TECHNICAL ANALYSIS

ChartWatch ASX Scans: BHP, Technology One, HOT Chili, Bluescope Steel, Brainchip, Lovisa, Global X AI Infrastructure ETF

Your daily dose of the most actionable uptrends and downtrends on the ASX based on expert technical analysis.

Lead Writer and Presenter
Thu 4 June 2026, 09:00 AEST
4 min read
ChartWatch ASX Scans: BHP, Technology One, HOT Chili, Bluescope Steel, Brainchip, Lovisa, Global X AI Infrastructure ETF

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: Global X AI Infrastructure ETF (AINF), BHP (BHP), Brainchip (BRN), Bluescope (BSL), Cobre (CBE), EVZ (EVZ), HOT Chili (HCH), SRG Global (SRG), SRJ Technologies (SRJ), Tasmea (TEA), Technology One (TNE), Vysarn (VYS).
  • Today’s most interesting downtrends: AMA (AMA), Bank of Queensland (BOQ), EQT (EQT), GQG Partners (GQG), IDP Education (IEL), Lovisa (LOV), Perpetual (PPT), Stockland (SGP), Telix Pharmaceuticals (TLX), Webjet (WJL).

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 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 – 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 %
Alcoa
AAI
$116.85
+33.4%
+184.5%
Aussie Broadband
ABB
$5.72
+9.4%
+40.2%
Global X Battery Tech & Lithium ETF
ACDC
$182.70
+4.9%
+116.1%
Global X AI Infrastructure ETF
AINF
$19.69
+7.7%
+75.5%
BetaShares Asia Tech Tigers ETF
ASIA
$23.49
+25.7%
+117.9%
Aurizon
AZJ
$4.28
+2.6%
+45.1%
BHP
BHP
$64.91
+18.6%
+71.8%
Brainchip
BRN
$0.200
+25.0%
-7.0%
Bluescope Steel
BSL
$33.33
+12.8%
+44.9%
Cobre
CBE
$0.350
+75.0%
+714.0%
Cuscal
CCL
$4.87
+3.8%
+65.6%
BetaShares Sustainability Leaders ETF
ETHI
$16.28
+6.1%
+4.2%
EVZ
EVZ
$0.700
+64.7%
+366.7%
HOT Chili
HCH
$2.08
+20.9%
+317.8%
Global X Hydrogen ETF
HGEN
$12.80
+9.9%
+186.4%
BetaShares Japan ETF
HJPN
$32.23
+11.0%
+59.4%
Vaneck International Value ETF
HVLU
$47.87
+17.9%
+68.2%
iShares Asia 50 ETF
IAA
$214.70
+19.0%
+87.5%
iShares MSCI Japan ETF
IJP
$131.96
+7.2%
+15.1%
iShares MSCI South Korea ETF
IKO
$315.00
+30.5%
+222.4%
IPD
IPG
$6.17
+6.9%
+100.3%
IPH
IPH
$3.89
+4.3%
-20.1%
iShares S&P 500 ETF
IVV
$70.78
+5.3%
+16.7%
iShares World Ex-Aus ESG ETF
IWLD
$69.22
+4.5%
+13.1%
Kogan.Com
KGN
$4.16
+18.5%
+5.3%
Global X Ultra Long Nasdaq-100 ETF
LNAS
$19.30
+24.8%
+97.5%
Munro Global Growth ETF
MAET
$7.12
+8.4%
+3.6%
Munro Global Growth ETF
MCGG
$17.07
+8.0%
+7.3%
McMillan Shakespeare
MMS
$18.57
+11.3%
+18.8%
Vaneck Aus Resources ETF
MVR
$50.94
+7.2%
+54.6%
Mayfield
MYG
$3.22
+36.4%
+208.1%
New Hope Corp.
NHC
$6.04
+9.6%
+63.7%
State Street ASX Resources ETF
OZR
$19.05
+10.4%
+61.4%
BetaShares Aus Resources ETF
QRE
$10.91
+9.9%
+60.4%
Global X Robotics & Automation ETF
ROBO
$111.78
+11.9%
+48.1%
Global X Semiconductor ETF
SEMI
$43.17
+30.0%
+164.8%
Stanmore Resources
SMR
$2.86
+23.8%
+50.5%
SRG Global
SRG
$3.75
+26.7%
+149.2%
SRJ Technologies
SRJ
$0.020
+81.8%
-33.3%
Transurban
TCL
$15.04
+5.2%
+5.5%
Tasmea
TEA
$8.19
+47.8%
+185.0%
Global X Global Technology ETF
TECH
$123.80
+30.3%
+13.4%
Tribeca Global Resources
TGF
$2.85
+10.0%
+102.1%
Technology One
TNE
$32.98
+17.1%
-19.5%
Vanguard Diversified High Growth ETF
VDHG
$76.65
+3.9%
+11.5%
Vanguard Ethically Conscious Shares ETF
VESG
$117.91
+7.6%
+17.6%
Vanguard International Shares ETF
VGS
$157.66
+5.0%
+14.0%
Vysarn
VYS
$0.990
+25.3%
+135.7%
Global X Copper Miners ETF
WIRE
$26.58
+20.5%
+104.3%
BetaShares Energy Transition Metals ETF
XMET
$17.91
+11.7%
+139.1%
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: Global X AI Infrastructure ETF (AINF), BetaShares Asia Technology Tigers ETF (ASIA), BHP (BHP), Brainchip (BRN), Bluescope Steel (BSL), Cobre (CBE), EVZ (EVZ), HOT Chili (HCH), iShares Asia 50 ETF (IAA), Global X Global Robotics & Automation ETF (ROBO), SRG Global (SRG), SRJ Technologies (SRJ), Tasmea (TEA), Technology One (TNE), Vysarn (VYS).

10 Randomly chosen Feature Uptrend Charts:

BetaShares Asia Technology Tigers ETF (ASX-ASIA) Daily chart 3 June 2026 BHP (ASX-BHP) Daily chart 3 June 2026 Bluescope Steel (ASX-BSL) Daily chart 3 June 2026 Brainchip (ASX-BRN) Daily chart 3 June 2026 Cobre (ASX-CBE) Daily chart 3 June 2026 EVZ (ASX-EVZ) Daily chart 3 June 2026 Global X AI Infrastructure ETF (ASX-AINF) Daily chart 3 June 2026 Global X Global Robotics & Automation ETF (ASX-ROBO) Daily chart 3 June 2026 Technology One (ASX-TNE) Daily chart 3 June 2026 Vysarn (ASX-VYS) Daily chart 3 June 2026

***NEW VIDEO DROPPED 📺***

PME, TNE, WTC, XRO, is it finally time to buy ASX tech stocks? Plus, base metals prices are soaring while lithium is teetering ⚠️

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 %
Abacus
ABG
$0.945
-7.8%
-21.3%
AMA
AMA
$0.415
-22.4%
-57.7%
Arena Reit
ARF
$3.07
-7.0%
-18.6%
Abacus Storage King
ASK
$1.350
-4.6%
-11.8%
Beacon Lighting
BLX
$1.515
+1.0%
-57.7%
Boab Metals
BML
$0.375
+1.4%
+134.4%
Bank of Queensland
BOQ
$6.08
-4.1%
-22.4%
Centuria Industrial Reit
CIP
$2.89
-4.0%
-6.8%
Charter Hall Long Wale Reit
CLW
$3.35
-5.1%
-19.9%
Centuria Office Reit
COF
$0.880
-5.4%
-29.0%
Domino's Pizza Enterprises
DMP
$15.95
+1.0%
-28.3%
Droneshield
DRO
$3.07
-18.6%
+139.8%
Dexus Convenience Retail Reit
DXC
$2.52
-8.4%
-14.9%
Ebos
EBO
$15.83
-10.0%
-54.7%
EQT
EQT
$15.28
-20.7%
-52.3%
Focus Minerals
FML
$1.980
-12.0%
+382.9%
GQG Partners
GQG
$1.395
-15.2%
-33.3%
IDP Education
IEL
$2.16
-25.5%
-71.1%
Kelly Partners
KPG
$4.06
-6.0%
-62.3%
Lake Resources
LKE
$0.067
-26.4%
+116.1%
Lovisa
LOV
$20.91
-6.0%
-29.0%
Mystate
MYS
$4.34
-4.8%
+4.8%
Perpetual
PPT
$15.54
-6.7%
-12.6%
Qoria
QOR
$0.265
-8.6%
-36.1%
Stockland
SGP
$3.72
-10.8%
-31.9%
Sun Silver
SS1
$1.125
-7.0%
+77.2%
Silver Mines
SVL
$0.145
-9.4%
+45.0%
The Lottery Corp.
TLC
$5.16
-7.4%
+3.0%
Telix Pharmaceuticals
TLX
$12.20
-20.9%
-53.2%
TPG Telecom
TPG
$3.68
-12.4%
+0.3%
Temple & Webster
TPW
$4.81
-10.1%
-78.1%
Vulcan Steel
VSL
$5.00
-4.6%
-21.2%
Webjet
WJL
$0.365
-30.5%
-58.8%
West Wits Mining
WWI
$0.505
-3.8%
+68.3%
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: AMA (AMA), Bank of Queensland (BOQ), EQT (EQT), GQG Partners (GQG), IDP Education (IEL), Lovisa (LOV), Perpetual (PPT), Stockland (SGP), Telix Pharmaceuticals (TLX), Webjet (WJL).

Feature Downtrend Charts:

Bank of Queensland (ASX-BOQ) Daily chart 3 June 2026 EQT (ASX-EQT) Daily chart 3 June 2026 AMA (ASX-AMA) Daily chart 3 June 2026 IDP Education (ASX-IEL) Daily chart 3 June 2026 GQG Partners (ASX-GQG) Daily chart 3 June 2026 Lovisa (ASX-LOV) Daily chart 3 June 2026 Webjet (ASX-WJL) Daily chart 3 June 2026 Stockland (ASX-SGP) Daily chart 3 June 2026 Perpetual (ASX-PPT) Daily chart 3 June 2026 Telix Pharmaceuticals (ASX-TLX) Daily chart 3 June 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 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. 5. 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.

05/06/2026