TECHNICAL ANALYSIS

ChartWatch ASX Scans: BHP, Rio Tinto, Sandfire Resources, South32, Genesis Minerals, Northern Star Resources, Metals X

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

Lead Writer and Presenter
Fri 30 Jan 2026, 09:00 AEDT
4 min read
ChartWatch ASX Scans: BHP, Rio Tinto, Sandfire Resources, South32, Genesis Minerals, Northern Star Resources, Metals X

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting downtrends: Aristocrat (ALL), Brainchip (BRN), Bravura (BVS), Catapult (CAT), Commonwealth Bank (CBA), Computershare (CPU), Ebos (EBO), Ingenia (INA), Iress (IRE), Kelsian (KLS), Megaport (MP1), News Corp. (NWS), Seek (SEK).
  • Today’s most interesting uptrends: Appen (APX), Bellevue Gold (BGL), BHP (BHP), Capstone Copper (CSC), Deep Yellow (DYL), Genesis Minerals (GMD), Metals X (MLX), Northern Star (NST), Rio Tinto (RIO), South32 (S32), Sandfire Resources (SFR).

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
$0.860
+28.4%
+1382.8%
AIC Mines
A1M
$0.645
+12.2%
+95.5%
Ardiden
ADV
$0.440
+29.4%
+238.5%
Atomic Eagle (AEU)
AEU
$0.730
+139.3%
+21.7%
Alligator Energy
AGE
$0.055
+120.0%
+44.7%
Almonty Industries
AII
$16.80
+21.2%
+987.4%
Aeris Resources
AIS
$0.675
+14.4%
+297.1%
Alkane Resources
ALK
$1.670
+21.5%
+212.2%
Aurelia Metals
AMI
$0.345
+35.3%
+97.1%
Appen
APX
$1.410
+75.2%
-42.4%
Aurizon Holdings
AZJ
$3.70
+1.4%
+14.2%
Beacon Minerals
BCN
$4.37
+61.9%
+338.7%
Global X Commodity ETF
BCOM
$12.54
+4.8%
+10.3%
Bellevue Gold
BGL
$1.990
+17.1%
+101.0%
BHP Group
BHP
$51.51
+13.3%
+31.0%
Bisalloy Steel Group
BIS
$5.80
+19.1%
+63.7%
Black Bear Minerals
BKB
$1.095
+4.3%
+88.8%
Battery AGE Minerals
BM8
$0.170
+36.0%
+70.0%
Cobre
CBE
$0.185
+60.9%
+255.8%
Capstone Copper Corp.
CSC
$17.54
+13.0%
+88.6%
Caravel Minerals
CVV
$0.490
+69.0%
+145.0%
DPM Metals
DPM
$56.63
+17.8%
0%
Deep Yellow
DYL
$2.91
+54.8%
+100.0%
Elsight
ELS
$4.92
+50.9%
+1194.7%
EQ Resources
EQR
$0.195
+140.7%
+400.0%
Global X Physical Palladium
ETPMPD
$274.66
+11.3%
+98.4%
Global X Physical Platinum
ETPMPT
$361.21
+8.3%
+157.8%
Evolution Mining
EVN
$15.72
+20.9%
+182.7%
Firefly Metals
FFM
$2.28
+7.0%
+136.3%
Focus Minerals
FML
$4.43
+33.4%
+2009.5%
BetaShares Agriculture ETF
FOOD
$7.89
+8.2%
+19.7%
Galileo Mining
GAL
$0.300
+50.0%
+93.5%
Genesis Minerals
GMD
$8.42
+13.9%
+175.2%
Global X Physical Gold
GOLD
$71.90
+16.8%
+77.9%
HOT Chili
HCH
$2.01
+47.3%
+196.9%
Hillgrove Resources
HGO
$0.060
+22.4%
+7.1%
Javelin Minerals
JAV
$0.155
+109.5%
+42.9%
Lycopodium
LYL
$15.68
+14.5%
+40.4%
Mount Gibson Iron
MGX
$0.490
+11.4%
+48.5%
Minerals 260
MI6
$0.500
+14.9%
+257.1%
Manuka Resources
MKR
$0.220
+122.2%
+765.5%
Metals X
MLX
$1.410
+24.2%
+206.5%
Vaneck Australian Resources ETF
MVR
$48.43
+9.8%
+46.4%
Northern Star Resources
NST
$29.49
+10.0%
+71.8%
PC Gold
PC2
$0.600
+66.7%
0%
Predictive Discovery
PDI
$0.895
+17.8%
+231.5%
BetaShares Aust' Resources ETF
QRE
$9.89
+11.8%
+44.2%
Rio Tinto
RIO
$157.04
+7.0%
+32.7%
South32
S32
$4.68
+30.4%
+32.2%
Sandfire Resources
SFR
$21.31
+19.2%
+114.4%
BetaShares Aust. Small Co's ETF
SMLL
$5.05
+6.3%
+37.6%
Stanmore Resources
SMR
$3.03
+28.4%
+5.2%
Sunrise Energy Metals
SRL
$11.10
+49.8%
+3480.6%
Tungsten Mining
TGN
$0.310
+40.9%
+297.4%
Toro Energy
TOE
$0.625
+40.4%
+190.7%
Tivan
TVN
$0.375
+44.2%
+240.9%
Vault Minerals
VAU
$6.25
+15.1%
+163.4%
West African Resources
WAF
$3.91
+26.1%
+132.0%
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), Almonty Industries (AII), Appen (APX), Beacon Minerals (BCN), Bellevue Gold (BGL), BHP Group (BHP), Black Bear Minerals (BKB), Cobre (CBE), Capstone Copper Corp. (CSC), Deep Yellow (DYL), EQ Resources (EQR), Evolution Mining (EVN), Firefly Metals (FFM), Focus Minerals (FML), Genesis Minerals (GMD), Javelin Minerals (JAV), Lycopodium (LYL), Metals X (MLX), Northern Star Resources (NST), PC Gold (PC2), BetaShares Australian Resources Sector ETF (QRE), Rio Tinto (RIO), South32 (S32), Sandfire Resources (SFR), Sunrise Energy Metals (SRL), Tungsten Mining (TGN), Toro Energy (TOE), Tivan (TVN).

10 Randomly chosen Feature Uptrend Charts:

Bellevue Gold (ASX-BGL) Daily chart 29 January 2026 BHP Group (ASX-BHP) Daily chart 29 January 2026 Black Bear Minerals (ASX-BKB) Daily chart 29 January 2026 Capstone Copper Corp. (ASX-CSC) Daily chart 29 January 2026 Deep Yellow (ASX-DYL) Daily chart 29 January 2026 Focus Minerals (ASX-FML) Daily chart 29 January 2026 Metals X (ASX-MLX) Daily chart 29 January 2026 Rio Tinto (ASX-RIO) Daily chart 29 January 2026 Sandfire Resources (ASX-SFR) Daily chart 29 January 2026 South32 (ASX-S32) Daily chart 29 January 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 %
Australian Ethical
AEF
$4.60
-8.5%
-8.9%
Aristocrat Leisure
ALL
$54.43
-5.3%
-21.1%
Botanix Pharma
BOT
$0.110
-8.3%
-75.3%
Brainchip Holdings
BRN
$0.155
-11.4%
-59.7%
Bravura Solutions
BVS
$2.09
-19.6%
+1.9%
Brambles
BXB
$22.31
-1.8%
+14.8%
Catapult Sports
CAT
$3.47
-16.8%
-3.6%
Commonwealth Bank
CBA
$148.66
-7.4%
-6.3%
Charter Hall Long Wale Reit
CLW
$3.89
-6.5%
+2.1%
Centuria Capital Group
CNI
$1.890
-7.8%
+3.6%
Centuria Office Reit
COF
$1.065
-6.6%
-7.4%
Computershare
CPU
$33.18
-3.0%
-3.9%
Charter Hall Retail Reit
CQR
$3.87
-6.1%
+22.9%
Ebos Group
EBO
$21.70
-8.6%
-35.5%
EVT
EVT
$12.34
-2.6%
+6.8%
Hansen Technologies
HSN
$5.07
-4.2%
-3.2%
Ingenia Communities
INA
$4.80
-7.2%
-13.0%
Iress
IRE
$8.21
-2.1%
-12.9%
Kelsian Group
KLS
$3.90
-9.1%
+8.6%
Kelly Partners
KPG
$7.20
-12.4%
-34.2%
Megaport
MP1
$11.95
-3.9%
+41.1%
Monash IVF
MVF
$0.705
-3.4%
-40.8%
Mayne Pharma Group
MYX
$2.80
-11.4%
-36.9%
Novonix
NVX
$0.390
-10.3%
-32.2%
News Corp.
NWS
$43.39
-2.5%
-12.9%
OFX Group
OFX
$0.460
-6.1%
-65.8%
Pinnacle Investment
PNI
$17.01
+0.1%
-33.6%
Race Oncology
RAC
$2.22
-17.8%
+77.6%
Resmed Inc
RMD
$36.40
+0.1%
-7.7%
Reliance Worldwide
RWC
$3.78
-1.3%
-28.9%
Siteminder
SDR
$5.21
-16.1%
-11.4%
Seek
SEK
$21.55
-7.2%
-1.6%
Stockland
SGP
$5.31
-8.8%
+5.6%
Telix Pharma
TLX
$11.08
-5.9%
-59.8%
Technology One
TNE
$25.86
-6.9%
-12.5%
Temple & Webster
TPW
$12.30
-8.9%
-12.3%
Tyro Payments
TYR
$0.935
-7.9%
+16.9%
Viva Energy Group
VEA
$1.875
-9.0%
-31.3%
Wisetech Global
WTC
$59.43
-12.7%
-51.5%
Xero
XRO
$94.90
-15.7%
-44.8%
Zip Co.
ZIP
$2.76
-16.9%
-13.5%
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: Australian Ethical Investment (AEF), Aristocrat Leisure (ALL), Brainchip Holdings (BRN), Bravura Solutions (BVS), Catapult Sports (CAT), Commonwealth Bank of Australia (CBA), Computershare (CPU), Ebos Group (EBO), Hansen Technologies (HSN), Ingenia Communities Group (INA), Iress (IRE), Kelsian Group (KLS), Megaport (MP1), News Corp. Class B (NWS), OFX Group (OFX), Seek (SEK).

10 Randomly chosen Feature Downtrend Charts:

Aristocrat Leisure (ASX-ALL) Daily chart 29 January 2026 Bravura Solutions (ASX-BVS) Daily chart 29 January 2026 Catapult Sports (ASX-CAT) Daily chart 29 January 2026 Commonwealth Bank of Australia (ASX-CBA) Daily chart 29 January 2026 Computershare (ASX-CPU) Daily chart 29 January 2026 Ingenia Communities Group (ASX-INA) Daily chart 29 January 2026 Kelsian Group (ASX-KLS) Daily chart 29 January 2026 Megaport (ASX-MP1) Daily chart 29 January 2026 News Corp. Class B (ASX-NWS) Daily chart 29 January 2026 Seek (ASX-SEK) Daily chart 29 January 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.

22/06/2026