TECHNICAL ANALYSIS

ChartWatch ASX Scans: Alcoa, Chalice Mining, Champion Iron, Deep Yellow, Elevra Lithium, Liontown, WA1 Resources

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

Lead Writer and Presenter
Fri 31 July 2026, 09:00 AEST (2h ago)
4 min read
ChartWatch ASX Scans: Alcoa, Chalice Mining, Champion Iron, Deep Yellow, Elevra Lithium, Liontown, WA1 Resources

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: BetaShares Cloud Computing ETF (CLDD), Fleetwood (FWD), Janus Electric (JNS), Starpharma (SPL), Viva Energy (VEA).
  • Today’s most interesting downtrends: Alcoa (AAI), Arafura Rare Earths (ARU), Chalice Mining (CHN), Champion Iron (CIA), Core Lithium (CXO), Droneshield (DRO), Deep Yellow (DYL), Elevra Lithium (ELV), Electro Optic Systems (EOS), Iluka Resources (ILU).

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 has changed!


Uptrends Scan List 📈

Company
Code
Last Price
1mo %
1yr %
Bendigo and Adelaide Bank
BEN
$11.33
+9.9%
-6.9%
BetaShares Cloud Computing ETF
CLDD
$14.02
+9.4%
-0.8%
BetaShares Global Energy Comp ETF
FUEL
$8.47
+7.9%
+30.9%
Fleetwood
FWD
$2.31
+26.9%
-14.1%
BetaShares Video Games & Esports ETF
GAME
$15.20
+10.2%
-18.1%
iShares China Large-Cap ETF
IZZ
$52.01
+15.7%
-10.5%
Janus Electric
JNS
$0.290
+93.3%
+23.4%
National Australia Bank
NAB
$41.55
+12.3%
+8.8%
Nufarm
NUF
$2.96
+10.4%
+11.7%
Rio Tinto
RIO
$168.41
-1.4%
+44.0%
Star Entertainment
SGR
$0.135
+45.2%
+17.4%
Starpharma
SPL
$0.750
+8.4%
+701.9%
Viva Energy
VEA
$2.79
+35.4%
+25.1%
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 Cloud Computing ETF (CLDD), Fleetwood (FWD), Janus Electric (JNS), Starpharma (SPL), Viva Energy (VEA).

Feature Uptrend Charts:

BetaShares Cloud Computing ETF (ASX-CLDD) Daily chart 30 July 2026 Starpharma (ASX-SPL) Daily chart 30 July 2026 Janus Electric (ASX-JNS) Daily chart 30 July 2026 Fleetwood (ASX-FWD) Daily chart 30 July 2026 Viva Energy (ASX-VEA) Daily chart 30 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 %
Alpha HPA
A4N
$0.475
-28.0%
Alcoa
AAI
$61.40
-14.5%
Audinate
AD8
$1.860
-27.6%
Alkane Resources
ALK
$1.315
-0.4%
Arafura Rare Earths
ARU
$0.175
-30.0%
Aurum Resources
AUE
$0.440
-13.7%
Antipa Minerals
AZY
$0.520
-11.1%
Baby Bunting
BBN
$1.030
-27.0%
Black Cat Syndicate
BC8
$0.850
-1.2%
Bellevue Gold
BGL
$1.205
+0.4%
Bannerman Energy
BMN
$2.87
-11.7%
Beetaloo Energy Australia
BTL
$0.215
-20.4%
Brightstar Resources
BTR
$0.310
+3.3%
Chalice Mining
CHN
$1.055
-7.5%
Champion Iron
CIA
$3.62
-8.1%
Centuria Capital
CNI
$1.480
-24.7%
Clinuvel Pharmaceuticals
CUV
$9.29
-10.8%
Core Lithium
CXO
$0.225
-11.8%
Droneshield
DRO
$1.770
-25.9%
Duratec
DUR
$2.05
-18.3%
Deep Yellow
DYL
$1.215
-16.2%
Elevra Lithium
ELV
$7.15
-25.8%
Electro Optic Systems
EOS
$6.10
-37.6%
EQT
EQT
$16.92
-1.8%
Evolution Mining
EVN
$11.06
-4.3%
Firefly Metals
FFM
$1.615
-9.0%
Forrestania Resources
FRS
$0.325
-29.3%
Greatland Resources
GGP
$9.80
-10.2%
GQG Partners
GQG
$1.360
-5.9%
HOT Chili
HCH
$1.390
-29.3%
Iluka Resources
ILU
$5.77
-18.0%
Ioneer
INR
$0.110
-31.3%
IPD
IPG
$4.70
-14.7%
Iperionx
IPX
$2.83
-34.5%
Kingsgate Consolidated
KCN
$3.75
-20.7%
Lifestyle Communities
LIC
$4.97
-6.9%
Lake Resources
LKE
$0.038
-19.1%
Lotus Resources
LOT
$0.255
-43.3%
Larvotto Resources
LRV
$1.085
-7.7%
Liontown
LTR
$0.985
-42.9%
MA Financial
MAF
$5.60
-7.0%
Meeka Metals
MEK
$0.091
-1.1%
Minerals 260
MI6
$0.590
-27.6%
Myer
MYR
$0.210
-32.3%
Newmont
NEM
$130.45
-1.2%
Navigator Global Investments
NGI
$2.30
-6.9%
Nexgen Energy
NXG
$12.59
-8.1%
Ora Banda Mining
OBM
$1.050
+2.9%
Peninsula Energy
PEN
$0.225
-38.4%
Pro Medicus
PME
$160.70
-20.8%
Polynovo
PNV
$0.845
-9.6%
Perenti
PRN
$2.06
-10.4%
Pexa
PXA
$7.25
-31.9%
Regis Resources
RRL
$5.91
-1.2%
Resolute Mining
RSG
$0.900
-2.7%
St Barbara
SBM
$0.435
-4.4%
St George Mining
SGQ
$0.074
-24.5%
Strickland Metals
STK
$0.080
-8.0%
Titomic
TTT
$0.160
-25.6%
Tivan
TVN
$0.250
-16.7%
WA1 Resources
WA1
$10.37
-12.1%
West African Resources
WAF
$2.70
+1.1%
Weebit Nano
WBT
$4.12
-48.7%
Westgold Resources
WGX
$4.57
-2.6%
Whitehaven Coal
WHC
$7.18
-4.0%
Zip
ZIP
$2.36
-25.1%
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: Alpha HPA (A4N), Alcoa (AAI), Arafura Rare Earths (ARU), Antipa Minerals (AZY), Baby Bunting (BBN), Bellevue Gold (BGL), Chalice Mining (CHN), Champion Iron (CIA), Core Lithium (CXO), Droneshield (DRO), Duratec (DUR), Deep Yellow (DYL), Elevra Lithium (ELV), Electro Optic Systems (EOS), Firefly Metals (FFM), Forrestania Resources (FRS), Greatland Resources (GGP), Iluka Resources (ILU), IPD (IPG), Iperionx (IPX), Kingsgate Consolidated (KCN), Liontown (LTR), MA Financial (MAF), Minerals 260 (MI6), Resolute Mining (RSG), WA1 Resources (WA1), West African Resources (WAF).

10 Randomly chosen Feature Downtrend Charts:

Alcoa (ASX-AAI) Daily chart 30 July 2026 Arafura Rare Earths (ASX-ARU) Daily chart 30 July 2026 Chalice Mining (ASX-CHN) Daily chart 30 July 2026 Champion Iron (ASX-CIA) Daily chart 30 July 2026 Droneshield (ASX-DRO) Daily chart 30 July 2026 Electro Optic Systems (ASX-EOS) Daily chart 30 July 2026 Elevra Lithium (ASX-ELV) Daily chart 30 July 2026 Forrestania Resources (ASX-FRS) Daily chart 30 July 2026 Iluka Resources (ASX-ILU) Daily chart 30 July 2026 WA1 Resources (ASX-WA1) Daily chart 30 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.

31/07/2026