TECHNICAL ANALYSIS

ChartWatch ASX Scans: ANZ, Westpac, Woodside Energy, BetaShares Crude Oil, BetaShares Global Defence ETF

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

Lead Writer and Presenter
Mon 23 Feb 2026, 09:00 AEDT
4 min read
ChartWatch ASX Scans: ANZ, Westpac, Woodside Energy, BetaShares Crude Oil, BetaShares Global Defence ETF

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: ANZ (ANZ), BetaShares Defence ETF (ARMR), Fortifai (FTI), Omega Oil & Gas (OMA), BetaShares Crude Oil ETF (OOO), Recharge Metals (REC), Sportshero (SHO), Sky Metals (SKY), Westpac (WBC), Woodside Energy (WDS).
  • Today’s most interesting downtrends: Audinate (AD8), Aristocrat (ALL), Alliance Aviation (AQZ), Accent (AX1), Digico Reit (DGT), Guzman Y Gomez (GYG), Healius (HLS), Megaport (MP1), Nuix (NXL), Plenti (PLT), Polynovo (PNV), XRF Scientific (XRF), Zip (ZIP).

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 %
African Gold
A1G
$0.920
+16.5%
+1195.8%
Ardiden
ADV
$0.460
+29.6%
+240.7%
AGL Energy
AGL
$10.60
+21.3%
0%
Almonty Industries
AII
$20.59
+49.7%
+523.9%
ALS
ALQ
$24.57
+2.2%
+45.4%
Amcor PLC
AMC
$70.80
+14.2%
-11.6%
ANZ Group
ANZ
$40.70
+12.5%
+33.0%
BetaShares Global Defence ETF
ARMR
$27.40
-3.4%
+49.9%
BPM Minerals
BPM
$0.315
+37.0%
+370.1%
Chrysos Corp.
C79
$8.76
+15.1%
+75.2%
Commonwealth Bank of Australia
CBA
$179.67
+22.0%
+10.5%
Caspin Resources
CPN
$0.160
+45.5%
+158.1%
Civmec
CVL
$1.735
+5.8%
+73.5%
Dimensional Global Value ETF
DGVA
$28.38
+1.3%
+14.4%
BetaShares Global Healthcare ETF
DRUG
$9.07
+2.8%
+9.4%
Global X Defence Tech ETF
DTEC
$19.53
-5.6%
+62.8%
Duratec
DUR
$2.33
+3.1%
+33.9%
iShares Emerging Ex-China ETF
EMXC
$36.18
+5.1%
+35.9%
Future Generation Australia
FGX
$1.430
+8.3%
+12.6%
BetaShares Agriculture ETF
FOOD
$8.56
+11.2%
+34.4%
Fortifai
FTI
$0.460
+55.9%
+1980.0%
BetaShares Global Energy ETF
FUEL
$8.00
+14.4%
+25.0%
Great Boulder Resources
GBR
$0.140
+33.3%
+122.2%
L1 Global Long Short Fund
GLS
$2.02
+12.8%
+47.9%
iShares South Korea ETF
IKO
$204.51
+17.0%
+120.6%
Munro Climate Change ETF
MCCL
$19.04
+6.5%
+6.9%
Midas Minerals
MM1
$1.000
+23.5%
+1076.5%
Mitchell Services
MSV
$0.580
+63.4%
+68.1%
Vaneck Aus Banks ETF
MVB
$46.87
+13.9%
+16.9%
NRW Holdings
NWH
$6.33
+20.3%
+81.4%
Omega Oil & Gas
OMA
$0.575
+23.7%
+51.3%
BetaShares Crude Oil ETF
OOO
$5.95
+12.5%
+5.3%
Paladin Energy
PDN
$13.95
+5.9%
+69.5%
Pexa Group
PXA
$14.65
+4.0%
+25.2%
BetaShares Aus Financials ETF
QFN
$18.98
+12.7%
+13.6%
Qube Holdings
QUB
$5.06
+5.0%
+23.1%
Recharge Metals
REC
$0.046
+119.0%
+53.3%
Ramsay Health Care
RHC
$38.62
+4.3%
+9.8%
Global X Semiconductor ETF
SEMI
$26.65
+2.7%
+49.9%
Sportshero
SHO
$0.105
+90.9%
+400.0%
Sky Metals
SKY
$0.185
+23.3%
+236.4%
Solstice Minerals
SLS
$1.180
+174.4%
+686.7%
SPDR Aus High Dividend ETF
SYI
$31.45
+8.9%
+5.7%
Trek Metals
TKM
$0.205
+133.0%
+659.3%
Vanguard Aus High Yield ETF
VHY
$84.09
+8.5%
+11.5%
Vanguard MSCI Aus Large Co's ETF
VLC
$92.11
+9.7%
+8.6%
Westpac Banking Corp.
WBC
$42.54
+11.6%
+31.7%
Woodside Energy Group
WDS
$27.43
+16.6%
+16.8%
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: Ardiden (ADV), ANZ Group (ANZ), BetaShares Global Defence ETF (ARMR), BPM Minerals (BPM), Civmec (CVL), Fortifai (FTI), Great Boulder Resources (GBR), iShares South Korea ETF (IKO), Mitchell Services (MSV), Omega Oil & Gas (OMA), BetaShares Crude Oil ETF (OOO), Recharge Metals (REC), Sportshero (SHO), Sky Metals (SKY), Westpac (WBC), Woodside Energy (WDS).

10 Randomly chosen Feature Uptrend Charts:

ANZ Group Holdings (ASX-ANZ) Daily chart 20 February 2026 BetaShares Crude Oil Index Currncy HDG Complex ETF (ASX-OOO) Daily chart 20 February 2026 BetaShares Global Defence ETF (ASX-ARMR) Daily chart 20 February 2026 Fortifai (ASX-FTI) Daily chart 20 February 2026 iShares MSCI South Korea ETF (ASX-IKO) Daily chart 20 February 2026 Omega Oil & Gas (ASX-OMA) Daily chart 20 February 2026 Recharge Metals (ASX-REC) Daily chart 20 February 2026 Sky Metals (ASX-SKY) Daily chart 20 February 2026 Westpac Banking Corp. (ASX-WBC) Daily chart 20 February 2026 Woodside Energy Group (ASX-WDS) Daily chart 20 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 %
Alpha HPA
A4N
$0.650
-29.0%
-27.8%
Audinate Group
AD8
$3.28
-19.2%
-68.5%
Aristocrat Leisure
ALL
$48.00
-13.8%
-38.3%
Alliance Aviation
AQZ
$0.755
-34.3%
-72.7%
Accent Group
AX1
$0.880
-3.8%
-58.9%
Beacon Lighting
BLX
$2.45
-8.2%
-29.0%
Champion Iron
CIA
$5.07
-21.2%
-15.9%
CH Social Infrastructure Reit
CQE
$2.86
-4.3%
-3.7%
Coronado Global Resources
CRN
$0.305
-29.1%
-51.2%
Digico Infrastructure Reit
DGT
$2.19
-18.3%
-55.5%
EBR Systems
EBR
$0.780
-21.6%
-53.0%
Fortescue
FMG
$20.04
-11.5%
+2.4%
Guzman Y Gomez
GYG
$17.53
-19.9%
-59.4%
Healius
HLS
$0.690
-26.6%
-35.2%
IDP Education
IEL
$4.97
-16.3%
-59.0%
Kogan.Com
KGN
$3.09
-19.1%
-33.3%
Lovisa Holdings
LOV
$26.21
-13.2%
-12.5%
Megaport
MP1
$9.65
-21.6%
+5.1%
Medibank Private
MPL
$4.47
-4.9%
+13.2%
Myer Holdings
MYR
$0.370
-19.6%
-56.0%
Nuix
NXL
$1.360
-21.4%
-73.4%
Plenti Group
PLT
$0.940
-24.8%
+8.7%
Polynovo
PNV
$0.920
-17.5%
-53.4%
XRF Scientific
XRF
$1.740
-18.7%
-13.9%
Xero
XRO
$77.54
-21.6%
-58.1%
Zip Co.
ZIP
$1.780
-38.2%
-29.9%
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: Audinate (AD8), Aristocrat Leisure (ALL), Alliance Aviation (AQZ), Accent (AX1), Digico Infrastructure Reit (DGT), Guzman Y Gomez (GYG), Healius (HLS), Megaport (MP1), Nuix (NXL), Plenti (PLT), Polynovo (PNV), XRF Scientific (XRF), Zip Co. (ZIP).

10 Randomly chosen Feature Downtrend Charts:

Alliance Aviation Services (ASX-AQZ) Daily chart 20 February 2026 Aristocrat Leisure (ASX-ALL) Daily chart 20 February 2026 Audinate Group (ASX-AD8) Daily chart 20 February 2026 Digico Infrastructure Reit (ASX-DGT) Daily chart 20 February 2026 Guzman Y Gomez (ASX-GYG) Daily chart 20 February 2026 Healius (ASX-HLS) Daily chart 20 February 2026 Megaport (ASX-MP1) Daily chart 20 February 2026 Nuix (ASX-NXL) Daily chart 20 February 2026 Polynovo (ASX-PNV) Daily chart 20 February 2026 Zip Co. (ASX-ZIP) Daily chart 20 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.

18/06/2026