TECHNICAL ANALYSIS

ChartWatch ASX Scans: Commonwealth Bank of Australia, Telix Pharmaceuticals, Bannerman Energy, Sunrise Energy Metals

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

Lead Writer and Presenter
Wed 21 Jan 2026, 09:00 AEDT
โˆ™4 min read
ChartWatch ASX Scans: Commonwealth Bank of Australia, Telix Pharmaceuticals, Bannerman Energy, Sunrise Energy Metals

Source: Shutterstock

Mentioned

KEY POINTS

  • Todayโ€™s most interesting uptrends: African Gold (A1G), Alkane (ALK), Bannerman Energy (BMN), G50 Corp (G50), Lindian Resources (LIN), Minerals 260 (MI6), Sunrise Energy Metals (SRL), Titan Minerals (TTM), Viridis Mining (VMM), West African Resources (WAF).
  • Todayโ€™s most interesting downtrends: Commonwealth Bank of Australia (CBA), JB HI-FI (JBH), Kelly Partners (KPG), Pro Medicus (PME), Telix Pharmaceuticals (TLX), Temple & Webster (TPW).

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 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 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 %
African Gold
A1G
$0.730
+27.0%
+1137.3%
Alpha HPA
A4N
$0.915
+30.7%
+3.4%
Alkane Resources
ALK
$1.610
+34.2%
+209.6%
ALS
ALQ
$23.99
+11.1%
+53.9%
Eagers Automotive
APE
$27.78
+14.9%
+140.3%
Ausgold
AUC
$1.190
+5.8%
+173.6%
Aurum Resources
AUE
$0.750
+22.0%
+120.6%
Bellevue Gold
BGL
$1.780
+8.9%
+58.2%
Broken Hill Mines
BHM
$1.250
+22.0%
+461.2%
Bisalloy Steel Group
BIS
$5.78
+19.4%
+62.7%
Battery AGE Minerals
BM8
$0.155
+29.2%
+55.0%
BMC Minerals
BMC
$3.40
+38.8%
0%
Bannerman Energy
BMN
$4.03
+27.1%
+27.9%
Chalice Mining
CHN
$2.49
+33.5%
+108.4%
Caravel Minerals
CVV
$0.380
+35.7%
+90.0%
Cyprium Metals
CYM
$0.585
+53.9%
+127.1%
Droneshield
DRO
$4.74
+91.9%
+612.8%
Deep Yellow
DYL
$2.23
+24.2%
+71.5%
Elevate Uranium
EL8
$0.380
+52.0%
+40.7%
Elevra Lithium
ELV
$9.25
+36.8%
+156.9%
Emerald Resources
EMR
$7.03
+13.2%
+106.2%
Eastern Metals
EMS
$0.047
+370.0%
-26.6%
European Lithium
EUR
$0.300
+100.0%
+782.4%
G50 Corp
G50
$0.770
+33.9%
+352.9%
Galileo Mining
GAL
$0.280
+86.7%
+75.0%
GBM Resources
GBM
$0.041
+24.2%
+485.7%
Galan Lithium
GLN
$0.375
+44.2%
+200.0%
Genesis Minerals
GMD
$7.62
+11.1%
+166.4%
HOT Chili
HCH
$1.700
+39.3%
+127.6%
Imricor Medical Systems
IMR
$2.02
+38.4%
+70.5%
IPD Group
IPG
$4.53
+9.7%
+19.8%
Lindian Resources
LIN
$0.490
+30.7%
+438.5%
Minerals 260
MI6
$0.475
+26.7%
+265.4%
Mineral Resources
MIN
$60.17
+14.5%
+67.1%
Newmont Corp.
NEM
$172.27
+15.1%
+157.7%
Orica
ORI
$25.80
+5.6%
+53.2%
PC Gold
PC2
$0.450
+45.2%
0%
Plato Income Maximiser
PL8
$1.510
+5.2%
+19.8%
PLS Group
PLS
$4.74
+16.7%
+102.6%
Perseus Mining
PRU
$6.07
+8.8%
+119.9%
Power Holdings
PWH
$9.89
+34.9%
+26.1%
St George Mining
SGQ
$0.125
+38.9%
+400.0%
Sunrise Energy Metals
SRL
$9.78
+44.7%
+4061.7%
Saturn Metals
STN
$0.550
-3.5%
+205.6%
Titan Minerals
TTM
$1.135
+40.1%
+198.7%
Vault Minerals
VAU
$6.06
+12.4%
+152.0%
Viridis Mining and Minerals
VMM
$1.860
+78.0%
+447.1%
West African Resources
WAF
$3.64
+26.0%
+135.6%
Whitehaven Coal
WHC
$8.95
+14.9%
+44.4%
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: African Gold (A1G), Alkane Resources (ALK), Broken Hill Mines (BHM), Bannerman Energy (BMN), Emerald Resources (EMR), European Lithium (EUR), G50 Corp (G50), Galileo Mining (GAL), Lindian Resources (LIN), Minerals 260 (MI6), Sunrise Energy Metals (SRL), Titan Minerals (TTM), Viridis Mining and Minerals (VMM), West African Resources (WAF).

10 Randomly chosen Feature Uptrend Charts:

African Gold (ASX-A1G) Daily chart 20 January 2026 Bannerman Energy (ASX-BMN) Daily chart 20 January 2026 Broken Hill Mines (ASX-BHM) Daily chart 20 January 2026 European Lithium (ASX-EUR) Daily chart 20 January 2026 Galileo Mining (ASX-GAL) Daily chart 20 January 2026 Lindian Resources (ASX-LIN) Daily chart 20 January 2026 Minerals 260 (ASX-MI6) Daily chart 20 January 2026 Sunrise Energy Metals (ASX-SRL) Daily chart 20 January 2026 Titan Minerals (ASX-TTM) Daily chart 20 January 2026 West African Resources (ASX-WAF) Daily chart 20 January 2026

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 %
Australian Finance Group
AFG
$2.13
-3.2%
+37.0%
Aristocrat Leisure
ALL
$56.20
-1.1%
-21.1%
Beetaloo Energy Australia
BTL
$0.250
-3.8%
+13.6%
Brambles
BXB
$22.70
-0.7%
+20.2%
Commonwealth Bank of Australia
CBA
$150.48
-2.2%
-3.4%
Centuria Capital Group
CNI
$2.00
-6.1%
+7.2%
Coles Group
COL
$21.00
-2.8%
+10.8%
Gentrack Group
GTK
$7.00
-6.5%
-36.0%
JB HI-FI
JBH
$88.05
-3.7%
-5.7%
Kelly Partners Group Holdings
KPG
$7.13
-15.1%
-29.5%
Magellan Financial Group
MFG
$9.07
-3.7%
-16.4%
Motorcycle Holdings
MTO
$2.95
-5.4%
+56.3%
Orthocell
OCC
$0.990
-3.4%
-28.0%
Pro Medicus
PME
$186.55
-15.1%
-26.1%
Spark New Zealand
SPK
$1.955
-0.5%
-27.1%
Telix Pharmaceuticals
TLX
$11.49
-2.0%
-55.5%
Temple & Webster Group
TPW
$12.70
+1.6%
-1.3%
Wisetech Global
WTC
$63.52
-5.2%
-46.8%
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: Commonwealth Bank of Australia (CBA), JB HI-FI (JBH), Kelly Partners Group Holdings (KPG), Pro Medicus (PME), Telix Pharmaceuticals (TLX), Temple & Webster Group (TPW).

Feature Downtrend Charts:

Commonwealth Bank of Australia (ASX-CBA) Daily chart 20 January 2026 JB HI-FI (ASX-JBH) Daily chart 20 January 2026 Kelly Partners Group Holdings (ASX-KPG) Daily chart 20 January 2026 Pro Medicus (ASX-PME) Daily chart 20 January 2026 Telix Pharmaceuticals (ASX-TLX) Daily chart 20 January 2026 Temple & Webster Group (ASX-TPW) Daily chart 20 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 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. 4. 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.

05/06/2026