TECHNICAL ANALYSIS

ChartWatch ASX Scans: 4DMedical, ANZ, Droneshield, South32, Pro Medicus, Technology One, Treasury Wine, Xero

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

Lead Writer and Presenter
Fri 16 Jan 2026, 09:00 AEDT
4 min read
ChartWatch ASX Scans: 4DMedical, ANZ, Droneshield, South32, Pro Medicus, Technology One, Treasury Wine, Xero

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: 4DMedical (4DX), ANZ (ANZ), Droneshield (DRO), Elsight (ELS), BS Agriculture ETF (FOOD), Meteoric Resources (MEI), Resolution Minerals (RML), South32 (S32), Sims (SGM), SRG Global (SRG), Sunrise Energy Metals (SRL).
  • Today’s most interesting downtrends: Life360 (360), Car (CAR), Catapult Sports (CAT), Kelly Partners (KPG), Megaport (MP1), Netwealth (NWL), Pro Medicus (PME), Premier Investments (PMV), Technology One (TNE), Treasury Wine (TWE), Tyro (TYR), Xero (XRO).

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 📺 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 the 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 %
4DMEDICAL
4DX
$4.53
+113.7%
+815.2%
ALS
ALQ
$23.42
+7.5%
+49.6%
ANZ Group Holdings
ANZ
$37.32
+4.2%
+29.1%
Austal
ASB
$8.71
+39.8%
+182.8%
Champion Iron
CIA
$6.53
+4.6%
+15.8%
Cleo Diagnostics
COV
$0.735
+18.5%
+101.4%
Cygnus Metals
CY5
$0.220
+46.7%
+69.2%
Vaneck Global Defence ETF
DFND
$44.76
+21.3%
+86.0%
Domino's Pizza
DMP
$23.45
+2.4%
-18.4%
Droneshield
DRO
$4.08
+96.2%
+451.4%
BetaShares Global Healthcare ETF
DRUG
$8.99
+3.8%
+12.5%
Echoiq
EIQ
$0.345
+25.5%
+35.3%
Elsight
ELS
$3.81
+42.7%
+889.6%
BetaShares Agriculture ETF
FOOD
$7.70
+4.8%
+24.4%
Felix Gold
FXG
$0.410
+28.1%
+314.1%
Genusplus Group
GNP
$6.88
+5.0%
+162.6%
BetaShares Japan ETF
HJPN
$27.70
+8.3%
+41.2%
iShares S&P Small-Cap ETF
IJR
$191.00
+0.7%
+4.2%
iShares MSCI South Korea ETF
IKO
$171.45
+18.6%
+89.8%
iShares MSCI Eafe ETF
IVE
$147.73
+2.3%
+22.2%
Kingsgate Consolidated
KCN
$6.19
+20.7%
+368.9%
Linq Minerals
LNQ
$0.530
+158.5%
0%
Lycopodium
LYL
$14.95
+12.0%
+41.0%
Meteoric Resources
MEI
$0.220
+51.7%
+139.1%
Midas Minerals
MM1
$0.770
+73.0%
+887.2%
Monadelphous Group
MND
$29.61
+13.0%
+106.6%
Vaneck Wide Moat ETF
MOAT
$135.08
+2.3%
+3.4%
Nick Scali
NCK
$25.43
+17.7%
+70.7%
New Hope Corp.
NHC
$4.44
+9.9%
-9.0%
NRW Holdings
NWH
$5.54
+8.0%
+44.3%
Peninsula Energy
PEN
$0.820
+42.6%
-24.3%
Pmet Resources
PMT
$0.740
+45.1%
+97.3%
PYC Therapeutics
PYC
$1.705
+16.4%
+33.9%
Vaneck MSCI International SML ETF
QHSM
$33.36
+2.6%
+15.2%
BetaShares FTSE RAFI Aust. 200 ETF
QOZ
$18.59
+1.4%
+15.5%
BetaShares Aust. Resources ETF
QRE
$9.34
+5.5%
+37.2%
Vaneck Int. Small Co's Quality ETF
QSML
$33.01
+2.1%
+8.5%
Regal Investment Fund
RF1
$3.55
+4.7%
+6.0%
Regal Partners Global
RG1
$2.43
+14.6%
+35.0%
Resolution Minerals
RML
$0.073
+58.7%
+356.3%
South32
S32
$4.14
+16.3%
+22.8%
Sims
SGM
$19.72
+8.0%
+50.6%
SRG Global
SRG
$3.10
+8.4%
+134.8%
Sunrise Energy Metals
SRL
$8.60
+29.3%
+3559.6%
Tribeca Natural Resources
TGF
$2.77
+25.3%
+97.2%
Tesoro Gold
TSO
$1.320
+20.0%
+363.2%
Titan Minerals
TTM
$1.090
+39.7%
+175.9%
Tuas
TUA
$7.31
+4.1%
+17.1%
BetaShares Global Uranium ETF
URNM
$12.83
+16.5%
+54.8%
Vaneck MSCI Int. Value ETF
VLUE
$34.90
+3.9%
+31.4%
Ventia Services
VNT
$6.25
+7.8%
+73.6%
Whitehaven Coal
WHC
$8.77
+13.5%
+45.0%
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: 4DMEDICAL (4DX), ANZ (ANZ), Droneshield (DRO), Elsight (ELS), BetaShares Agriculture ETF (FOOD), Genusplus (GNP), Linq Minerals (LNQ), Lycopodium (LYL), Meteoric Resources (MEI), Monadelphous (MND), BetaShares Aust. Resources ETF (QRE), Resolution Minerals (RML), South32 (S32), Sims (SGM), SRG Global (SRG), Sunrise Energy Metals (SRL), BetaShares Global Uranium ETF (URNM), Whitehaven Coal (WHC).

10 Randomly chosen Feature Uptrend Charts:

4DMEDICAL (ASX-4DX) Daily chart 15 January 2026 ANZ Group Holdings (ASX-ANZ) Daily chart 15 January 2026 BetaShares GLB Agriculture Comp Currency Hdgd ETF (ASX-FOOD) Daily chart 15 January 2026 BetaShares Global Uranium ETF (ASX-URNM) Daily chart 15 January 2026 Droneshield (ASX-DRO) Daily chart 15 January 2026 Elsight (ASX-ELS) Daily chart 15 January 2026 Meteoric Resources (ASX-MEI) Daily chart 15 January 2026 Resolution Minerals (ASX-RML) Daily chart 15 January 2026 South32 (ASX-S32) Daily chart 15 January 2026 Sunrise Energy Metals (ASX-SRL) Daily chart 15 January 2026

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!<


Downtrends Scan List 📉

Company
Code
Last Price
1mo %
1yr %
Life360
360
$28.75
-17.5%
+29.4%
Australian Ethical Investment
AEF
$4.99
-1.8%
-5.7%
AMA Group
AMA
$0.765
-4.4%
+34.2%
Alliance Aviation Services
AQZ
$1.200
-0.8%
-59.6%
Arena Reit.
ARF
$3.53
+0.9%
-7.6%
Beach Energy
BPT
$1.150
0%
-22.3%
Car Group
CAR
$30.04
-2.8%
-19.9%
Catapult Sports
CAT
$3.99
-5.5%
+9.3%
Coles Group
COL
$20.94
-3.9%
+11.3%
Clarity Pharmaceuticals
CU6
$3.37
+8.0%
-10.4%
Dexus Industria Reit.
DXI
$2.64
-3.7%
-0.4%
Kelly Partners Group
KPG
$7.85
+0.8%
-20.1%
Lendlease Group
LLC
$4.97
-4.4%
-19.2%
Mader Group
MAD
$7.42
-1.2%
+21.0%
Megaport
MP1
$11.93
-9.4%
+74.9%
Netwealth Group
NWL
$24.63
-8.3%
-10.0%
Nuix
NXL
$1.775
-2.5%
-67.6%
Orthocell
OCC
$1.015
-0.5%
-28.5%
Pro Medicus
PME
$206.39
-12.0%
-18.7%
Premier Investments
PMV
$13.06
-7.8%
-38.0%
Siteminder
SDR
$5.75
-8.3%
+1.6%
Technology One
TNE
$27.20
0%
-7.0%
Treasury Wine Estates
TWE
$5.10
-8.1%
-53.4%
Tyro Payments
TYR
$0.990
-1.5%
+18.6%
Wisetech Global
WTC
$66.73
-6.0%
-47.0%
Xero
XRO
$103.16
-8.6%
-39.4%
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: Life360 (360), Australian Ethical Investment (AEF), Car Group (CAR), Catapult Sports (CAT), Kelly Partners Group Holdings (KPG), Megaport (MP1), Netwealth Group (NWL), Pro Medicus (PME), Premier Investments (PMV), Technology One (TNE), Treasury Wine Estates (TWE), Tyro Payments (TYR), Xero (XRO).

10 Randomly chosen Feature Downtrend Charts:

Car Group (ASX-CAR) Daily chart 15 January 2026 Catapult Sports (ASX-CAT) Daily chart 15 January 2026 Life360 (ASX-360) Daily chart 15 January 2026 Megaport (ASX-MP1) Daily chart 15 January 2026 Netwealth Group (ASX-NWL) Daily chart 15 January 2026 Premier Investments (ASX-PMV) Daily chart 15 January 2026 Pro Medicus (ASX-PME) Daily chart 15 January 2026 Technology One (ASX-TNE) Daily chart 15 January 2026 Treasury Wine Estates (ASX-TWE) Daily chart 15 January 2026 Xero (ASX-XRO) Daily chart 15 January 2026

Important considerations for using the ChartWatch Daily ASX Scans

1. For more information on Carl's trend following information, check out his Technical analysis for beginners: ChartWatch Primer.
2. 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 today. 2. 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. 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's 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 – so 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