4% |
BHP Group | BHP | $41.11 | -7.4% | -10.3% |
Bannerman Energy | BMN | $2.31 | -26.0% | +53.5% |
Boss Energy | BOE | $2.94 | -23.0% | -1.3% |
Beach Energy | BPT | $1.415 | -6.9% | -12.9% |
Brainchip | BRN | $0.170 | -20.9% | -52.8% |
BWP Trust | BWP | $3.46 | -1.1% | -2.5% |
Chalice Mining | CHN | $1.040 | -21.5% | -82.4% |
Collins Foods | CKF | $8.71 | -3.7% | -11.8% |
Cettire | CTT | $1.210 | -7.6% | -57.8% |
Clinuvel Pharmaceuticals | CUV | $13.67 | -21.3% | -22.6% |
Calix | CXL | $0.830 | -38.3% | -80.1% |
Core Lithium | CXO | $0.091 | 0% | -86.2% |
Dicker Data | DDR | $9.52 | -3.4% | +18.1% |
Deterra Royalties | DRR | $3.86 | -6.8% | -15.7% |
Deep Yellow | DYL | $0.945 | -32.7% | +46.5% |
EVT | EVT | $10.66 | -5.3% | -8.9% |
Fortescue | FMG | $18.40 | -17.9% | -14.6% |
Fleetpartners Group | FPR | $3.21 | -8.8% | +24.9% |
Grange Resources | GRR | $0.300 | -22.1% | -42.9% |
Hansen Technologies | HSN | $4.29 | -4.0% | -17.2% |
IDP Education | IEL | $13.99 | -3.3% | -42.6% |
IGO | IGO | $5.03 | -15.2% | -63.6% |
Iluka Resources | ILU | $5.50 | -19.2% | -45.3% |
Imugene | IMU | $0.051 | 0% | -49.0% |
IPH | IPH | $5.87 | -5.5% | -24.7% |
Jumbo Interactive | JIN | $14.98 | -10.1% | +0.2% |
Johns Lyng Group | JLG | $5.50 | -3.8% | +5.2% |
Karoon Energy | KAR | $1.700 | -9.1% | -23.4% |
Kogan.Com | KGN | $4.07 | -3.6% | -35.5% |
Kelsian Group | KLS | $4.92 | +2.5% | -27.3% |
Lifestyle Communities | LIC | $8.53 | -31.5% | -49.7% |
Lendlease Group | LLC | $5.93 | +4.6% | -29.6% |
Lotus Resources | LOT | $0.220 | -35.3% | 0% |
Latin Resources | LRS | $0.125 | -28.6% | -66.2% |
Arcadium Lithium | LTM | $4.11 | -20.3% | 0% |
Liontown Resources | LTR | $0.870 | -4.9% | -68.8% |
Lynas Rare Earths | LYC | $5.91 | -9.9% | -14.0% |
MA Financial Group | MAF | $4.00 | -8.7% | -12.1% |
Meteoric Resources | MEI | $0.094 | -39.4% | -55.2% |
Monadelphous Group | MND | $11.42 | -10.1% | -15.0% |
Megaport | MP1 | $10.27 | -7.8% | -1.5% |
Metcash | MTS | $3.54 | -2.7% | -3.3% |
Mayne Pharma Group | MYX | $3.83 | -12.6% | -16.7% |
Nine Entertainment | NEC | $1.370 | +3.0% | -35.7% |
Neuren Pharmaceuticals | NEU | $17.01 | -14.8% | +26.6% |
NIB | NHF | $7.02 | +0.6% | -13.5% |
Nickel Industries | NIC | $0.780 | -4.9% | -6.6% |
Nufarm | NUF | $4.39 | -3.9% | -15.7% |
Novonix | NVX | $0.620 | -12.1% | -34.4% |
Omni Bridgeway | OBL | $0.880 | -15.8% | -68.3% |
Orora | ORA | $1.920 | -2.3% | -40.6% |
Paladin Energy | PDN | $9.64 | -25.9% | +25.2% |
Pilbara Minerals | PLS | $2.83 | -5.7% | -41.9% |
Perpetual | PPT | $20.65 | -4.2% | -16.6% |
Platinum Asset Management | PTM | $1.010 | -5.2% | -36.1% |
Regis Resources | RRL | $1.600 | -9.9% | -5.9% |
South32 | S32 | $2.84 | -25.7% | -27.6% |
Smartgroup Corporation | SIQ | $7.97 | -5.6% | -7.6% |
Silex Systems | SLX | $4.21 | -16.6% | +19.6% |
Block | SQ2 | $89.53 | -7.1% | -24.4% |
Strike Energy | STX | $0.190 | -17.4% | -57.3% |
Sayona Mining | SYA | $0.028 | -17.6% | -81.3% |
Syrah Resources | SYR | $0.240 | -28.4% | -65.0% |
Tabcorp | TAH | $0.580 | -15.3% | -44.8% |
Terracom | TER | $0.180 | -20.0% | -57.1% |
Talga Group | TLG | $0.405 | -29.6% | -69.5% |
TPG Telecom | TPG | $4.51 | -1.5% | -17.2% |
Tyro Payments | TYR | $0.865 | -7.0% | -34.0% |
Unibail-Rodamco-Westfield | URW | $5.51 | -10.0% | +30.6% |
Viva Energy Group | VEA | $3.08 | -2.5% | -1.3% |
Weebit Nano | WBT | $2.00 | -12.7% | -62.4% |
Wildcat Resources | WC8 | $0.215 | -29.5% | +22.9% |
Woodside Energy Group | WDS | $26.48 | -9.5% | -30.1% |
Worley | WOR | $14.17 | -3.8% | -19.0% |
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: Alpha HPA 
A4N, Audinate Group 
AD8, Adriatic Metals 
ADT, Auckland International Airport 
AIA, Eagers Automotive 
APE, Bapcor 
BAP, Bellevue Gold 
BGL, BHP Group 
BHP, Bannerman Energy 
BMN, Collins Foods 
CKF, Cettire 
CTT, Calix 
CXL, Dicker Data 
DDR, Deep Yellow 
DYL, Fortescue 
FMG, IGO 
IGO, Iluka Resources 
ILU, IPH 
IPH, Jumbo Interactive 
JIN, Johns Lyng Group 
JLG, Karoon Energy 
KAR, Lifestyle Communities 
LIC, Arcadium Lithium LLTM, MA Financial Group 
MAF, Monadelphous Group 
MND, Megaport 
MP1, Mayne Pharma Group 
MYX, Perpetual 
PPT, Regis Resources 
RRL, South32 
S32, Smartgroup Corporation 
SIQ, Silex Systems 
SLX, Strike Energy 
STX, Tabcorp 
TAH, Tyro Payments 
TYR, Unibail-Rodamco-Westfield 
URW, Weebit Nano 
WBT, Wildcat Resources 
WC8, Woodside Energy Group 
WDS.
Charts of each below:
There were 39 Feature Downtrends Charts – too many too display here. I couldn't split them in terms of quality of downtrend, so I asked ChatGPT to pick 20 at random to show below.
ChartWatch ASX Scans Criteria
Criteria for Uptrends List
Short term uptrend (ST trend ribbon is light green)
Long term uptrend or long term trend is transitioning from down to up (LT trend ribbon is dark green, or LT trend ribbon is amber and contracting)
Demand-side price action (rising peaks and rising troughs is preferred, but based upon weight of evidence of other criteria rising peaks only or rising troughs only may be permitted)
Predominance of demand-side candles (i.e., white bodies and or downward pointing shadows)
The last candle in particular is a strong demand-side candle
Criteria for Downtrends List
Short term downtrend (ST trend ribbon is light pink)
Long term downtrend or long term trend is transitioning from up to down (LT trend ribbon is dark pink, or LT trend ribbon is amber and contracting)
Supply-side price action (falling peaks and falling troughs is preferred, but based upon weight of evidence of other criteria falling peaks only or falling troughs only may be permitted)
Predominance of supply-side candles (i.e., black bodies and or upward pointing shadows)
The last candle in particular is a strong supply-side candle
Important considerations when using the ChartWatch ASX Scan Lists:
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.