ChartWatch ASX Scans: BHP Group, Fortescue, Pilbara Minerals, Mineral Resources, Global X Battery Tech & Lithium ETF
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.

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Mentioned
KEY POINTS
- Interesting uptrends in today's Scans: Global X Battery Tech & Lithium ETF (ACDC), Argosy Minerals (AGY), Airtasker (ART), Breville Group (BRG), Mineral Resources (MIN), Pilbara Minerals (PLS), Betashares Bitcoin ETF (QBTC), Betashares Ethereum ETF (QETH).
- Interesting downtrends in today's Scans: Findi (FND), Fleetpartners Group (FPR), Telix Pharmaceuticals (TLX), WEB Travel Group (WEB).
As the Resources sector continues its transition from long term downtrend to long term uptrend, so too do many of its constituents. Today's Uptrends Scan List is chock-full of Resources turnaround setups, with a bunch of lithium, battery metals, and rare earth stocks swelling its ranks.
In this regard, I note the first EVER appearance of lithium stocks Pilbara Minerals (PLS) and Argosy Minerals (AGY). They join the Global X Battery Tech & Lithium ETF (ACDC), which joined the Uptrends Scan List a week ago. PLS appears to have finally shrugged off its +40 appearances in the Downtrends Scan List between ChartWatch ASX Scans' humble beginnings in June 2024 and June this year.
I note that several mining heavyweights are also in the Uptrends Scan List, including BHP Group (BHP), Fortescue (FMG), Mineral Resources (MIN), Lynas Rare Earths (LYC), and Deterra Royalties (DRR). Woodside Energy (WDS) and Whitehaven Coal (WHC) chip in from the Energy sector โ another resurgent area of the ASX.
It bodes well for the ASX 200 that these major Resources and Energy stocks are being joined by major banking stocks ANZ Group (ANZ) and Westpac Banking Corp (WBC). There are plenty of index points in the last two paragraphs... However, major financials are otherwise noticeably absent from the Uptrends Scan Lists โ which suggests there may be a major sector rotation underway.
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.
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 โ 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 โ they'll keep appearing. But note, there won't be any notifications when they don't โ so you'll have to do your own research on when a particular trend changes!
Uptrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
4DMEDICAL | 4DX | $0.480 | +104.3% | +6.7% |
African Gold | A1G | $0.250 | +16.3% | +900.0% |
Global X Battery Tech & Lithium ETF | ACDC | $103.40 | +10.9% | +35.5% |
Argosy Minerals | AGY | $0.037 | +37.0% | -2.6% |
Alkane Resources | ALK | $0.890 | +34.8% | +104.6% |
ALS | ALQ | $18.55 | +7.2% | +24.8% |
ANZ Group | ANZ | $31.24 | +3.0% | +14.2% |
APA Group | APA | $8.59 | +3.6% | +9.1% |
Archtis | AR9 | $0.210 | +16.7% | +165.8% |
Australian United Investment Company | AUI | $11.53 | +4.0% | +12.9% |
Artrya | AYA | $1.380 | +38.7% | +411.1% |
BHP Group | BHP | $40.87 | +3.8% | -0.4% |
Breville Group | BRG | $34.78 | +14.3% | +24.1% |
Bravura Solutions | BVS | $2.34 | +8.3% | +136.1% |
Chrysos Corporation | C79 | $5.48 | +9.4% | +16.1% |
Cash Converters International | CCV | $0.350 | +14.8% | +66.7% |
Challenger Gold | CEL | $0.115 | +45.6% | +155.6% |
Centuria Industrial Reit | CIP | $3.33 | +6.4% | +7.8% |
Charter Hall Long Wale Reit | CLW | $4.43 | +8.8% | +28.0% |
Vaneck China New Economy ETF | CNEW | $7.79 | +9.4% | +40.4% |
Capstone Copper Corp. | CSC | $10.17 | +15.3% | +3.8% |
Centaurus Metals | CTM | $0.450 | +28.6% | +16.9% |
Dalrymple Bay Infrastructure/Notes | DBI | $4.90 | +8.2% | +61.7% |
Deterra Royalties | DRR | $4.45 | +9.3% | +17.4% |
Eclipse Metals | EPM | $0.030 | +87.5% | +316.7% |
Eroad | ERD | $1.900 | +52.6% | +52.6% |
Fortescue | FMG | $19.42 | +14.4% | +5.3% |
GBM Resources | GBZ | $0.033 | +73.7% | +175.0% |
BetaShares Geared Australian Equity Fund ETF | GEAR | $36.31 | +6.3% | +32.4% |
GR Engineering Services | GNG | $4.13 | +27.5% | +117.9% |
Genusplus Group | GNP | $4.64 | +8.4% | +115.8% |
GWA Group | GWA | $2.68 | +10.3% | +7.6% |
Hansen Technologies | HSN | $6.15 | +28.7% | +48.9% |
Intelligent Monitoring Group | IMB | $0.680 | +36.0% | +9.7% |
Imdex | IMD | $3.28 | +22.8% | +55.5% |
IPH | IPH | $5.42 | +6.7% | -7.4% |
Kingsgate Consolidated | KCN | $2.90 | +13.7% | +110.9% |
Locksley Resources | LKY | $0.230 | +223.9% | +666.7% |
Lynas Rare Earths | LYC | $12.96 | +34.0% | +117.8% |
Mineral Resources | MIN | $38.12 | +38.7% | -26.8% |
McMillan Shakespeare | MMS | $18.37 | +6.6% | +6.3% |
Megaport | MP1 | $15.19 | +17.8% | +48.3% |
Many Peaks Minerals | MPK | $0.880 | +21.4% | +340.0% |
Mystate | MYS | $4.45 | +3.2% | +19.6% |
NRW | NWH | $3.42 | +10.7% | +1.8% |
SPDR S&P/ASX 200 Resources Fund ETF | OZR | $12.71 | +6.7% | +6.9% |
Peak Rare Earths | PEK | $0.345 | +11.3% | +87.3% |
Piedmont Lithium | PLL | $0.145 | +38.1% | +11.5% |
Pilbara Minerals | PLS | $2.31 | +49.0% | -22.5% |
Perenti | PRN | $1.975 | +15.5% | +101.5% |
PWR Holdings | PWH | $8.42 | +11.7% | -23.1% |
Peter Warren Automotive | PWR | $1.835 | +29.2% | +2.8% |
Betashares Bitcoin ETF | QBTC | $36.65 | +4.1% | 0% |
Betashares Ethereum ETF | QETH | $46.06 | +44.0% | 0% |
Qoria | QOR | $0.670 | +61.4% | +109.4% |
Resolute Mining | RSG | $0.700 | +6.1% | +15.7% |
Torque Metals. | TOR | $0.300 | +100.0% | +130.8% |
Ventia Services Group | VNT | $5.30 | +3.5% | +27.4% |
Victory Metals | VTM | $1.670 | +85.6% | +430.2% |
WA1 Resources | WA1 | $19.00 | +16.3% | +46.4% |
Westpac Banking Corporation | WBC | $34.31 | +1.5% | +24.2% |
West Coast Silver | WCE | $0.185 | +125.6% | +125.6% |
Woodside Energy Group | WDS | $27.02 | +12.7% | +6.4% |
Whitehaven Coal | WHC | $7.04 | +14.7% | -6.4% |
Today's Uptrends Scan List
Feature Charts from today's Uptrends List ๐๐
The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: 4DMEDICAL (ASX: 4DX), African Gold (ASX: A1G), Global X Battery Tech & Lithium ETF (ASX: ACDC), Argosy Minerals (ASX: AGY), Alkane Resources (ASX: ALK), Airtasker (ASX: ART), Artrya (ASX: AYA), Breville Group (ASX: BRG), Chrysos Corporation (ASX: C79), Challenger Gold (ASX: CEL), Charter Hall Long Wale Reit (ASX: CLW), Vaneck China New Economy ETF (ASX: CNEW), Deterra Royalties (ASX: DRR), Elementos (ASX: ELT), Eclipse Metals (ASX: EPM), Eroad (ASX: ERD), Fortescue (ASX: FMG), GR Engineering Services (ASX: GNG), Genusplus Group (ASX: GNP), Intelligent Monitoring Group (ASX: IMB), Kingsgate Consolidated (ASX: KCN), Locksley Resources (ASX: LKY), Lynas Rare Earths (ASX: LYC), Mineral Resources (ASX: MIN), McMillan Shakespeare (ASX: MMS), Many Peaks Minerals (ASX: MPK), NRW (ASX: NWH), Pilbara Minerals (ASX: PLS), Betashares Bitcoin ETF (ASX: QBTC), Betashares Ethereum ETF (ASX: QETH), Victory Metals (ASX: VTM), West Coast Silver (ASX: WCE).
10 Randomly chosen Feature Uptrend Charts:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Accent Group | AX1 | $1.490 | -1.3% | -29.0% |
Brainchip | BRN | $0.200 | 0% | +11.1% |
Brightstar Resources | BTR | $0.420 | -7.7% | -1.2% |
Coast Entertainment | CEH | $0.355 | -6.6% | -26.0% |
Carnarvon Energy | CVN | $0.105 | -8.7% | -32.3% |
Domino's Pizza Enterprises | DMP | $18.68 | +2.4% | -38.8% |
Findi | FND | $3.65 | -3.9% | -5.4% |
Fleetpartners Group | FPR | $2.67 | -16.6% | -17.6% |
Gentrack Group | GTK | $9.02 | -20.0% | -1.1% |
Ora Banda Mining | OBM | $0.675 | +2.3% | +66.7% |
The Star Entertainment Group | SGR | $0.089 | -28.8% | -81.3% |
Strike Energy | STX | $0.120 | -22.6% | -40.0% |
Telix Pharmaceuticals | TLX | $16.89 | -29.9% | -4.7% |
Treasury Wine Estates | TWE | $7.61 | -5.1% | -35.3% |
WEB Travel Group | WEB | $4.26 | -11.3% | -44.0% |
Today's Downtrends Scan List
Feature Charts from today's Downtrends List ๐๐
The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: Findi (ASX: FND), Fleetpartners Group (ASX: FPR), Telix Pharmaceuticals (ASX: TLX), WEB Travel Group (ASX: WEB).
Feature Downtrend charts:
Important considerations when using the ChartWatch Daily ASX Scans:
1. 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 close of trading today. 2. These lists are not exhaustive, they are 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 Carlโs 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 โ 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 โ so always do your own research!!!

