TECHNICAL ANALYSIS

ChartWatch ASX Scans: Brazilian Rare Earths, Iluka Resources, Lynas Rare Earths, WA1 Resources, Global X Battery & 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
Fri 3 Oct 2025, 10:01 AEST
7 min read
ChartWatch ASX Scans: Brazilian Rare Earths, Iluka Resources, Lynas Rare Earths, WA1 Resources, Global X Battery & Lithium ETF

Source: Shutterstock

Mentioned

KEY POINTS

  • Today's Scans Interesting Uptrends: Battery & Lithium ETF (ACDC), Develop Global (DVP), Deep Yellow (DYL), Energy One (EOL), Lynas Rare Earths (LYC), Monadelphous (MND), Northern Star (NST), Nuix (NXL), Sandfire Resources (SFR), Copper Miners ETF (WIRE).
  • Today’s Scans Interesting Downtrends: Alliance Aviation Services (AQZ), ASX (ASX), EQT (EQT), Gentrack (GTK), Healthco Healthcare and Wellness Reit (HCW), HMC Capital (HMC), Lindsay Australia (LAU), OOH!Media (OML), REA Group (REA).

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With the S&P/ASX 200 finally breaking its recent trading range between 8731-8893, there has been an influx of additions to the Uptrends Scan list – printing what I suspect is a record 128 constituents (I only began measuring the length of the list on August 1, but I'm pretty sure!). These are all opportunities I would personally add risk to.

I've narrowed that list to around 50 that I think are demonstrating exceptional trends – today's Feature Uptrends. I wish I could have narrowed them further for you, but each exemplifies demand-side control. It is not a bad thing to be spoilt for choice!

There are an increasing number of sectors represented, including critical minerals, precious metals, information technology, and biotechnology to name a few. It's encouraging to see a wide and diverse range of stocks appearing, because it indicates that risk seeking behaviour is alive and well on the Australian stock market.

It's this behaviour that we as trend followers require to create the demand we trust will continue to drive prices higher – hey, risk seekers are also likely to hold onto their rising stocks, too... and that means less supply. D > S = P ⬆️.

When will it end, I hear you ask? I don't know... because I can't tell the future!!! 🤷 But, thinking about how you might wish to manage risk on a stock by stock basis (or on anything for that matter), you should be watchful for the following technical signals:

  1. Long black candles and or candles with long upward pointing shadows = Excess supply = Supply-side growing more influential in price action ⚠️

  2. Lower peaks and or lower troughs = Supply reinforcement and demand removal respectively = Supply-side growing more influential in price action ⚠️

  3. The price closes below the short term uptrend ribbon = Demand-side is unable to or unwilling to buy the dip, generally 1 and 2 have occurred before this one! ⚠️


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 – 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 %
Life360
360
$53.80
+22.5%
+184.1%
African Gold
A1G
$0.455
+49.2%
+1009.8%
Astral Resources
AAR
$0.245
+36.1%
+133.3%
Global X Battery Lithium ETF
ACDC
$120.62
+16.8%
+46.2%
Acusensus
ACE
$1.300
+32.7%
+57.6%
Acrow
ACF
$1.125
+9.8%
+3.2%
Alkane Resources
ALK
$1.190
+1.3%
+164.4%
ALS
ALQ
$20.93
+14.5%
+46.1%
ANZ Group
ANZ
$33.93
+3.6%
+11.3%
BetaShares Asia Tech Tigers ETF
ASIA
$14.61
+16.9%
+52.8%
Aurum Resources
AUE
$0.710
+14.5%
+73.2%
Baby Bunting Group
BBN
$3.23
+12.9%
+78.9%
Bendigo and Adelaide Bank
BEN
$13.22
+7.2%
+13.5%
Ballard Mining
BM1
$0.695
+67.5%
0%
Bannerman Energy
BMN
$3.84
+23.1%
+20.4%
Brazilian Rare Earths
BRE
$4.19
+47.0%
+48.1%
Bravura Solutions
BVS
$3.35
+62.6%
+175.3%
Cobram Estate Olives
CBO
$3.36
+5.7%
+103.6%
Codan
CDA
$30.39
+2.0%
+88.5%
Challenger Gold
CEL
$0.160
+23.1%
+213.7%
Cogstate
CGS
$2.24
+32.2%
+112.3%
Collins Foods
CKF
$10.81
+2.6%
+23.7%
COG Financial Services
COG
$2.19
+15.9%
+130.5%
Clarity Pharmaceuticals
CU6
$4.20
+35.5%
-49.9%
Civmec
CVL
$1.440
+16.1%
+23.1%
Cedar Woods Properties
CWP
$7.72
+4.2%
+37.4%
Catalyst Metals
CYL
$8.36
+2.7%
+215.5%
Downer EDI
DOW
$7.55
+9.6%
+37.8%
Global X China Tech ETF
DRGN
$14.28
+15.1%
0%
Duratec
DUR
$2.22
+30.2%
+56.3%
Develop Global
DVP
$4.37
+15.3%
+82.1%
Deep Yellow
DYL
$2.08
+14.9%
+51.3%
Emyria
EMD
$0.069
+40.8%
+86.5%
Emerald Resources
EMR
$5.21
+31.2%
+31.2%
Encounter Resources
ENR
$0.425
+28.8%
-5.6%
Energy One
EOL
$18.50
+24.2%
+272.2%
Global X Euro Stoxx 50 ETF
ESTX
$109.86
+5.5%
+22.4%
Global X Physical Silver ETF
ETPMAG
$66.12
+13.9%
+56.2%
Evolution Mining
EVN
$11.15
+23.8%
+140.3%
Focus Minerals
FML
$1.620
+174.6%
+1100.0%
Firetrail Aust Small Co's ETF
FSML
$2.23
+7.7%
0%
Great Boulder Resources
GBR
$0.085
+28.8%
+73.5%
GBM Resources
GBZ
$0.067
+123.3%
+509.1%
Vaneck Gold Miners ETF
GDX
$117.27
+17.5%
+101.1%
BetaShares Geared Australian ETF
GEAR
$37.68
+5.4%
+17.1%
Golden Horse Minerals
GHM
$0.680
+44.7%
0%
Gladiator Resources
GLA
$0.036
+50.0%
+63.6%
Genesis Minerals
GMD
$6.14
+20.9%
+198.1%
Graincorp
GNC
$9.05
+7.1%
+0.9%
Global X Artificial Intelligence ETF
GXAI
$14.63
+11.0%
+38.8%
Haranga Resources
HAR
$0.130
+62.5%
+85.7%
HOT Chili
HCH
$0.995
+29.2%
+15.5%
Horizon Minerals
HRZ
$0.082
+46.4%
+67.3%
Harvey Norman
HVN
$7.56
+3.1%
+52.7%
iShares Asia 50 ETF
IAA
$144.72
+13.3%
+35.1%
iShares MSCI Emerging Markets ETF
IEM
$82.23
+7.2%
+21.7%
iShares Europe ETF
IEU
$99.55
+3.6%
+17.4%
iShares MSCI South Korea ETF
IKO
$129.27
+13.4%
+35.6%
Island Pharmaceuticals
ILA
$0.445
+93.5%
+477.9%
Iluka Resources
ILU
$6.77
+8.8%
-2.9%
iShares Core S&P/ASX 200 ETF
IOZ
$36.29
+2.7%
+7.9%
Iperionx
IPX
$7.95
+9.7%
+171.3%
iShares China Large-Cap ETF
IZZ
$63.09
+7.0%
+30.4%
JB HI-FI
JBH
$118.26
+4.3%
+49.2%
Kairos Minerals
KAI
$0.038
+65.2%
+204.0%
Lindian Resources
LIN
$0.310
+29.2%
+195.2%
Lord Resources
LRD
$0.052
+108.0%
-5.9%
Larvotto Resources
LRV
$0.860
+22.9%
+142.3%
L1 Long Short Fund
LSF
$3.46
+9.8%
+10.5%
Lynas Rare Earths
LYC
$17.51
+22.4%
+125.6%
MFF Capital Investments
MFF
$4.86
+3.6%
+26.6%
Mineral Resources
MIN
$41.24
+13.5%
-20.8%
Metals X
MLX
$0.795
+27.2%
+74.7%
Monadelphous Group
MND
$23.00
+12.4%
+78.2%
BetaShares Global Gold Miners ETF
MNRS
$13.84
+20.3%
+104.4%
Macquarie Core Australian ETF
MQAE
$12.26
+2.9%
+11.5%
Mesoblast
MSB
$2.54
+30.9%
+133.0%
Vaneck Australian Banks ETF
MVB
$43.75
+4.6%
+15.4%
Vaneck Australian Resources ETF
MVR
$40.03
+6.8%
+14.6%
Newmont Corporation
NEM
$130.72
+14.0%
+67.8%
Neuren Pharmaceuticals
NEU
$20.75
+9.2%
+37.1%
Northern Star Resources
NST
$24.83
+24.4%
+55.5%
Nuix
NXL
$3.19
+30.2%
-51.4%
Ora Banda Mining
OBM
$1.285
+36.7%
+105.6%
SPDR ASX 200 Resources ETF
OZR
$13.89
+5.7%
+4.9%
Platinum Asia Fund ETF
PAXX
$5.86
+8.5%
+26.6%
Paladin Energy
PDN
$8.65
+7.9%
-26.3%
Pilbara Minerals
PLS
$2.48
+8.8%
-24.2%
Plenti Group
PLT
$1.550
+27.0%
+119.9%
Peter Warren Automotive
PWR
$2.04
+10.9%
+22.2%
Qoria
QOR
$0.815
+40.5%
+98.8%
BetaShares Aus Resources ETF
QRE
$8.04
+5.5%
+5.1%
Race Oncology
RAC
$4.53
+227.1%
+153.8%
BetaShares Global Robotics & AI ETF
RBTZ
$15.31
+7.1%
+14.2%
Ramelius Resources
RMS
$4.06
+19.1%
+84.5%
Regal Partners
RPL
$3.28
+24.2%
-9.1%
Resolute Mining
RSG
$1.075
+53.6%
+38.7%
Rox Resources
RXL
$0.530
+32.5%
+307.7%
Robex Resources
RXR
$4.23
+5.8%
0%
St Barbara
SBM
$0.590
+49.4%
+84.4%
Siteminder
SDR
$7.54
+12.7%
+19.3%
Global X Semiconductor ETF
SEMI
$20.94
+18.6%
+30.5%
Sandfire Resources
SFR
$14.85
+21.6%
+37.0%
Ricegrowers
SGLLV
$17.94
+17.4%
+99.3%
St George Mining
SGQ
$0.120
+130.8%
+313.8%
Sunshine Metals
SHN
$0.023
+21.1%
+76.9%
SKS Technologies Group
SKS
$4.08
+41.7%
+164.9%
Silex Systems
SLX
$6.96
+78.0%
+66.1%
BetaShares Australian Small Co's ETF
SMLL
$4.53
+7.6%
+19.5%
Starpharma
SPL
$0.330
+200.0%
+230.0%
SRG Global
SRG
$2.03
+3.8%
+82.9%
Sunrise Energy Metals
SRL
$5.43
+230.1%
+1067.7%
Silver Mines
SVL
$0.220
+46.7%
+141.8%
Tribeca Global Natural Resources
TGF
$1.905
+25.7%
+12.1%
Trigg Minerals
TMG
$0.190
+102.1%
+1483.3%
Titomic
TTT
$0.335
+34.0%
+191.3%
Vanguard FTSE Asia Ex-Japan ETF
VAE
$94.88
+6.0%
+20.0%
Vault Minerals
VAU
$0.685
+20.2%
+110.8%
Vanguard MSCI Australian Small Co's ETF
VSO
$77.90
+5.6%
+11.4%
Vulcan Energy Resources
VUL
$5.85
+57.3%
+41.3%
WA1 Resources
WA1
$19.68
+10.6%
+31.5%
Westpac Banking Corporation
WBC
$39.19
+5.5%
+23.6%
Westgold Resources
WGX
$5.37
+47.1%
+101.1%
Global X Copper Miners ETF
WIRE
$18.51
+21.7%
+31.7%
WAM Microcap
WMI
$1.760
+6.7%
+14.3%
West Wits Mining
WWI
$0.049
+46.3%
+206.3%
Yandal Resources
YRL
$0.365
+102.8%
+217.4%
Zip Co.
ZIP
$4.64
+12.1%
+68.7%
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 Battery Tech & Lithium ETF (ASX: ACDC), ALS (ASX: ALQ), BetaShares Asia Technology Tigers ETF (ASX: ASIA), Baby Bunting Group (ASX: BBN), Ballard Mining (ASX: BM1), Brazilian Rare Earths (ASX: BRE), Bravura Solutions (ASX: BVS), Cogstate (ASX: CGS), Downer EDI (ASX: DOW), Global X China Tech ETF (ASX: DRGN), Duratec (ASX: DUR), Develop Global (ASX: DVP), Deep Yellow (ASX: DYL), Encounter Resources (ASX: ENR), Energy One (ASX: EOL), Focus Minerals (ASX: FML), GBM Resources (ASX: GBZ), Vaneck Gold Miners ETF (ASX: GDX), Gladiator Resources (ASX: GLA), Haranga Resources (ASX: HAR), Horizon Minerals (ASX: HRZ), Harvey Norman (ASX: HVN), iShares MSCI South Korea ETF (ASX: IKO), Iluka Resources (ASX: ILU), iShares China Large-Cap ETF (ASX: IZZ), Lindian Resources (ASX: LIN), Lord Resources (ASX: LRD), Lynas Rare Earths (ASX: LYC), Monadelphous Group (ASX: MND), Neuren Pharmaceuticals (ASX: NEU), Northern Star Resources (ASX: NST), Nuix (ASX: NXL), Ora Banda Mining (ASX: OBM), Platinum Asia Fund ETF (ASX: PAXX), Qoria (ASX: QOR), Race Oncology (ASX: RAC), Ramelius Resources (ASX: RMS), Regal Partners (ASX: RPL), Resolute Mining (ASX: RSG), Rox Resources (ASX: RXL), St Barbara (ASX: SBM), Siteminder (ASX: SDR), Global X Semiconductor ETF (ASX: SEMI), Sandfire Resources (ASX: SFR), BetaShares Australian Small Companies Select Fund ETF (ASX: SMLL), Starpharma (ASX: SPL), Sunrise Energy Metals (ASX: SRL), Titomic (ASX: TTT), WA1 Resources (ASX: WA1), Westgold Resources (ASX: WGX), Global X Copper Miners ETF (ASX: WIRE), WAM Microcap (ASX: WMI).

10 Randomly chosen Feature Uptrend Charts:

ALS (ASX-ALQ) daily chart 2 October 2025 Brazilian Rare Earths (ASX-BRE) daily chart 2 October 2025 Encounter Resources (ASX-ENR) daily chart 2 October 2025 Global X China Tech ETF (ASX-DRGN) daily chart 2 October 2025 Global X Copper Miners ETF (ASX-WIRE) daily chart 2 October 2025 Iluka Resources (ASX-ILU) daily chart 2 October 2025 Lynas Rare Earths (ASX-LYC) daily chart 2 October 2025 Sandfire Resources (ASX-SFR) daily chart 2 October 2025 Sunrise Energy Metals (ASX-SRL) daily chart 2 October 2025 WA1 Resources (ASX-WA1) daily chart 2 October 2025

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Alliance Aviation Services
AQZ
$2.12
-10.5%
-31.6%
ASX
ASX
$58.97
-3.7%
-7.8%
EQT
EQT
$23.64
-12.8%
-25.3%
Gentrack Group
GTK
$8.51
-5.1%
-18.9%
Healthco Healthcare and Wellness Reit
HCW
$0.695
-11.5%
-40.3%
HMC Capital
HMC
$3.13
-11.3%
-60.4%
Kogan.Com
KGN
$3.35
-13.4%
-34.8%
Lindsay Australia
LAU
$0.640
-3.0%
-29.7%
Lifestyle Communities
LIC
$5.40
+0.6%
-35.1%
Light & Wonder
LNW
$127.76
-4.3%
-3.7%
OOH!Media
OML
$1.445
-11.4%
+9.9%
REA Group
REA
$224.99
-5.7%
+11.9%
Reece
REH
$11.27
+8.8%
-60.5%
Xero
XRO
$158.21
+5.6%
+6.4%
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: Alliance Aviation Services (ASX: AQZ), ASX (ASX: ASX), EQT (ASX: EQT), Gentrack Group (ASX: GTK), Healthco Healthcare and Wellness Reit (ASX: HCW), HMC Capital (ASX: HMC), Lindsay Australia (ASX: LAU), OOH!Media (ASX: OML), REA Group (ASX: REA).

Feature Downtrend Charts:

Alliance Aviation Services (ASX-AQZ) daily chart 2 October 2025 ASX (ASX-ASX) daily chart 2 October 2025 EQT (ASX-EQT) daily chart 2 October 2025 Gentrack Group (ASX-GTK) daily chart 2 October 2025 Healthco Healthcare and Wellness Reit (ASX-HCW) daily chart 2 October 2025 HMC Capital (ASX-HMC) daily chart 2 October 2025 Lindsay Australia (ASX-LAU) daily chart 2 October 2025 OOH!Media (ASX-OML) daily chart 2 October 2025 REA Group (ASX-REA) daily chart 2 October 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 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.

05/06/2026