TECHNICAL ANALYSIS

ChartWatch ASX Scans: Champion Iron, Fortescue, Goodman Group, Metals X, Mastermyne, Weebit Nano, Webjet

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

Lead Writer and Presenter
Wed 16 Sept 2026, 09:00 AEST (2h ago)
4 min read
ChartWatch ASX Scans: Champion Iron, Fortescue, Goodman Group, Metals X, Mastermyne, Weebit Nano, Webjet

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: CSL (CSL), BetaShares Global Cybersecurity ETF (HACK), The Koala Company (KOA), Metals X (MLX), Mastermyne (MYE).
  • Today’s most interesting downtrends: Atlas Arteria (ALX), ASX (ASX), Champion Iron (CIA), Fortescue (FMG), Goodman (GMG), GQG Partners (GQG), HOT Chili (HCH), Iperionx (IPX), Lendlease (LLC), Nextdc (NXT), SGH (SGH), Weebit Nano (WBT), 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 technical model 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 has changed!


Uptrends Scan List 📈

Company
Code
Last Price
1mo %
1yr %
Mkt Cap
CSL
CSL
$174.26
+29.5%
-16.1%
$83.6b
BetaShares Cybersecurity ETF
HACK
$17.88
+0.4%
+18.4%
$1.6b
Healius
HLS
$0.455
0%
-42.0%
$330.4m
The Koala Company
KOA
$4.45
+32.8%
0%
$403.5m
Metals X
MLX
$1.965
+4.5%
+204.7%
$1.7b
Mount Ridley Mines
MRD
$0.048
+54.8%
+1271.4%
$66.7m
Mastermyne
MYE
$0.720
+33.3%
+380.0%
$222.4m
Nufarm
NUF
$3.22
+9.2%
+40.0%
$1.2b
Ramsay Health Care
RHC
$53.57
+19.5%
+59.6%
$12.4b
Vanadium Resources
VR8
$0.065
+400.0%
+97.0%
$43.5m
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: CSL (CSL), BetaShares Global Cybersecurity ETF (HACK), The Koala Company (KOA), Metals X (MLX), Mastermyne (MYE).

Feature Uptrend Charts:

BetaShares Global Cybersecurity ETF (ASX-HACK) Daily chart 15 September 2026 CSL (ASX-CSL) Daily chart 15 September 2026 Mastermyne (ASX-MYE) Daily chart 15 September 2026 Metals X (ASX-MLX) Daily chart 15 September 2026 The Koala Company (ASX-KOA) Daily chart 15 September 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 %
Mkt Cap
Amaero
3DA
$0.220
+4.8%
-41.3%
$209.7m
Alpha HPA
A4N
$0.505
-5.6%
-40.9%
$733.2m
Alcoa
AAI
$66.04
-8.0%
+34.8%
$2.7b
Adairs
ADH
$1.260
-11.0%
-50.6%
$225.1m
Alurion Resources
ALU
$0.535
-30.5%
0%
$109.5m
Atlas Arteria
ALX
$4.38
-9.7%
-16.9%
$6.4b
Arafura Rare Earths
ARU
$0.170
-20.9%
-2.9%
$1.0b
ASX
ASX
$53.27
-7.5%
-12.2%
$10.4b
Bisalloy Steel
BIS
$4.12
-14.9%
-21.7%
$199.0m
Brazilian Rare Earths
BRE
$3.38
-28.5%
+29.8%
$933.4m
Car
CAR
$23.90
-19.2%
-37.6%
$9.1b
Chalice Mining
CHN
$1.155
-16.0%
-31.7%
$450.6m
Champion Iron
CIA
$3.12
-9.6%
-30.7%
$1.7b
CH Infrastructure Reit
CQE
$2.35
-4.9%
-30.5%
$872.1m
Cedar Woods Properties
CWP
$6.50
-7.1%
-13.6%
$555.6m
Dimerix
DXB
$0.235
-20.3%
-49.5%
$141.1m
EBR Systems
EBR
$0.245
-14.0%
-76.2%
$65.6m
Elevra Lithium
ELV
$6.72
-26.7%
+135.8%
$1.3b
Flight Centre Travel
FLT
$10.87
-15.7%
-10.1%
$2.2b
Fortescue
FMG
$16.22
-8.6%
-13.7%
$49.9b
Generation Development
GDG
$2.95
-22.4%
-56.4%
$1.2b
Goodman Group
GMG
$26.04
-11.9%
-24.2%
$53.5b
Genusplus
GNP
$8.22
-15.0%
+56.0%
$1.7b
GQG Partners
GQG
$1.080
-25.5%
-35.9%
$3.2b
HOT Chili
HCH
$1.435
-14.3%
+77.2%
$291.2m
Helloworld Travel
HLO
$1.415
-8.7%
-14.5%
$231.6m
Humm
HUM
$0.400
-1.2%
-38.9%
$202.0m
Infratil
IFT
$10.93
-12.3%
-2.8%
$11.0b
Imdex
IMD
$3.26
-11.7%
-2.4%
$1.7b
Iperionx
IPX
$2.50
-29.4%
-62.7%
$905.6m
Kelsian
KLS
$4.01
-14.5%
-19.3%
$1.1b
Kina Securities
KSL
$1.075
-11.2%
-15.0%
$316.4m
Lendlease
LLC
$2.64
-8.0%
-51.6%
$1.8b
Larvotto Resources
LRV
$1.010
-14.8%
+50.7%
$524.7m
Liontown
LTR
$1.040
-20.0%
+30.8%
$3.3b
Lynas Rare Earths
LYC
$13.83
-16.8%
-4.0%
$13.9b
MA Financial
MAF
$5.05
-16.8%
-47.0%
$1.0b
Macquarie Technology
MAQ
$50.78
-20.2%
-17.7%
$1.3b
Magellan Financial
MFG
$8.40
-21.8%
-18.7%
$2.5b
Mineral Resources
MIN
$54.32
-19.2%
+45.0%
$10.8b
Nextdc
NXT
$11.24
-24.1%
-33.2%
$8.5b
Premier Investments
PMV
$11.15
-6.5%
-48.3%
$1.8b
Pinnacle Investment
PNI
$13.65
-25.5%
-26.7%
$3.3b
Qualitas
QAL
$2.52
-23.4%
-27.6%
$759.6m
Rivco Australia
RIV
$1.170
-14.0%
-20.7%
$185.0m
Seek
SEK
$12.43
-17.6%
-55.6%
$4.4b
SGH
SGH
$36.26
-13.3%
-25.3%
$14.7b
Superloop
SLC
$2.69
-14.9%
-11.8%
$1.4b
Sun Silver
SS1
$0.940
-19.0%
+5.6%
$174.4m
Transurban
TCL
$13.44
-4.5%
-7.3%
$41.9b
WA1 Resources
WA1
$9.67
-24.1%
-44.7%
$718.9m
Weebit Nano
WBT
$3.02
-32.3%
+20.8%
$727.0m
Wildcat Resources
WC8
$0.335
-21.2%
+81.1%
$472.4m
Webjet
WJL
$0.315
-22.2%
-65.2%
$123.6m
Xero
XRO
$67.44
-17.9%
-58.4%
$11.5b
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: Alurion Resources (ALU), Atlas Arteria (ALX), ASX (ASX), Bisalloy Steel (BIS), Champion Iron (CIA), Fortescue (FMG), Goodman Group (GMG), GQG Partners (GQG), HOT Chili (HCH), Infratil (IFT), Iperionx (IPX), Lendlease (LLC), Larvotto Resources (LRV), Nextdc (NXT), SGH (SGH), Weebit Nano (WBT), Webjet (WJL).

10 Randomly chosen Feature Downtrend Charts:

Alurion Resources (ASX-ALU) Daily chart 15 September 2026 Atlas Arteria (ASX-ALX) Daily chart 15 September 2026 Champion Iron (ASX-CIA) Daily chart 15 September 2026 Fortescue (ASX-FMG) Daily chart 15 September 2026 Goodman Group (ASX-GMG) Daily chart 15 September 2026 GQG Partners (ASX-GQG) Daily chart 15 September 2026 HOT Chili (ASX-HCH) Daily chart 15 September 2026 Lendlease (ASX-LLC) Daily chart 15 September 2026 Nextdc (ASX-NXT) Daily chart 15 September 2026 Weebit Nano (ASX-WBT) Daily chart 15 September 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.

16/09/2026