ChartWatch ASX Scans: A2 Milk Co, BHP, JB Hi-Fi, Lynas Rare Earths, Qantas Airways, Telstra, Wesfarmers, Woolworths
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.
Source: Shutterstock
Mentioned
KEY POINTS
- Interesting uptrends in today's Scans: A2 Milk Co (A2M), Adriatic Metals (ADT), Black Canyon (BCA), Breville Group (BRG), Brambles (BXB), Bioxyne (BXN), Nick Scali (NCK), Origin Energy (ORG), Orica (ORI), Qantas (QAN), Resmed (RMD), Wesfarmers (WES).
- Interesting downtrends in today's Scans: Australian Clinical Labs (ACL), AGL Energy (AGL), Healius (HLS).
Just when you think things might be slowing down just a smidge 🤏, the Aussie stock market goes from sublime to supreme! 🏆
A new record for the ASX 200 on Thursday, of course, and the first close above 9,000 to boot. But there's also a record here in ChartWatch ASX Scans – the highest ever number of stocks in the Uptrends Scan List (119), and the greatest imbalance between it and a dwindling Downtrends Scan List (7), of a staggering 17 to 1.
FYI, the previous record was set on 18-Aug with 102 to 8 for a ratio of roughly 13:1. Quite simply: It has never been so good for Aussie stocks, and therefore it has never been so good for trend followers! 🥳
A couple of points here... The rising tide does, to a large extent, lift all of ships. So, there are likely a bunch of not very good stocks that are receiving a stay of execution from the Downtrends Scan List, just as much as there's probably a few that are being inflated into the Uptrends Scan Lists.
On the first item, it's a shame, because even in the strongest bull market it's nice to have a few shorts up your sleeve. They'll come in handy when things eventually turn sour (I know! Oh what a pessimist – but let's face it – at some point things always do! 😁).
On the second item, this is where trying to sort the wheat from the chaff and really narrowing down one's options to only the best of the best comes into its own. And that's the really tricky part 🤔.
My algorithmic scan narrows the list from about 2200 to that 119 – so that's 95% of ASX stock eliminated straight up. Then, I personally scrutinise each of the shortlist to make the Feature Uptrends List - today's contained 48. So, now we're down to the final 2-odd percent of possibilities. You're welcome 👍.
Unfortunately, there were so many incredible looking charts – so unanimously consistent with total demand-side control – that I couldn't narrow the Feature Uptrends List any further. Or is that fortunately? Probably. I know I'd rather be spoiled for choice (and benefiting from that rising tide) than not!
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.
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 | $0.555 | +122.0% | +20.7% |
BetaShares Australia 200 ETF | A200 | $150.76 | +3.5% | +13.2% |
The A2 Milk Company | A2M | $8.82 | +13.5% | +54.7% |
Adriatic Metals | ADT | $6.34 | +6.9% | +142.0% |
Australian Finance Group | AFG | $2.46 | +15.5% | +58.7% |
Argosy Minerals | AGY | $0.039 | +18.2% | -7.1% |
Ampol | ALD | $30.02 | +8.1% | -1.7% |
Alkane Resources | ALK | $0.925 | +34.1% | +112.6% |
Aristocrat Leisure | ALL | $72.07 | +6.8% | +32.5% |
ALS | ALQ | $19.16 | +6.4% | +22.8% |
Atlas Arteria | ALX | $5.50 | +6.6% | +6.8% |
ANZ Group | ANZ | $33.92 | +11.0% | +14.1% |
Amotiv | AOV | $9.69 | +10.6% | -9.5% |
APA Group | APA | $8.85 | +6.6% | +11.7% |
Eagers Automotive | APE | $22.58 | +20.5% | +113.8% |
Aspen Group | APZ | $4.32 | +12.5% | +100.9% |
Asara Resources | AS1 | $0.062 | +10.7% | +588.9% |
Autosports Group | ASG | $3.19 | +30.2% | +46.3% |
Ausgold | AUC | $0.730 | +22.7% | +105.6% |
Black Canyon | BCA | $0.420 | +52.7% | +265.2% |
Bendigo and Adelaide Bank | BEN | $13.05 | +5.7% | +5.5% |
BHP Group | BHP | $42.06 | +0.5% | +5.9% |
Benz Mining Corp. | BNZ | $1.250 | +127.3% | +941.7% |
Breville Group | BRG | $37.00 | +19.6% | +26.9% |
Brambles | BXB | $26.30 | +12.0% | +67.4% |
Bioxyne | BXN | $0.057 | +21.3% | +714.3% |
Cobram Estate Olives | CBO | $2.99 | +26.2% | +80.7% |
Codan | CDA | $26.20 | +29.1% | +104.8% |
Challenger Gold | CEL | $0.115 | +23.7% | +180.5% |
Vaneck FTSE China A50 ETF | CETF | $62.36 | +5.2% | +26.9% |
Challenger | CGF | $8.79 | +6.3% | +19.3% |
Charter Hall Social Infrastructure Reit | CQE | $3.40 | +15.6% | +27.8% |
Charter Hall Retail Reit | CQR | $4.26 | +10.6% | +21.0% |
Capstone Copper Corp. | CSC | $10.17 | +9.4% | -1.0% |
Cedar Woods Properties | CWP | $7.76 | +3.3% | +55.2% |
Downer EDI | DOW | $7.34 | +6.4% | +51.0% |
Data#3 | DTL | $8.09 | +5.8% | -6.1% |
Ishares Emerging Markets Ex China ETF | EMXC | $29.78 | +2.0% | +9.9% |
EZZ Life Science | EZZ | $2.72 | +20.9% | +35.7% |
BetaShares Australian Sustainability ETF | FAIR | $22.91 | +3.8% | +14.4% |
Falcon Metals | FAL | $0.795 | +12.0% | +194.4% |
Future Generation Australia | FGX | $1.330 | +7.7% | +13.2% |
Fiducian Group | FID | $12.65 | +8.3% | +47.1% |
Firetrail Aust Small Companies Fund ETF | FSML | $1.995 | +5.0% | 0% |
Vaneck Gold Miners ETF | GDX | $90.43 | +8.9% | +58.2% |
BetaShares Geared Australian Equity ETF | GEAR | $38.00 | +7.0% | +28.6% |
GR Engineering Services | GNG | $4.42 | +22.8% | +142.2% |
GPT Group | GPT | $5.55 | +9.3% | +16.6% |
Harvey Norman | HVN | $6.17 | +8.6% | +26.4% |
iShares S&P/ASX DIV ESG Screened ETF | IHD | $16.23 | +5.9% | +15.7% |
JB HI-FI | JBH | $120.00 | +12.9% | +58.2% |
Jupiter Mines | JMS | $0.240 | +6.7% | +14.3% |
Kingsgate Consolidated | KCN | $2.98 | +18.7% | +112.9% |
Kinatico | KYP | $0.280 | +9.8% | +194.7% |
Lynas Rare Earths | LYC | $14.61 | +44.1% | +131.9% |
Mader Group | MAD | $8.16 | +15.7% | +27.1% |
MA Financial Group | MAF | $9.42 | +18.3% | +117.6% |
Macmahon | MAH | $0.420 | +44.8% | +44.8% |
Metro Mining | MMI | $0.077 | +14.9% | +71.1% |
McMillan Shakespeare | MMS | $18.46 | +4.8% | +2.8% |
Metal Powder Works | MPW | $3.08 | +72.1% | -64.9% |
Motorcycle Holdings | MTO | $3.59 | +15.8% | +184.9% |
Metcash | MTS | $4.19 | +9.7% | +16.7% |
Vaneck Australian Property ETF | MVA | $27.05 | +8.2% | +18.7% |
Vaneck Australian Banks ETF | MVB | $43.35 | +6.9% | +17.9% |
Vaneck S&P/ASX Midcap ETF | MVE | $45.82 | +4.7% | +17.9% |
Vaneck Small Companies Masters ETF | MVS | $21.87 | +6.2% | +11.0% |
Vaneck Australian Equal Weight ETF | MVW | $40.77 | +3.5% | +12.8% |
Nick Scali | NCK | $23.49 | +24.9% | +56.6% |
Newmont Corporation | NEM | $107.07 | +14.3% | +43.0% |
Navigator Global Investments | NGI | $2.22 | +23.3% | +25.1% |
NRW | NWH | $3.62 | +12.4% | +17.5% |
Objective Corporation | OCL | $22.90 | +22.9% | +78.1% |
Origin Energy | ORG | $13.07 | +8.6% | +32.0% |
Orica | ORI | $21.89 | +1.9% | +18.8% |
SPDR S&P/ASX 200 Resources ETF | OZR | $12.92 | +2.3% | +10.4% |
Plenti Group | PLT | $1.270 | +34.4% | +76.4% |
Platinum Capital | PMC | $1.520 | +8.6% | +5.6% |
Pepper Money | PPM | $2.10 | +9.7% | +58.5% |
Perenti | PRN | $2.07 | +15.3% | +102.9% |
Platinum Asset Management | PTM | $0.825 | +29.9% | +2.3% |
Peter Warren Automotive | PWR | $2.00 | +21.2% | +11.1% |
Qantas Airways | QAN | $11.54 | +5.9% | +93.0% |
BetaShares Australian Resources ETF | QRE | $7.49 | +2.7% | +11.8% |
Russell Investments High Dividend ETF | RDV | $35.88 | +6.3% | +14.5% |
Regal Asian Investments | RG8 | $2.16 | +6.4% | +8.3% |
Ridley Corporation | RIC | $3.16 | +11.3% | +42.0% |
Resmed Inc | RMD | $45.14 | +10.3% | +32.9% |
Ramelius Resources | RMS | $2.90 | +4.3% | +38.8% |
Resolute Mining | RSG | $0.725 | +8.2% | +15.1% |
Rox Resources | RXL | $0.345 | +7.8% | +165.4% |
Scentre Group | SCG | $4.01 | +6.6% | +17.6% |
Seek | SEK | $28.70 | +18.0% | +31.5% |
Ricegrowers | SGLLV | $15.23 | +38.6% | +82.8% |
Stockland | SGP | $6.34 | +15.7% | +36.1% |
Smartgroup Corporation | SIQ | $8.35 | +6.0% | -1.6% |
BetaShares Australian Small Co's Select ETF | SMLL | $4.05 | +7.4% | +10.1% |
Sunrise Energy Metals | SRL | $1.915 | +51.4% | +325.6% |
Shaver Shop Group | SSG | $1.530 | +11.3% | +28.0% |
SPDR S&P/ASX 200 Fund ETF | STW | $81.25 | +3.5% | +13.1% |
Transurban Group | TCL | $14.77 | +8.2% | +10.0% |
Tasmea | TEA | $4.21 | +26.0% | +179.9% |
The Lottery Corporation | TLC | $5.85 | +7.3% | +19.0% |
Telstra Group | TLS | $5.02 | +2.0% | +26.8% |
Tambourah Metals | TMB | $0.059 | +156.5% | -15.1% |
Unibail-Rodamco-Westfield | URW | $8.26 | +12.4% | +46.7% |
Vanguard Australian Shares Index ETF | VAS | $111.92 | +3.5% | +13.3% |
Vicinity Centres | VCX | $2.63 | +5.2% | +20.6% |
Vanguard Diversified High Growth ETF | VDHG | $72.96 | +2.8% | +12.2% |
Vanguard Ethically Conscious ETF | VETH | $73.69 | +4.4% | +16.2% |
Vanguard Australian High Yield ETF | VHY | $79.27 | +4.6% | +9.0% |
Vanguard MSCI Australian Large Co's ETF | VLC | $89.39 | +3.7% | +9.8% |
Ventia Services Group | VNT | $5.58 | +6.9% | +26.2% |
Vanguard MSCI Australian Small Co's ETF | VSO | $74.04 | +4.9% | +10.5% |
Westpac Banking Corporation | WBC | $38.73 | +17.0% | +27.4% |
Weebit Nano | WBT | $2.89 | +35.0% | +40.3% |
Wesfarmers | WES | $94.76 | +14.0% | +27.7% |
Woolworths Group | WOW | $33.61 | +7.6% | -2.6% |
XRF Scientific | XRF | $2.26 | +9.2% | +60.3% |
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: BetaShares Australia 200 ETF (ASX: A200), The A2 Milk Company (ASX: A2M), Adriatic Metals (ASX: ADT), ALS (ASX: ALQ), Eagers Automotive (ASX: APE), Aspen Group (ASX: APZ), Autosports Group (ASX: ASG), Black Canyon (ASX: BCA), Breville Group (ASX: BRG), Brambles (ASX: BXB), Bioxyne (ASX: BXN), Cobram Estate Olives (ASX: CBO), Challenger Gold (ASX: CEL), Vaneck FTSE China A50 ETF (ASX: CETF), Challenger (ASX: CGF), Cedar Woods Properties (ASX: CWP), EZZ Life Science (ASX: EZZ), Harvey Norman (ASX: HVN), Kingsgate Consolidated (ASX: KCN), MA Financial Group (ASX: MAF), Macmahon (ASX: MAH), Metro Mining (ASX: MMI), Metal Powder Works (ASX: MPW), Vaneck Australian Property ETF (ASX: MVA), Vaneck Small Companies Masters ETF (ASX: MVS), Nick Scali (ASX: NCK), Navigator Global Investments (ASX: NGI), Objective Corporation (ASX: OCL), Origin Energy (ASX: ORG), Orica (ASX: ORI), Platinum Capital (ASX: PMC), Pepper Money (ASX: PPM), Platinum Asset Management (ASX: PTM), Qantas Airways (ASX: QAN), Russell Investments High Dividend Australian Shares ETF (ASX: RDV), Ridley Corporation (ASX: RIC), Resmed Inc (ASX: RMD), Scentre Group (ASX: SCG), Ricegrowers (ASX: SGLLV), Stockland (ASX: SGP), Sunrise Energy Metals (ASX: SRL), Shaver Shop Group (ASX: SSG), Transurban Group (ASX: TCL), The Lottery Corporation (ASX: TLC), Ventia Services Group (ASX: VNT), Westpac Banking Corporation (ASX: WBC), Wesfarmers (ASX: WES), XRF Scientific (ASX: XRF).
10 Randomly chosen Feature Uptrend Charts:
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Australian Clinical Labs | ACL | $2.52 | -10.6% | -1.9% |
Audinate Group | AD8 | $5.05 | -18.3% | -55.4% |
AGL Energy | AGL | $8.54 | -13.4% | -28.7% |
Healius | HLS | $0.700 | -12.5% | -34.9% |
Sims | SGM | $14.07 | -14.7% | +27.4% |
Xero | XRO | $169.00 | -6.2% | +20.1% |
Yancoal Australia | YAL | $5.54 | -15.8% | -20.4% |
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: Australian Clinical Labs (ASX: ACL), AGL Energy (ASX: AGL), Healius (ASX: HLS).
Feature Downtrend charts:
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
%20daily%20chart%2021%20August%202025.png)
Important considerations when using the ChartWatch Daily ASX Scans:
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'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!!!
