TECHNICAL ANALYSIS

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.

Lead Writer and Presenter
Tue 12 Aug 2025, 09:00 AEST
โˆ™5 min read
ChartWatch ASX Scans: BHP Group, Fortescue, Pilbara Minerals, Mineral Resources, Global X Battery Tech & Lithium ETF

Source: Shutterstock

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 ๐Ÿ”Ž๐Ÿ“ˆ

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:

Airtasker (ASX-ART) daily chart 11 August 2025 Argosy Minerals (ASX-AGY) daily chart 11 August 2025 Betashares Bitcoin ETF (ASX-QBTC) daily chart 11 August 2025 Betashares Ethereum ETF (ASX-QETH) daily chart 11 August 2025 Breville Group (ASX-BRG) daily chart 11 August 2025 Chrysos Corporation (ASX-C79) daily chart 11 August 2025 Elementos (ASX-ELT) daily chart 11 August 2025 Fortescue (ASX-FMG) daily chart 11 August 2025 Mineral Resources (ASX-MIN) daily chart 11 August 2025 Pilbara Minerals (ASX-PLS) daily chart 11 August 2025

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 ๐Ÿ”Ž๐Ÿ“‰

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:

Findi (ASX-FND) daily chart 11 August 2025 Fleetpartners Group (ASX-FPR) daily chart 11 August 2025 Telix Pharmaceuticals (ASX-TLX) daily chart 11 August 2025 WEB Travel Group (ASX-WEB) daily chart 11 August 2025
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 Carlโ€™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 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!!!

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 โ€” having taught his distinctive price-action trend following methodology to two generations of investors.

04/06/2026