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. You can also watch these videos (https://www.youtube.com/watch?v=2B_KdCK1mqo&list=PLbT6Am8efZR6OBoh25cRlcmuEZEUShP03) 📺 in which I perform live analysis of ASX stocks as requested by viewers, including detailed explanations of how my methodology works.
How to use the Uptrends & Downtrends lists, and Feature Chart lists
Feel free to get your favourite AI to convert the tables below into lists you can upload to your favourite trading platform like TradingView. Then you'll be able to skip from chart to chart and quickly and easily see the best uptrends and downtrends on the ASX.
Some investors prefer to buy those stocks in strong uptrends, and avoid, sell, or short sell those stocks in strong downtrends – but how you use my ChartWatch lists is really up to you!
Note, many stocks in both lists have appeared there many times before. As long as they keep meeting my criteria – they'll keep appearing. But note, there won't be any notifications when they don't – so you'll have to do your own research on when a particular trend changes!
Uptrends Scan List 📈
Company
Code
Last Price
1mo %
1yr %
Brazilian Rare Earths
BRE
$5.87
+32.5%
+204.1%
Global X Cybersecurity ETF
BUGG
$10.74
+22.4%
-19.0%
BetaShares Aus Equities Bear ETF
BEAR
$7.60
+4.8%
-1.2%
BetaShares Global Energy Comp ETF
FUEL
$8.95
+4.2%
+46.2%
Forrestania Resources
FRS
$0.640
+33.3%
+1541.0%
Eden Innovations
EDE
$0.245
+16.7%
+770.6%
OOH!Media
OML
$1.390
+46.3%
-14.5%
Smartgroup Corp.
SIQ
$11.28
+28.6%
+49.9%
Iron Bear Resources
IBR
$0.066
+32.0%
+50.0%
Global X Global Technology ETF
TECH
$101.49
+13.4%
-11.0%
Santos
STO
$8.09
+5.8%
+26.2%
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: Brazilian Rare Earths (BRE), Forrestania Resources (FRS), BetaShares Global Energy Comp ETF (FUEL), Iron Bear Resources (IBR).
Feature Uptrend Charts:
ChartWatch LIVE Webinar
ChartWatch LIVE Webinars – WEEKLY Wednesday's @ 12pm AEDT
Learn more about technical analysis and trend following through real case studies on ASX stocks. Australia's premier technical analyst, Carl Capolingua, shares his unique insights on stocks as requested by viewers. Ask about a company in your portfolio or anything related to trading and investing and get Carl's expert opinion.
Places are limited so REGISTER NOW! (https://us02web.zoom.us/webinar/register/9017580865995/WN_SJhK5q0GTAavpXaQL5m1oA)
Downtrends Scan List 📉
Company
Code
Last Price
1mo %
1yr %
The A2 Milk Company
A2M
$5.81
-22.2%
-30.8%
Astral Resources
AAR
$0.145
-21.6%
0%
Acrow
ACF
$0.795
-18.5%
-22.4%
Australian Clinical Labs
ACL
$1.835
-12.2%
-39.8%
Adairs
ADH
$1.210
-6.6%
-54.3%
Australian Ethical
AEF
$3.93
-19.5%
-36.7%
Ansell
ANN
$25.05
-7.7%
-22.4%
Eagers Automotive
APE
$22.31
-5.7%
+22.6%
Aspen
APZ
$4.61
-4.6%
+53.7%
ARB Corp.
ARB
$17.70
-14.5%
-43.2%
Arena Reit
ARF
$3.19
-8.6%
-15.2%
Austal
ASB
$3.87
-16.4%
-22.6%
Autosports
ASG
$2.17
-9.6%
+3.8%
Ausgold
AUC
$0.820
-16.3%
+29.1%
Bapcor
BAP
$0.370
-42.6%
-90.1%
Barton Gold
BGD
$0.890
-10.1%
+60.4%
Beacon Lighting
BLX
$1.545
-9.1%
-50.6%
Boss Energy
BOE
$1.270
-25.7%
-68.1%
Brambles
BXB
$17.63
-21.3%
-18.4%
Chrysos Corp.
C79
$5.88
-19.8%
+17.6%
Catapult Sports
CAT
$2.90
-9.4%
-32.2%
Charter Hall
CHC
$19.03
-8.4%
+6.4%
Champion Iron
CIA
$4.80
-2.8%
+0.8%
Cochlear
COH
$93.52
-44.5%
-65.0%
CH Social Infrastructure Reit
CQE
$2.48
-7.1%
-15.9%
Coronado Global Resources
CRN
$0.220
-26.7%
+15.8%
CSL
CSL
$96.22
-29.8%
-59.6%
Cettire
CTT
$0.185
-31.5%
-65.7%
Cleanaway Waste
CWY
$2.16
-6.5%
-20.0%
Deep Yellow
DYL
$1.655
-18.5%
+24.4%
Ebos
EBO
$16.49
-10.1%
-55.0%
EBR Systems
EBR
$0.510
-21.5%
-54.9%
Endeavour
EDV
$3.02
-7.4%
-25.4%
Emeco
EHL
$1.005
-17.6%
+30.5%
Elders
ELD
$5.55
-26.1%
-14.2%
Energy One
EOL
$13.27
-8.4%
-3.3%
EQT
EQT
$18.05
-12.3%
-43.1%
Fisher & Paykel Healthcare
FPH
$26.67
-14.6%
-22.0%
Fleetwood
FWD
$1.570
-6.8%
-43.5%
G8 Education
GEM
$0.160
-37.3%
-87.4%
Graincorp Class A
GNC
$4.93
-22.4%
-35.1%
Grange Resources
GRR
$0.150
-16.7%
-26.8%
Helloworld Travel
HLO
$1.400
-8.8%
-10.5%
Iress
IRE
$5.70
-19.6%
-32.9%
Judo Capital
JDO
$1.350
-10.3%
-2.9%
James Hardie Industries
JHX
$26.02
-7.2%
-33.2%
Jumbo Interactive
JIN
$6.99
-13.7%
-28.7%
Lovisa
LOV
$21.21
-10.9%
-25.6%
MA Financial
MAF
$6.31
-11.4%
-5.3%
Mirvac
MGR
$1.670
-6.2%
-25.4%
Maritana Minerals
MRT
$0.725
-19.9%
-16.7%
Nick Scali
NCK
$13.75
-12.0%
-26.5%
Novonix
NVX
$0.225
-21.1%
-55.9%
Orora
ORA
$1.255
-14.3%
-35.0%
Propel Funeral Partners
PFP
$3.35
-15.0%
-30.4%
Perpetual
PPT
$15.95
-3.2%
-12.5%
Qantas Airways
QAN
$8.44
-7.0%
-14.8%
Qoria
QOR
$0.255
-23.9%
-38.6%
Scentre
SCG
$3.59
+1.7%
+1.1%
Siteminder
SDR
$2.84
-14.7%
-35.6%
SGH
SGH
$38.81
-4.9%
-25.4%
Stockland
SGP
$3.83
-11.3%
-29.6%
Sonic Healthcare
SHL
$18.39
-10.6%
-30.1%
Supply Network
SNL
$29.65
-8.4%
-27.7%
Spark New Zealand
SPK
$1.630
-6.9%
-19.7%
Servcorp
SRV
$6.10
-7.9%
+17.1%
Titan Minerals
TTM
$0.720
-14.3%
+92.0%
Tuas
TUA
$2.27
-62.5%
-60.2%
Virgin Australia
VGN
$2.29
-9.8%
0%
Wesfarmers
WES
$71.26
-2.2%
-12.6%
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: Ansell (ANN), Austal (ASB), Bapcor (BAP), Beacon Lighting (BLX), Brambles (BXB), Charter Hall (CHC), CSL (CSL), Cettire (CTT), EBR Systems (EBR), Endeavour (EDV), Emeco (EHL), Fleetwood (FWD), Graincorp Class A (GNC), Helloworld Travel (HLO), Iress (IRE), James Hardie Industries (JHX), Propel Funeral Partners (PFP), Stockland (SGP), Sonic Healthcare (SHL), Supply Network (SNL).
10 Randomly chosen Feature Downtrend Charts:
Important considerations for using the ChartWatch Daily ASX Scans
- For more information on Carl's trend following information, check out his Technical analysis for beginners: ChartWatch Primer (https://www.marketindex.com.au/news/technical-analysis-for-beginners-chartwatch-primer?src=search-all).
- 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 next trading day.
- These lists are not exhaustive, they are carefully 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.
- 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's up to you to apply the criteria to determine why a particular stock might not still be included.
- This is general, educational information only – so always do your own research!!!
