TECHNICAL ANALYSIS

ChartWatch ASX Scans: Ampol, Emeco, Echoiq, GR Engineering, Seek, Star Entertainment

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

Lead Writer and Presenter
Wed 18 Feb 2026, 09:00 AEDT
3 min read
ChartWatch ASX Scans: Ampol, Emeco, Echoiq, GR Engineering, Seek, Star Entertainment

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: Emeco (EHL), Echoiq (EIQ), GR Engineering Services (GNG), Terra Metals (TM1), VBX (VBX).
  • Today’s most interesting downtrends: Ampol (ALD), Botanix Pharmaceuticals (BOT), Seek (SEK), Star Entertainment (SGR), Treasury Wine Estates (TWE), Webjet (WJL).

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 %
A2 Milk Company
A2M
$9.67
+2.9%
+66.7%
Asara Resources
AS1
$0.130
+30.0%
+348.3%
Aurizon Holdings
AZJ
$3.94
+9.1%
+23.9%
Duratec
DUR
$2.25
+6.1%
+27.5%
Emeco Holdings
EHL
$1.415
+3.7%
+45.1%
Echoiq
EIQ
$0.590
+68.6%
+114.5%
Fortifai
FTI
$0.335
+13.6%
+741.6%
Great Boulder Resources
GBR
$0.115
+17.3%
+109.1%
GR Engineering
GNG
$4.90
+16.9%
+67.2%
Terra Metals
TM1
$0.420
+133.3%
+1100.0%
VBX
VBX
$1.085
+92.0%
0%
Vysarn
VYS
$0.795
+11.2%
+71.0%
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: Emeco (EHL), Echoiq (EIQ), GR Engineering Services (GNG), Terra Metals (TM1), VBX (VBX).

Feature Uptrend Charts:

Echoiq (ASX-EIQ) Daily chart 17 February 2026 Emeco Holdings (ASX-EHL) Daily chart 17 February 2026 GR Engineering Services (ASX-GNG) Daily chart 17 February 2026 Terra Metals (ASX-TM1) Daily chart 17 February 2026 VBX (ASX-VBX) Daily chart 17 February 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 %
Ampol
ALD
$28.34
-3.3%
+2.1%
Botanix Pharmaceuticals
BOT
$0.066
-52.9%
-86.7%
Champion Iron
CIA
$5.02
-24.2%
-16.3%
Centuria Industrial Reit
CIP
$3.16
-5.1%
+10.5%
Charter Hall Long Wale Reit
CLW
$3.73
-7.4%
-3.4%
Findi
FND
$0.795
-47.9%
-85.2%
IPH
IPH
$3.38
-10.8%
-29.4%
Neuren Pharmaceuticals
NEU
$12.80
-35.1%
-1.9%
News Corp.
NWS
$36.76
-19.9%
-32.0%
Polymetals Resources
POL
$0.970
-18.5%
+10.2%
Qoria
QOR
$0.290
-45.3%
-40.2%
Reliance Worldwide Corp.
RWC
$3.50
-13.6%
-32.3%
Seek
SEK
$16.54
-27.6%
-31.1%
Stockland
SGP
$5.12
-6.6%
-0.6%
Star Entertainment
SGR
$0.115
-36.1%
-41.0%
Strike Energy
STX
$0.098
-14.8%
-52.2%
Treasury Wine Estates
TWE
$4.74
-13.7%
-56.8%
Webjet Group
WJL
$0.550
-35.3%
-29.0%
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: Ampol (ALD), Botanix Pharmaceuticals (BOT), Seek (SEK), Star Entertainment (SGR), Treasury Wine Estates (TWE), Webjet (WJL).

Feature Downtrend Charts:

Ampol (ASX-ALD) Daily chart 17 February 2026 Botanix Pharmaceuticals (ASX-BOT) Daily chart 17 February 2026 Seek (ASX-SEK) Daily chart 17 February 2026 The Star Entertainment Group (ASX-SGR) Daily chart 17 February 2026 Treasury Wine Estates (ASX-TWE) Daily chart 17 February 2026 Webjet Group (ASX-WJL) Daily chart 17 February 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.

20/07/2026