TECHNICAL ANALYSIS

ChartWatch ASX Scans: ANZ, BHP, Capstone Copper, Coles, Fortescue, QBE Insurance, Telix Pharmaceuticals

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

Lead Writer and Presenter
Fri 23 Oct 2026, 09:00 AEDT (5h ago)
∙4 min read
ChartWatch ASX Scans: ANZ, BHP, Capstone Copper, Coles, Fortescue, QBE Insurance, Telix Pharmaceuticals

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: ANZ (ANZ), ASX (ASX), Bapcor (BAP), Coles (COL), QBE Insurance (QBE), Suncorp (SUN).
  • Today’s most interesting downtrends: BHP (BHP), Capstone Copper (CSC), Clarity Pharmaceuticals (CU6), Deep Yellow (DYL), Elsight (ELS), Fortescue (FMG), Sims (SGM), Silex Systems (SLX), Starpharma (SPL), Telix Pharmaceuticals (TLX), Temple & Webster (TPW).

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
ANZ
ANZ
$39.69
+4.9%
+7.2%
$119.7b
ASX
ASX
$65.29
+13.2%
+12.3%
$12.9b
Avita Medical
AVH
$4.36
+37.1%
+240.6%
$9.4b
Bapcor
BAP
$0.880
+4.1%
-62.0%
$592.0m
Bank of Queensland
BOQ
$6.96
+6.3%
-0.5%
$4.6b
Coles
COL
$24.51
+7.1%
+6.1%
$32.9b
Computershare
CPU
$42.99
+4.9%
+15.6%
$24.9b
Fleetpartners
FPR
$5.14
+10.3%
+76.0%
$1.1b
Insurance Australia
IAG
$8.89
+12.8%
+13.2%
$20.8b
iShares Global Healthcare ETF
IXJ
$153.41
+6.5%
+8.9%
$1.6b
The Koala Company
KOA
$5.25
+18.5%
0%
$478.1m
Medibank Private
MPL
$4.93
+8.1%
+4.7%
$13.6b
Nuix
NXL
$1.890
+3.0%
-36.1%
$649.3m
Omega Oil & Gas
OMA
$0.795
-1.2%
+96.3%
$431.8m
Pro Medicus
PME
$193.42
+19.9%
-32.8%
$20.2b
QBE Insurance
QBE
$26.38
+14.6%
+30.5%
$39.4b
Smartgroup Corp.
SIQ
$12.25
+5.2%
+53.1%
$1.7b
Suncorp
SUN
$20.42
+7.2%
+4.7%
$21.6b
State Street Aus High Div Yield ETF
SYI
$32.84
+3.3%
+8.7%
$764.8m
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: ANZ (ANZ), ASX (ASX), Bapcor (BAP), Coles (COL), QBE Insurance (QBE), Suncorp (SUN).

Feature Uptrend Charts:

ANZ (ASX-ANZ) Daily chart 22 October 2026 ASX (ASX-ASX) Daily chart 22 October 2026 Bapcor (ASX-BAP) Daily chart 22 October 2026 Coles (ASX-COL) Daily chart 22 October 2026 QBE Insurance (ASX-QBE) Daily chart 22 October 2026 Suncorp (ASX-SUN) Daily chart 22 October 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
29Metals
29M
$0.280
-28.2%
-26.1%
$490.0m
Astral Resources
AAR
$0.130
-29.7%
-50.0%
$235.1m
Aurum Resources
AUE
$0.460
-17.9%
-33.3%
$235.6m
Bellevue Gold
BGL
$1.385
-15.5%
+4.5%
$2.1b
BHP
BHP
$57.13
-8.0%
+29.5%
$304.1b
Boab Metals
BML
$0.315
-28.4%
-25.9%
$182.3m
Brainchip
BRN
$0.110
-21.4%
-47.6%
$250.4m
Cobram Estate Olives
CBO
$2.61
-9.4%
-25.4%
$1.2b
Coronado Global Resources
CRN
$0.160
-23.8%
-50.0%
$154.6m
Capstone Copper
CSC
$11.66
-20.7%
-8.9%
$2.4b
Clarity Pharmaceuticals
CU6
$1.675
-20.6%
-65.4%
$624.9m
Catalyst Metals
CYL
$5.23
-15.1%
-30.3%
$1.4b
Dateline Resources
DTR
$0.077
+13.2%
-83.4%
$309.1m
Deep Yellow
DYL
$0.715
-47.0%
-62.0%
$696.7m
EBR Systems
EBR
$0.140
-47.2%
-88.7%
$37.5m
Elsight
ELS
$2.97
-39.1%
+120.8%
$661.1m
Energy One
EOL
$14.00
-5.3%
-23.5%
$444.5m
Evolution Mining
EVN
$11.84
-15.1%
+2.2%
$24.2b
Frontier Energy
FHE
$0.175
-20.5%
-35.2%
$194.7m
Fortescue
FMG
$14.57
-13.5%
-28.6%
$44.9b
Focus Minerals
FML
$1.725
-15.0%
-13.5%
$494.3m
Greatland Resources
GGP
$9.33
-16.5%
+11.3%
$6.3b
HOT Chili
HCH
$1.395
-16.7%
+38.1%
$283.0m
IGO
IGO
$5.15
-25.8%
-2.5%
$3.9b
Iperionx
IPX
$1.870
-36.2%
-75.9%
$677.4m
Kingsgate Consolidated
KCN
$4.28
-21.0%
+5.7%
$1.1b
L1
L1G
$1.090
-9.9%
+8.5%
$2.8b
MA Financial
MAF
$4.43
-7.9%
-51.8%
$883.3m
Meeka Metals
MEK
$0.077
-45.0%
-67.2%
$264.2m
Magellan Financial
MFG
$7.70
-7.7%
-25.6%
$2.3b
Mineral Resources
MIN
$44.25
-19.2%
+4.9%
$8.8b
Monadelphous
MND
$27.79
-12.4%
+21.9%
$2.8b
Maritana Minerals
MRT
$0.580
-20.0%
-55.0%
$216.5m
Metallium
MTM
$0.195
-48.7%
-81.9%
$147.3m
Mayne Pharma
MYX
$2.49
-14.1%
-59.8%
$203.9m
Nickel Industries
NIC
$0.670
-20.7%
-6.3%
$2.9b
NRW
NWH
$6.32
-22.2%
+29.2%
$2.9b
Orthocell
OCC
$0.525
-31.8%
-59.8%
$143.0m
PLS Group
PLS
$2.85
-31.8%
+1.4%
$9.2b
Polymetals Resources
POL
$0.545
-38.4%
-61.6%
$168.1m
Perpetual
PPT
$16.59
-2.6%
-16.3%
$1.9b
Regis Resources
RRL
$6.38
-19.8%
-2.1%
$4.8b
Sims
SGM
$20.16
-17.7%
+41.9%
$3.9b
St George Mining
SGQ
$0.056
-16.4%
-66.1%
$263.3m
Silex Systems
SLX
$3.39
-24.8%
-58.0%
$945.0m
Starpharma
SPL
$0.470
-40.9%
+85.6%
$225.5m
Saturn Metals
STN
$0.415
-21.7%
-28.4%
$312.2m
Sovereign Metals
SVM
$0.435
-10.3%
-42.0%
$285.3m
Southern Cross Gold
SX2
$9.92
-25.9%
+20.0%
$1.5b
SC Electrical Engineering
SXE
$3.79
-22.8%
+66.2%
$1.2b
Telix Pharmaceuticals
TLX
$13.66
-15.1%
-19.4%
$4.6b
Temple & Webster
TPW
$4.07
-7.7%
-82.5%
$474.3m
Titomic
TTT
$0.110
-18.5%
-58.5%
$196.6m
Tivan
TVN
$0.150
-23.1%
-14.3%
$352.1m
Unico Silver
USL
$0.585
-30.8%
-8.6%
$421.9m
Vysarn
VYS
$0.690
-15.9%
+16.9%
$415.2m
Wildcat Resources
WC8
$0.215
-32.8%
-4.4%
$342.8m
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: BHP (BHP), Cobram Estate Olives (CBO), Capstone Copper (CSC), Clarity Pharmaceuticals (CU6), Deep Yellow (DYL), Elsight (ELS), Fortescue (FMG), IGO (IGO), Iperionx (IPX), MA Financial (MAF), Magellan Financial (MFG), Orthocell (OCC), Sims (SGM), Silex Systems (SLX), Starpharma (SPL), Telix Pharmaceuticals (TLX), Temple & Webster (TPW).

10 Randomly chosen Feature Downtrend Charts:

BHP (ASX-BHP) Daily chart 22 October 2026 Capstone Copper (ASX-CSC) Daily chart 22 October 2026 Deep Yellow (ASX-DYL) Daily chart 22 October 2026 Elsight (ASX-ELS) Daily chart 22 October 2026 Fortescue (ASX-FMG) Daily chart 22 October 2026 IGO (ASX-IGO) Daily chart 22 October 2026 Magellan Financial (ASX-MFG) Daily chart 22 October 2026 Sims (ASX-SGM) Daily chart 22 October 2026 Starpharma (ASX-SPL) Daily chart 22 October 2026 Telix Pharmaceuticals (ASX-TLX) Daily chart 22 October 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.

23/10/2026