TECHNICAL ANALYSIS

ChartWatch ASX Scans: 4DMedical, Droneshield, Electro Optic Systems, Woodside Energy, Wesfarmers, Hot Chili, Paladin Energy

Your daily dose of the most actionable uptrends and downtrends on the ASX based on expert technical analysis.

Lead Writer and Presenter
Mon 20 July 2026, 09:00 AEST
4 min read
ChartWatch ASX Scans: 4DMedical, Droneshield, Electro Optic Systems, Woodside Energy, Wesfarmers, Hot Chili, Paladin Energy

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: AMP (AMP), Computershare (CPU), OOH!Media (OML), W.H. Soul Pattinson (SOL), Woodside Energy (WDS), Wesfarmers (WES).
  • Today’s most interesting downtrends: 4DMEDICAL (4DX), Arafura Rare Earths (ARU), Chalice Mining (CHN), Droneshield (DRO), Deep Yellow (DYL), Electro Optic Systems (EOS), HOT Chili (HCH), Iluka Resources (ILU), Iperionx (IPX), Paladin Energy (PDN).

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 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 %
Amcor
AMC
$63.77
+9.9%
-11.9%
AMP
AMP
$2.02
+27.0%
+34.7%
APA
APA
$10.29
-1.2%
+24.3%
Computershare
CPU
$39.86
+7.3%
-0.4%
Fletcher Building
FBU
$3.16
+17.9%
+17.5%
Medibank Private
MPL
$5.13
+4.7%
+0.6%
Macquarie
MQG
$258.41
+2.2%
+16.1%
OOH!Media
OML
$1.570
+6.8%
-8.2%
W.H. Soul Pattinson
SOL
$46.15
+3.8%
+12.4%
Woodside Energy
WDS
$30.46
+6.4%
+26.0%
Wesfarmers
WES
$92.80
+8.2%
+14.2%
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: AMP (AMP), Computershare (CPU), OOH!Media (OML), W.H. Soul Pattinson (SOL), Woodside Energy (WDS), Wesfarmers (WES).

Feature Uptrend Charts:

AMP (ASX-AMP) Daily chart 17 July 2026 Computershare (ASX-CPU) Daily chart 17 July 2026 OOH!Media (ASX-OML) Daily chart 17 July 2026 W.H. Soul Pattinson (ASX-SOL) Daily chart 17 July 2026 Wesfarmers (ASX-WES) Daily chart 17 July 2026 Woodside Energy (ASX-WDS) Daily chart 17 July 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 %
29Metals
29M
$0.220
-25.4%
-32.9%
4DMEDICAL
4DX
$3.20
-17.1%
+1233.3%
Alpha HPA
A4N
$0.555
-34.7%
-36.9%
Audinate
AD8
$1.860
+6.3%
-72.2%
Australian Finance
AFG
$1.610
-6.1%
-23.3%
Aeris Resources
AIS
$0.355
-16.5%
+82.1%
Alkane Resources
ALK
$1.305
-20.2%
+93.3%
Arafura Rare Earths
ARU
$0.200
-21.6%
+11.1%
Austal
ASB
$3.41
-23.7%
-42.3%
Autosports
ASG
$1.595
-11.4%
-34.4%
Aurum Resources
AUE
$0.485
-18.5%
+4.3%
Black Cat Syndicate
BC8
$0.855
-19.0%
+4.9%
Bellevue Gold
BGL
$1.195
-22.4%
+32.0%
Bannerman Energy
BMN
$3.18
-9.7%
+11.6%
Chalice Mining
CHN
$1.065
-21.1%
-41.0%
Champion Iron
CIA
$3.96
-3.2%
-11.6%
Capricorn Metals
CMM
$11.75
-14.2%
+25.0%
Centuria Capital
CNI
$1.685
-22.8%
-3.7%
Coronado Global Resources
CRN
$0.175
-20.5%
+9.4%
Cettire
CTT
$0.180
-12.2%
-42.9%
Core Lithium
CXO
$0.240
-17.2%
+118.2%
Droneshield
DRO
$2.14
-21.9%
-44.6%
Dateline Resources
DTR
$0.130
-23.5%
+39.8%
Deep Yellow
DYL
$1.230
-28.5%
-33.2%
EBR Systems
EBR
$0.355
-6.6%
-69.2%
Elevra Lithium
ELV
$8.37
-30.1%
+193.7%
Emerald Resources
EMR
$4.97
-20.0%
+34.7%
Electro Optic Systems
EOS
$7.03
-24.7%
+142.4%
Fineos Corp.
FCL
$1.900
-5.5%
-28.3%
Firefly Metals
FFM
$1.655
-16.2%
+57.0%
Focus Minerals
FML
$1.515
-19.4%
+298.7%
Greatland Resources
GGP
$9.93
-30.2%
+46.5%
Galan Lithium
GLN
$0.290
-35.6%
+114.8%
HOT Chili
HCH
$1.460
-31.8%
+132.7%
Iluka Resources
ILU
$6.11
-19.5%
+25.2%
Imdex
IMD
$3.61
-15.3%
+37.3%
Immutep
IMM
$0.050
+2.0%
-79.2%
Ioneer
INR
$0.120
-11.1%
+14.3%
IPD
IPG
$4.87
-22.6%
+35.7%
Iperionx
IPX
$3.27
-27.3%
-24.1%
Kingsgate Consolidated
KCN
$3.92
-29.9%
+60.0%
Lake Resources
LKE
$0.040
-28.6%
+29.0%
Larvotto Resources
LRV
$1.020
-23.9%
+41.7%
Liontown
LTR
$1.330
-34.8%
+61.2%
Macquarie Technology
MAQ
$64.08
-16.5%
-4.7%
Meteoric Resources
MEI
$0.155
0%
+34.8%
Meeka Metals
MEK
$0.090
-21.7%
-35.7%
Metallium
MTM
$0.360
-24.2%
-41.9%
Nanosonics
NAN
$3.15
-2.2%
-18.6%
Newmont
NEM
$129.91
-15.5%
+48.1%
Nickel Industries
NIC
$0.850
-11.9%
+14.9%
Nova Minerals
NVA
$0.525
-27.1%
+61.5%
Nuix
NXL
$1.215
-8.3%
-46.5%
Ora Banda Mining
OBM
$1.000
-22.5%
+49.3%
Orthocell
OCC
$0.725
-5.8%
-41.5%
Predictive Discovery
PDI
$0.610
-36.5%
+40.2%
Paladin Energy
PDN
$8.42
-16.6%
+9.5%
PMET Resources
PMT
$0.435
-30.4%
+29.9%
Pantoro Gold
PNR
$1.915
-32.8%
-36.4%
Perseus Mining
PRU
$4.65
-16.1%
+29.5%
Peter Warren Automotive
PWR
$0.910
+1.7%
-38.9%
Ramelius Resources
RMS
$2.87
-10.9%
+15.3%
South32
S32
$3.90
-8.2%
+35.4%
St Barbara
SBM
$0.410
-32.8%
+41.4%
Siteminder
SDR
$3.46
-16.0%
-20.3%
St George Mining
SGQ
$0.078
-29.1%
+105.3%
Silex Systems
SLX
$4.50
-22.0%
+5.6%
Sun Silver
SS1
$0.825
-25.3%
+3.1%
Saturn Metals
STN
$0.420
-22.2%
+1.2%
Southern Cross Gold
SX2
$8.07
-18.2%
+30.8%
Web Travel
WEB
$2.44
-18.7%
-48.8%
Westgold Resources
WGX
$4.35
-16.3%
+55.9%
Webjet
WJL
$0.400
-9.1%
-55.8%
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: 4DMEDICAL (4DX), Audinate (AD8), Alkane Resources (ALK), Arafura Rare Earths (ARU), Austal (ASB), Black Cat Syndicate (BC8), Bellevue Gold (BGL), Chalice Mining (CHN), Droneshield (DRO), Deep Yellow (DYL), EBR Systems (EBR), Elevra Lithium (ELV), Emerald Resources (EMR), Electro Optic Systems (EOS), Greatland Resources (GGP), Galan Lithium (GLN), HOT Chili (HCH), Iluka Resources (ILU), Iperionx (IPX), Larvotto Resources (LRV), Liontown (LTR), Meeka Metals (MEK), Metallium (MTM), Newmont (NEM), Nickel Industries (NIC), Paladin Energy (PDN), Ramelius Resources (RMS), St Barbara (SBM), Silex Systems (SLX), Southern Cross Gold (SX2), Westgold Resources (WGX).

10 Randomly chosen Feature Downtrend Charts:

4DMEDICAL (ASX-4DX) Daily chart 17 July 2026 Arafura Rare Earths (ASX-ARU) Daily chart 17 July 2026 Chalice Mining (ASX-CHN) Daily chart 17 July 2026 Deep Yellow (ASX-DYL) Daily chart 17 July 2026 Droneshield (ASX-DRO) Daily chart 17 July 2026 Electro Optic Systems (ASX-EOS) Daily chart 17 July 2026 HOT Chili (ASX-HCH) Daily chart 17 July 2026 Iluka Resources (ASX-ILU) Daily chart 17 July 2026 Newmont (ASX-NEM) Daily chart 17 July 2026 Paladin Energy (ASX-PDN) Daily chart 17 July 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. 3. 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. 4. 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. 5. 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.

21/07/2026