TECHNICAL ANALYSIS

ChartWatch ASX Scans: BHP, Rio Tinto, PLS Group, Mineral Resources, PMET Resources, Wildcat Resources

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

Lead Writer and Presenter
Thu 7 May 2026, 09:00 AEST
โˆ™4 min read
ChartWatch ASX Scans: BHP, Rio Tinto, PLS Group, Mineral Resources, PMET Resources, Wildcat Resources

Source: Shutterstock

Mentioned

KEY POINTS

  • Todayโ€™s most interesting uptrends: Adisyn (AI1), ASX (ASX), BHP (BHP), Digico Infrastructure (DGT), Global X Hydrogen ETF (HGEN), Mineral Resources (MIN), PLS Group (PLS), PMET Resources (PMT), Rio Tinto (RIO), Wildcat Resources (WC8).
  • Todayโ€™s most interesting downtrends: ARB Corp. (ARB), Baby Bunting (BBN), EBR Systems (EBR), Fisher & Paykel Healthcare (FPH), Iress (IRE), Lendlease (LLC), Objective Corp. (OCL), Sonic Healthcare (SHL), Universal Store (UNI), Zimplats (ZIM).

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 ๐Ÿ“บ 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 โ€“ 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 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 ๐Ÿ“ˆ

Company
Code
Last Price
1mo %
1yr %
Global X Battery Tech & Lithium ETF
ACDC
$177.55
+19.4%
+114.3%
Adisyn
AI1
$0.275
+366.1%
+450.0%
AMP
AMP
$1.525
+20.6%
+22.0%
BetaShares Asia Tech Tigers ETF
ASIA
$19.66
+31.8%
+84.4%
ASX
ASX
$62.79
+18.9%
-11.1%
BetaShares Emerging Markets ETF
BEMG
$36.13
+11.4%
0%
BHP
BHP
$56.39
+6.6%
+49.4%
Bluescope Steel
BSL
$30.31
+12.0%
+33.1%
Vaneck Global Clean Energy ETF
CLNE
$9.76
+11.2%
+82.8%
Digico Infrastructure Reit
DGT
$2.95
+72.5%
+3.5%
Elevra Lithium
ELV
$13.52
+51.7%
+400.7%
iShares Emerging Markets Ex-China ETF
EMXC
$39.38
+14.7%
+47.4%
EVZ
EVZ
$0.510
+72.9%
+218.8%
Galan Lithium
GLN
$0.545
+39.7%
+445.0%
GR Engineering Services
GNG
$4.71
+18.0%
+64.1%
BetaShares Global Shares ETF
HGBL
$81.94
+8.3%
+25.7%
Global X Hydrogen ETF
HGEN
$12.13
+39.3%
+201.7%
Vaneck International Value ETF
HVLU
$42.22
+13.5%
+54.6%
iShares Asia 50 ETF
IAA
$186.35
+19.9%
+63.7%
iShares Emerging Markets ETF
IEM
$92.55
+11.3%
+31.7%
Infratil
IFT
$12.07
+26.7%
+16.8%
Imdex
IMD
$4.43
+15.1%
+53.3%
IPD
IPG
$5.93
+23.5%
+52.4%
Kingsgate Consolidated
KCN
$6.48
+44.0%
+260.0%
Macquarie Technology
MAQ
$73.42
+14.0%
+20.9%
Mineral Resources
MIN
$69.30
+27.2%
+234.3%
Midas Minerals
MM1
$0.975
+21.9%
+596.4%
Monadelphous
MND
$30.12
+6.2%
+89.4%
Macquarie
MQG
$240.56
+13.4%
+23.8%
NRW
NWH
$6.67
+20.0%
+144.3%
Platinum Asia ETF
PAXX
$6.50
+10.7%
+36.3%
PLS Group
PLS
$6.24
+20.2%
+321.6%
PMET Resources
PMT
$0.725
+59.3%
+184.3%
Rio Tinto
RIO
$174.60
+4.9%
+51.1%
Sims
SGM
$21.39
+16.0%
+44.7%
Sunrise Energy Metals
SRL
$13.17
+55.5%
+2893.2%
SC Electrical Engineering
SXE
$3.98
+38.7%
+115.7%
Tasmea
TEA
$5.73
+25.1%
+123.3%
Vanguard Asia Ex-Japan ETF
VAE
$107.00
+12.2%
+32.3%
Vaneck Intrnational Value ETF
VLUE
$37.85
+10.0%
+36.5%
Wildcat Resources
WC8
$0.655
+74.7%
+254.1%
Wagners Holding
WGN
$4.85
+16.3%
+158.0%
Winsome Resources
WR1
$0.535
+40.8%
+197.2%
Today's Uptrends Scan List

Feature Charts from today's Uptrends List ๐Ÿ”Ž

The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: Adisyn (AI1), BetaShares Asia Technology Tigers ETF (ASIA), ASX (ASX), BHP (BHP), Digico Infrastructure Reit (DGT), EVZ (EVZ), Galan Lithium (GLN), Global X Hydrogen ETF (HGEN), Vaneck MSCI International Value ETF (HVLU), Imdex (IMD), Mineral Resources (MIN), Midas Minerals (MM1), NRW (NWH), PLS Group (PLS), PMET Resources (PMT), Rio Tinto (RIO), Southern Cross Electrical Engineering (SXE), Tasmea (TEA), Wildcat Resources (WC8), Winsome Resources (WR1).

10 Randomly chosen Feature Uptrend Charts:

Adisyn (ASX-AI1) Daily chart 6 May 2026 BHP (ASX-BHP) Daily chart 6 May 2026 EVZ (ASX-EVZ) Daily chart 6 May 2026 Midas Minerals (ASX-MM1) Daily chart 6 May 2026 Mineral Resources (ASX-MIN) Daily chart 6 May 2026 NRW (ASX-NWH) Daily chart 6 May 2026 PLS Group (ASX-PLS) Daily chart 6 May 2026 PMET Resources (ASX-PMT) Daily chart 6 May 2026 Rio Tinto (ASX-RIO) Daily chart 6 May 2026 Wildcat Resources (ASX-WC8) Daily chart 6 May 2026

***NEW VIDEO DROPPED ๐Ÿ“บ***

ASX tech stocks flagging AGGRESSIVE buy signals, plus big banks, iron ore stocks, lithium & more!

ChartWatch *LIVE* Webinar

ChartWatch *LIVE* Webinars โ€“ 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 ๐Ÿ“‰

Company
Code
Last Price
1mo %
1yr %
Life360
360
$19.84
+2.5%
-11.4%
AMA
AMA
$0.530
+9.3%
-29.3%
ARB Corp.
ARB
$17.61
-13.5%
-43.2%
Autosports
ASG
$2.33
-4.9%
+13.7%
AUB
AUB
$24.51
+1.4%
-23.2%
Baby Bunting
BBN
$1.295
-4.8%
-27.7%
Beach Energy
BPT
$1.125
-13.5%
-2.6%
Chrysos Corp.
C79
$6.58
-5.1%
+67.0%
Dimerix
DXB
$0.200
-37.5%
-71.4%
EBR Systems
EBR
$0.565
-8.1%
-55.3%
F&P Healthcare
FPH
$29.15
-5.8%
-10.9%
Fleetwood
FWD
$1.640
-3.8%
-41.2%
Iress
IRE
$6.55
-4.8%
-20.1%
Kelly Partners
KPG
$4.33
-7.5%
-65.1%
Lindsay Australia
LAU
$0.595
-2.5%
-16.2%
Lendlease
LLC
$3.17
0%
-38.2%
Objective Corp.
OCL
$11.15
-2.5%
-30.3%
Resmed
RMD
$28.78
-11.3%
-22.5%
Steadfast
SDF
$4.13
-2.4%
-29.5%
Seek
SEK
$13.69
-3.3%
-34.6%
Sonic Healthcare
SHL
$18.93
-2.8%
-27.3%
Saluda Medical
SLD
$0.515
-37.2%
0%
Smart Parking
SPZ
$0.825
-21.8%
-4.6%
Universal Store
UNI
$6.83
-4.6%
-11.0%
Zimplats
ZIM
$15.50
-10.8%
+40.7%
Today's Downtrends Scan List

Feature Charts from today's Downtrends List ๐Ÿ”Ž

The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: ARB Corp. (ARB), Baby Bunting (BBN), Chrysos Corp. (C79), Dimerix (DXB), EBR Systems (EBR), Fisher & Paykel Healthcare (FPH), Iress (IRE), Lendlease (LLC), Objective Corp. (OCL), Sonic Healthcare (SHL), Universal Store (UNI), Zimplats (ZIM).

10 Randomly chosen Feature Downtrend Charts:

ARB Corp. (ASX-ARB) Daily chart 6 May 2026 Baby Bunting (ASX-BBN) Daily chart 6 May 2026 Chrysos Corp. (ASX-C79) Daily chart 6 May 2026 Dimerix (ASX-DXB) Daily chart 6 May 2026 EBR Systems (ASX-EBR) Daily chart 6 May 2026 Fisher & Paykel Healthcare (ASX-FPH) Daily chart 6 May 2026 Iress (ASX-IRE) Daily chart 6 May 2026 Lendlease (ASX-LLC) Daily chart 6 May 2026 Sonic Healthcare (ASX-SHL) Daily chart 6 May 2026 Universal Store (ASX-UNI) Daily chart 6 May 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 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. 5. 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.

26/06/2026