TECHNICAL ANALYSIS

ChartWatch ASX Scans: Commonwealth Bank, Wesfarmers, Endeavour, New Hope Corp, Qantas, Ramsay Health Care

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

Lead Writer and Presenter
Thu 17 Sept 2026, 09:00 AEST (3h ago)
4 min read
ChartWatch ASX Scans: Commonwealth Bank, Wesfarmers, Endeavour, New Hope Corp, Qantas, Ramsay Health Care

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: BCI Minerals (BCI), Cuscal (CCL), Codan (CDA), Cogstate (CGS), EQ Resources (EQR), GR Engineering Services (GNG), Mastermyne (MYE), New Hope Corp. (NHC), Omega Oil & Gas (OMA), Ramsay Health Care (RHC), St Barbara (SBM).
  • Today’s most interesting downtrends: Autosports (ASG), Commonwealth Bank of Australia (CBA), Endeavour (EDV), Genusplus (GNP), Qantas Airways (QAN), Wesfarmers (WES), Xero (XRO).

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
Australian Clinical Labs
ACL
$2.84
0%
+11.4%
$529.7m
Ampol
ALD
$43.25
+7.7%
+44.4%
$10.3b
Alkane Resources
ALK
$1.920
+21.1%
+86.4%
$2.6b
BCI Minerals
BCI
$0.575
+25.0%
+59.7%
$1.7b
Barton Gold
BGD
$1.100
+13.4%
+14.6%
$298.1m
Cuscal
CCL
$5.75
+8.5%
+50.9%
$1.1b
Codan
CDA
$48.94
+12.7%
+60.3%
$8.9b
Cogstate
CGS
$3.19
+16.9%
+67.0%
$548.6m
COG Financial Services
COG
$1.690
+15.0%
-15.3%
$360.4m
Dicker Data
DDR
$14.79
+16.2%
+49.5%
$2.7b
DXN
DXN
$0.440
+125.6%
+621.3%
$165.1m
EQ Resources
EQR
$0.465
+50.0%
+1450.0%
$2.4b
GR Engineering Services
GNG
$7.04
+19.5%
+79.1%
$1.3b
BetaShares Cybersecurity ETF
HACK
$18.08
+3.7%
+20.5%
$1.6b
Kantra Copper
KAN
$1.135
+22.0%
+110.2%
$4.0b
L1 Gold Fund
LGF
$2.33
+7.7%
0%
$1.4b
Metals X
MLX
$1.990
+9.0%
+208.5%
$1.8b
Mastermyne
MYE
$0.780
+44.4%
+420.0%
$240.9m
New Hope Corp.
NHC
$6.49
+14.1%
+48.9%
$5.5b
Omega Oil & Gas
OMA
$0.850
+61.9%
+88.9%
$459.6m
BetaShares Crude Oil ETF
OOO
$10.78
+23.3%
+97.8%
$147.1m
Ramsay Health Care
RHC
$54.85
+22.8%
+62.6%
$12.7b
St Barbara
SBM
$0.860
+42.1%
+123.4%
$1.1b
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: BCI Minerals (BCI), Cuscal (CCL), Codan (CDA), Cogstate (CGS), EQ Resources (EQR), GR Engineering Services (GNG), Mastermyne (MYE), New Hope Corp. (NHC), Omega Oil & Gas (OMA), Ramsay Health Care (RHC), St Barbara (SBM).

Feature Uptrend Charts:

BCI Minerals (ASX-BCI) Daily chart 16 September 2026 Codan (ASX-CDA) Daily chart 16 September 2026 Cogstate (ASX-CGS) Daily chart 16 September 2026 Cuscal (ASX-CCL) Daily chart 16 September 2026 EQ Resources (ASX-EQR) Daily chart 16 September 2026 GR Engineering Services (ASX-GNG) Daily chart 16 September 2026 Mastermyne (ASX-MYE) Daily chart 16 September 2026 New Hope Corp. (ASX-NHC) Daily chart 16 September 2026 Omega Oil & Gas (ASX-OMA) Daily chart 16 September 2026 Ramsay Health Care (ASX-RHC) Daily chart 16 September 2026 St Barbara (ASX-SBM) Daily chart 16 September 2026

***NEW VIDEO DROPPED!!! 📺🍿***

How to protect your portfolio in a "Market Meltdown". This expert is in cash and is taking a vacation! 🏖️

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
AGL Energy
AGL
$8.33
-7.1%
-3.0%
$5.6b
Auckland Airport
AIA
$6.61
-8.8%
-6.1%
$11.2b
Arafura Rare Earths
ARU
$0.165
-25.0%
-8.3%
$1.0b
Autosports
ASG
$1.285
-16.8%
-63.7%
$274.2m
Accent Group
AX1
$0.670
-5.0%
-50.2%
$402.8m
Breville
BRG
$30.40
-8.2%
-1.6%
$4.4b
Commonwealth Bank
CBA
$151.54
-6.8%
-10.3%
$253.6b
Cromwell Property
CMW
$0.350
-15.7%
-27.8%
$916.6m
Chorus
CNU
$6.67
-15.5%
-21.7%
$2.9b
CH Infrastructure Reit
CQE
$2.35
-4.5%
-31.9%
$872.1m
Clarity Pharmaceuticals
CU6
$2.09
-18.7%
-35.3%
$779.7m
Dexus
DXS
$5.53
-4.0%
-25.1%
$5.9b
Endeavour
EDV
$3.00
-12.5%
-18.7%
$5.4b
Genusplus
GNP
$8.14
-14.0%
+54.2%
$1.7b
Growthpoint Properties
GOZ
$2.00
-5.7%
-23.4%
$1.5b
IVE
IGL
$2.34
-19.0%
-10.0%
$358.3m
Jumbo Interactive
JIN
$6.46
-15.4%
-42.1%
$409.3m
Lotus Resources
LOT
$0.220
-10.2%
-80.9%
$120.3m
MA Financial
MAF
$5.04
-17.0%
-45.9%
$1.0b
National Australia Bank
NAB
$38.02
-3.0%
-13.2%
$118.5b
Orora
ORA
$1.400
-3.4%
-34.0%
$1.7b
Qantas Airways
QAN
$8.70
-10.2%
-22.3%
$13.2b
Seek
SEK
$12.03
-18.1%
-57.2%
$4.3b
Spark New Zealand
SPK
$1.630
+0.9%
-22.4%
$3.1b
Smart Parking
SPZ
$0.730
-3.3%
-21.1%
$304.5m
Servcorp
SRV
$5.81
-9.5%
-16.8%
$591.8m
Sovereign Metals
SVM
$0.500
-6.5%
-23.7%
$328.0m
The Lottery Corp.
TLC
$4.82
-9.2%
-18.9%
$10.7b
Temple & Webster
TPW
$4.38
-13.3%
-81.7%
$510.5m
Tivan
TVN
$0.190
-22.4%
+90.0%
$446.0m
Virgin Australia
VGN
$2.62
-3.0%
-19.9%
$2.1b
Wesfarmers
WES
$72.29
-14.2%
-20.9%
$82.0b
Webjet
WJL
$0.310
-21.5%
-65.7%
$121.7m
Wisetech Global
WTC
$32.27
-25.6%
-67.0%
$10.9b
Xero
XRO
$66.34
-19.8%
-58.9%
$11.3b
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: Autosports (ASG), Commonwealth Bank of Australia (CBA), Endeavour (EDV), Genusplus (GNP), Qantas Airways (QAN), Wesfarmers (WES), Xero (XRO).

Feature Downtrend Charts:

Autosports (ASX-ASG) Daily chart 16 September 2026 Commonwealth Bank of Australia (ASX-CBA) Daily chart 16 September 2026 Endeavour (ASX-EDV) Daily chart 16 September 2026 Genusplus (ASX-GNP) Daily chart 16 September 2026 Qantas Airways (ASX-QAN) Daily chart 16 September 2026 Wesfarmers (ASX-WES) Daily chart 16 September 2026 Xero (ASX-XRO) Daily chart 16 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.

17/09/2026