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/ChartWatch ASX Scans: Calima Energy, Electro Optic Systems, Jumbo Interactive, Domino's Pizza, Evolution Mining, TPG Telecom
Technical Analysis
ChartWatch ASX Scans: Calima Energy, Electro Optic Systems, Jumbo Interactive, Domino's Pizza, Evolution Mining, TPG Telecom
Thu 27 Jun 24, 9:00am (AEST)
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Stocks in article
Key Points
- Interesting uptrends in today's Scan Lists: Codan (CDA), Calima Energy (CE1), Electro Optic Systems (EOS), Findi (FND), Integrated Research (IRI), Jumbo Interactive (JIN), Macquarie Technology (MAQ), Macquarie Group (MQG), and Telix Pharmaceuticals (TLX)
- Interesting downtrends in today's Scan Lists: Collins Foods (CKF), Cettire (CTT), Domino's Pizza (DMP), Evolution Mining (EVN), Monash IVF (MVF), Northern Star Resources (NST), Ramsay Health Care (RHC), Regis Resources (RRL), and TPG Telecom (TPG)
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 % |
|---|---|---|---|---|
AGL Energy | AGL | $10.70 | +2.1% | -3.3% |
Aristocrat Leisure | ALL | $50.02 | +11.0% | +31.5% |
Bendigo and Adelaide Bank | BEN | $11.64 | +6.1% | +38.1% |
Biome Australia | BIO | $0.540 | +68.8% | +671.4% |
Bisalloy Steel Group | BIS | $3.97 | +2.9% | +125.8% |
Capitol Health | CAJ | $0.305 | +24.5% | +10.9% |
Catapult Group International | CAT | $1.885 | +20.1% | +103.8% |
Codan | CDA | $11.78 | +8.3% | +59.2% |
Calima Energy | CE1 | $0.010 | +188.9% | +278.8% |
Coles Group | COL | $17.19 | +5.2% | -6.6% |
Clarity Pharmaceuticals | CU6 | $5.09 | +14.1% | +585.3% |
Dalrymple Bay Infrastructure/Notes | DBI | $2.96 | +0.7% | +10.9% |
Droneshield | DRO | $1.565 | +63.0% | +566.0% |
BetaShares Global Healthcare Hedged ETF | DRUG | $8.86 | +2.4% | +13.4% |
DUG Technology | DUG | $2.73 | +2.2% | +141.6% |
Diversified United Investment | DUI | $5.30 | +3.9% | +7.7% |
Dexus Convenience Retail Reit | DXC | $2.79 | +3.3% | +9.4% |
Electro Optic Systems | EOS | $1.555 | +12.3% | +75.7% |
Findi | FND | $4.70 | +41.6% | +754.5% |
Global Data Centre Group | GDC | $3.19 | +10.0% | +94.5% |
Genusplus Group | GNP | $1.955 | +8.6% | +88.0% |
GQG Partners | GQG | $2.75 | +10.4% | +103.7% |
BetaShares Japan ETF-Currency Hedged ETF | HJPN | $21.47 | +1.4% | +27.3% |
Healius | HLS | $1.480 | +13.8% | -50.6% |
iShares Asia 50 ETF | IAA | $101.76 | +1.2% | +13.3% |
Immutep | IMM | $0.435 | -4.6% | +48.8% |
Integrated Research | IRI | $0.890 | +21.9% | +158.0% |
Jumbo Interactive | JIN | $17.65 | +4.9% | +25.9% |
LGI | LGI | $3.00 | +3.4% | +39.5% |
Macmahon | MAH | $0.290 | +1.8% | +114.8% |
Macquarie Technology Group | MAQ | $92.89 | +8.9% | +42.2% |
Medadvisor | MDR | $0.490 | +14.0% | +122.7% |
MFF Capital Investments | MFF | $3.72 | +5.7% | +45.3% |
Metro Mining | MMI | $0.047 | +9.3% | +123.8% |
Macquarie Group | MQG | $203.73 | +5.2% | +17.9% |
Navigator Global Investments | NGI | $2.04 | +10.9% | +69.9% |
Netwealth Group | NWL | $22.21 | +9.1% | +63.5% |
Nuix | NXL | $2.98 | -0.3% | +259.0% |
OFX Group | OFX | $2.19 | +3.8% | +15.9% |
Origin Energy | ORG | $10.83 | +3.7% | +28.0% |
Paragon Care | PGC | $0.430 | +14.7% | +83.0% |
Plenti Group | PLT | $0.800 | +6.7% | +107.8% |
Pinnacle Investment Management Group | PNI | $14.25 | +6.4% | +53.2% |
Polynovo | PNV | $2.42 | +14.7% | +72.2% |
PYC Therapeutics | PYC | $0.125 | +8.7% | +130.0% |
Regal Investment Fund | RF1 | $3.34 | +0.9% | +22.8% |
SG Fleet Group | SGF | $3.19 | +6.7% | +45.0% |
Superloop | SLC | $1.555 | +8.4% | +148.8% |
Spartan Resources | SPR | $0.900 | +25.0% | +403.2% |
Service Stream | SSM | $1.275 | +5.4% | +58.4% |
Suncorp Group | SUN | $16.97 | +5.5% | +25.9% |
Telix Pharmaceuticals | TLX | $18.91 | +22.2% | +51.3% |
Treasury Wine Estates | TWE | $12.51 | +8.7% | +9.6% |
Webjet | WEB | $8.95 | +1.9% | +31.8% |
Westgold Resources | WGX | $2.51 | +15.7% | +86.6% |
Xero | XRO | $134.42 | +0.3% | +20.7% |
Yancoal Australia | YAL | $6.29 | -2.0% | +43.6% |
Zip Co. | ZIP | $1.410 | +12.4% | +224.1% |
Today's Uptrends Scan List
Interesting charts from today's Uptrends List 🔎📈
The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: Bendigo and Adelaide Bank (ASX: BEN), Codan (ASX: CDA), Calima Energy (ASX: CE1), BetaShares Global Healthcare Hedged ETF (ASX: DRUG), Electro Optic Systems (ASX: EOS), Findi (ASX: FND), Genusplus Group (ASX: GNP), iShares Asia 50 ETF (ASX: IAA), Integrated Research (ASX: IRI), Jumbo Interactive (ASX: JIN), Macquarie Technology Group (ASX: MAQ), MFF Capital Investments (ASX: MFF), Macquarie Group (ASX: MQG), Telix Pharmaceuticals (ASX: TLX).
Charts of each below:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
Audinate Group | AD8 | $16.14 | +1.0% | +67.4% |
Australian Finance Group | AFG | $1.370 | -6.8% | -16.5% |
Ampol | ALD | $32.49 | -8.6% | +10.7% |
Eagers Automotive | APE | $10.38 | -1.3% | -18.6% |
Arafura Rare Earths | ARU | $0.175 | -12.5% | -45.3% |
Aurizon | AZJ | $3.64 | -2.2% | -5.2% |
Brickworks | BKW | $26.68 | +1.3% | -2.1% |
Centuria Industrial Reit | CIP | $3.09 | -3.4% | +2.0% |
Collins Foods | CKF | $9.11 | -3.9% | +14.7% |
Charter Hall Long Wale Reit | CLW | $3.38 | -3.2% | -13.3% |
Centuria Office Reit | COF | $1.170 | -4.5% | -14.9% |
Charter Hall Social Infrastructure Reit | CQE | $2.44 | -2.8% | -13.8% |
Charter Hall Retail Reit | CQR | $3.32 | -1.5% | -7.0% |
Coronado Global Resources | CRN | $1.165 | +4.5% | -22.3% |
Cettire | CTT | $1.055 | -59.7% | -58.6% |
Domino's Pizza Enterprises | DMP | $36.49 | -1.4% | -16.1% |
Develop Global | DVP | $2.15 | -6.9% | -38.9% |
Ebos Group | EBO | $29.65 | -9.3% | -11.5% |
Evolution Mining | EVN | $3.39 | -13.7% | +2.4% |
Fletcher Building | FBU | $2.65 | -7.0% | -44.1% |
GDI Property Group | GDI | $0.580 | -4.1% | -12.1% |
Growthpoint Properties Australia | GOZ | $2.32 | -3.3% | -16.5% |
Healthco Healthcare and Wellness Reit | HCW | $1.115 | -3.0% | -14.9% |
Homeco Daily Needs Reit | HDN | $1.190 | -4.4% | +4.8% |
Lifestyle Communities | LIC | $12.29 | -3.5% | -14.2% |
MA Financial Group | MAF | $4.49 | -3.0% | -9.7% |
Meteoric Resources | MEI | $0.155 | -16.2% | -29.5% |
Mirvac Group | MGR | $1.925 | -3.8% | -12.5% |
Monadelphous Group | MND | $13.02 | -7.3% | +11.5% |
Megaport | MP1 | $11.79 | -16.1% | +67.9% |
Metcash | MTS | $3.62 | -5.2% | -1.4% |
Monash IVF Group | MVF | $1.315 | -7.1% | +17.4% |
Mayne Pharma Group | MYX | $4.56 | -11.6% | +15.7% |
Nine Entertainment | NEC | $1.375 | -7.1% | -28.8% |
Northern Star Resources | NST | $12.96 | -10.4% | +5.4% |
OOH!Media | OML | $1.375 | -7.7% | +19.6% |
Ramsay Health Care | RHC | $46.59 | -5.9% | -15.2% |
Resmed Inc | RMD | $27.65 | -13.9% | -14.1% |
Regis Resources | RRL | $1.735 | -10.1% | -11.0% |
Seek | SEK | $21.76 | -2.1% | +0.8% |
Skycity Entertainment Group | SKC | $1.280 | -22.0% | -36.3% |
TPG Telecom | TPG | $4.50 | -1.3% | -11.8% |
Vicinity Centres | VCX | $1.880 | -1.8% | +5.0% |
Waypoint Reit | WPR | $2.26 | -7.4% | -14.1% |
Today's Downtrends Scan List
Interesting charts from today's Downtrends List 🔎📉
The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: Ampol (ASX: ALD), Collins Foods (ASX: CKF), Charter Hall Long Wale Reit (ASX: CLW), Cettire (ASX: CTT), Domino's Pizza Enterprises (ASX: DMP), Evolution Mining (ASX: EVN), Fletcher Building (ASX: FBU), Homeco Daily Needs Reit (ASX: HDN), Monash IVF Group (ASX: MVF), Nine Entertainment (ASX: NEC), Northern Star Resources (ASX: NST), OOH!Media (ASX: OML), Ramsay Health Care (ASX: RHC), Regis Resources (ASX: RRL), Seek (ASX: SEK), Skycity Entertainment Group (ASX: SKC), TPG Telecom (ASX: TPG), Waypoint Reit (ASX: WPR).
Charts of each 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.
Carl has over 30-years 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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