TECHNICAL ANALYSIS

ChartWatch ASX Scans: Ampol, Viva Energy, Alkane Resources, Bapcor, BCI Minerals, New Murchison Gold, Nufarm, Zimplats

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

Lead Writer and Presenter
Wed 2 Sept 2026, 09:00 AEST (42m ago)
4 min read
ChartWatch ASX Scans: Ampol, Viva Energy, Alkane Resources, Bapcor, BCI Minerals, New Murchison Gold, Nufarm, Zimplats

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: Ampol (ALD), Alkane Resources (ALK), AMP (AMP), Bapcor (BAP), BCI Minerals (BCI), New Murchison Gold (NMG), Nufarm (NUF), Rox Resources (RXL), Tribeca Global Natural Resources (TGF), Viva Energy (VEA), Zimplats (ZIM).
  • Today’s most interesting downtrends: Australian Finance (AFG), Baby Bunting (BBN), Ebos (EBO), Generation Development (GDG), GQG Partners (GQG), Harvey Norman (HVN), Iress (IRE), MA Financial (MAF), Netwealth (NWL), Regal Partners (RPL), Weebit Nano (WBT).

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 technical model 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 %
Mkt Cap
29Metals
29M
$0.385
+45.3%
+24.4%
$673.8m
Ampol
ALD
$43.80
+9.7%
+49.0%
$10.4b
Alkane Resources
ALK
$1.940
+48.1%
+84.8%
$2.7b
AMP
AMP
$2.46
+16.0%
+43.9%
$6.0b
Ansell
ANN
$41.39
+24.3%
+22.0%
$5.8b
Bapcor
BAP
$0.780
+77.3%
-73.3%
$524.7m
BCI Minerals
BCI
$0.540
+24.1%
+58.8%
$1.6b
Barton Gold
BGD
$1.150
+59.7%
+38.6%
$311.7m
Brightstar Resources
BTR
$0.600
+69.0%
+48.1%
$662.2m
Cobre
CBE
$0.425
+60.4%
+701.9%
$519.0m
Credit Corp
CCP
$14.25
+3.6%
-13.6%
$970.0m
Capstone Copper
CSC
$16.42
+20.5%
+51.2%
$3.5b
Dyno Nobel
DNL
$3.87
+2.9%
+26.9%
$6.8b
BetaShares GLB Agriculture Comp ETF
FOOD
$8.38
+5.4%
+16.1%
$78.5m
BetaShares Global Energy Comp ETF
FUEL
$8.97
+6.2%
+36.7%
$269.2m
Galan Lithium
GLN
$0.415
+45.6%
+196.4%
$526.0m
Global X Artificial Intelligence ETF
GXAI
$16.79
+7.8%
+25.5%
$270.2m
MFF Capital Investments
MFF
$5.45
+4.6%
+15.5%
$3.2b
Motorcycle
MTO
$3.03
+18.8%
-17.0%
$223.8m
New Murchison Gold
NMG
$0.077
+57.1%
+285.0%
$837.4m
Nufarm
NUF
$3.30
+8.2%
+35.8%
$1.3b
Omega Oil & Gas
OMA
$0.700
+37.3%
+115.4%
$378.5m
Perseus Mining
PRU
$6.61
+36.6%
+74.9%
$8.8b
Resolute Mining
RSG
$1.450
+55.1%
+124.8%
$3.1b
Rox Resources
RXL
$0.610
+60.5%
+71.8%
$850.2m
South32
S32
$5.24
+14.4%
+92.6%
$23.5b
Stanmore Resources
SMR
$2.92
+26.4%
+56.6%
$2.6b
Tribeca Natural Resources
TGF
$2.94
+26.2%
+84.9%
$216.7m
Viva Energy
VEA
$3.04
+9.0%
+46.2%
$5.0b
West African Resources
WAF
$3.84
+33.3%
+43.3%
$4.4b
Web Travel
WEB
$3.88
+10.5%
-12.2%
$1.4b
Zimplats
ZIM
$17.90
+24.9%
+11.9%
$1.9b
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: Ampol (ALD), Alkane Resources (ALK), AMP (AMP), Bapcor (BAP), BCI Minerals (BCI), New Murchison Gold (NMG), Nufarm (NUF), Rox Resources (RXL), Tribeca Global Natural Resources (TGF), Viva Energy (VEA), Zimplats (ZIM).

Feature Uptrend Charts:

Alkane Resources (ASX-ALK) Daily chart 1 September 2026 AMP (ASX-AMP) Daily chart 1 September 2026 Ampol (ASX-ALD) Daily chart 1 September 2026 Bapcor (ASX-BAP) Daily chart 1 September 2026 BCI Minerals (ASX-BCI) Daily chart 1 September 2026 New Murchison Gold (ASX-NMG) Daily chart 1 September 2026 Nufarm (ASX-NUF) Daily chart 1 September 2026 Rox Resources (ASX-RXL) Daily chart 1 September 2026 Tribeca Global Natural Resources (ASX-TGF) Daily chart 1 September 2026 Viva Energy (ASX-VEA) Daily chart 1 September 2026 Zimplats (ASX-ZIM) Daily chart 1 September 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 %
Mkt Cap
Adairs
ADH
$1.375
-1.1%
-49.6%
$245.6m
Australian Finance
AFG
$1.435
-9.5%
-48.8%
$388.5m
Baby Bunting
BBN
$1.180
+8.8%
-56.3%
$161.5m
Bisalloy Steel
BIS
$4.27
-11.0%
-7.6%
$205.1m
Cromwell Property
CMW
$0.375
-13.8%
-15.7%
$982.1m
Ebos
EBO
$17.17
-5.6%
-41.4%
$3.6b
Generation Development
GDG
$3.06
-23.9%
-55.7%
$1.2b
Goodman Group
GMG
$27.47
-8.0%
-20.0%
$56.4b
GQG Partners
GQG
$1.260
-8.0%
-27.8%
$3.7b
Harvey Norman
HVN
$4.17
-15.2%
-39.5%
$5.2b
IDP Education
IEL
$1.730
-24.1%
-69.2%
$481.5m
Iress
IRE
$5.54
-19.7%
-36.5%
$1.0b
MA Financial
MAF
$5.72
+2.1%
-40.8%
$1.1b
Netwealth
NWL
$20.72
-7.6%
-39.9%
$5.1b
Nextdc
NXT
$13.23
-1.9%
-4.3%
$10.0b
Pinnacle Investment Management
PNI
$15.16
-8.2%
-29.4%
$3.7b
Regal Partners
RPL
$2.48
-10.8%
-7.8%
$972.8m
Storage King
SKG
$1.135
-12.4%
-20.1%
$1.5b
Weebit Nano
WBT
$3.61
-15.5%
+27.6%
$867.9m
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 Finance (AFG), Baby Bunting (BBN), Ebos (EBO), Generation Development (GDG), GQG Partners (GQG), Harvey Norman (HVN), Iress (IRE), MA Financial (MAF), Netwealth (NWL), Regal Partners (RPL), Weebit Nano (WBT).

Feature Downtrend Charts:

Australian Finance (ASX-AFG) Daily chart 1 September 2026 Baby Bunting (ASX-BBN) Daily chart 1 September 2026 Ebos (ASX-EBO) Daily chart 1 September 2026 Generation Development (ASX-GDG) Daily chart 1 September 2026 GQG Partners (ASX-GQG) Daily chart 1 September 2026 Harvey Norman (ASX-HVN) Daily chart 1 September 2026 Iress (ASX-IRE) Daily chart 1 September 2026 MA Financial (ASX-MAF) Daily chart 1 September 2026 Netwealth (ASX-NWL) Daily chart 1 September 2026 Regal Partners (ASX-RPL) Daily chart 1 September 2026 Weebit Nano (ASX-WBT) Daily chart 1 September 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.

02/09/2026