TECHNICAL ANALYSIS

ChartWatch ASX Scans: CSL, Cochlear, Codan, Iluka Resources, Arafura Rare Earths, Liontown, Nickel Industries, Seek

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

Lead Writer and Presenter
Thu 30 Apr 2026, 09:00 AEST
4 min read
ChartWatch ASX Scans: CSL, Cochlear, Codan, Iluka Resources, Arafura Rare Earths, Liontown, Nickel Industries, Seek

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: APA (APA), Arafura Rare Earths (ARU), Bluescope Steel (BSL), Codan (CDA), Civmec (CVL), Iluka Resources (ILU), Liontown (LTR), Nickel Industries (NIC), Vaneck MSCI International Value ETF (VLUE).
  • Today’s most interesting downtrends: A2 Milk Co. (A2M), Cochlear (COH), CSL (CSL), Catalyst Metals (CYL), Ebos (EBO), Flight Centre (FLT), G8 Education (GEM), IDP Education (IEL), National Australia Bank (NAB), Propel Funeral Partners (PFP), Seek (SEK).

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 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 %
Amaero
3DA
$0.380
+43.4%
+49.0%
Global X Battery Tech & Lithium ETF
ACDC
$170.42
+17.5%
+107.2%
Aurelia Metals
AMI
$0.305
+29.8%
+1.7%
APA
APA
$10.19
+6.0%
+22.9%
Arafura Rare Earths
ARU
$0.385
+42.6%
+83.3%
BetaShares Asia Tech Tigers ETF
ASIA
$17.68
+18.6%
+75.4%
Brazilian Rare Earths
BRE
$5.13
+23.9%
+150.2%
Bluescope Steel
BSL
$30.49
+14.1%
+37.3%
Cobram Estate Olives
CBO
$3.77
+14.6%
+103.8%
Codan
CDA
$42.00
+29.8%
+173.1%
Civmec
CVL
$1.595
+10.8%
+83.3%
DUG Technology
DUG
$2.22
+10.4%
+106.5%
Elevra Lithium
ELV
$13.55
+69.4%
+351.7%
Global X Hydrogen ETF
HGEN
$10.95
+26.7%
+173.1%
iShares MSCI South Korea ETF
IKO
$232.24
+23.1%
+160.1%
Iluka Resources
ILU
$8.03
+20.2%
+99.8%
Liontown
LTR
$2.43
+37.7%
+330.1%
Mineral Resources
MIN
$61.88
+9.2%
+240.4%
Nickel Industries
NIC
$1.060
+17.8%
+103.8%
Predictive Discovery
PDI
$1.015
+46.0%
+174.3%
Sunrise Energy Metals
SRL
$12.39
+37.2%
+4405.5%
SC Electrical Engineering
SXE
$3.72
+32.9%
+103.8%
Tasmea
TEA
$5.59
+9.8%
+128.1%
Telix Pharmaceuticals
TLX
$15.00
+9.9%
-43.8%
Vanguard Asia Ex-Japan ETF
VAE
$103.09
+8.5%
+31.9%
Vaneck Intrnational Value ETF
VLUE
$35.90
+5.7%
+30.1%
Vulcan Energy Resources
VUL
$3.95
+20.8%
-0.2%
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: APA (APA), Arafura Rare Earths (ARU), Bluescope Steel (BSL), Codan (CDA), Civmec (CVL), Iluka Resources (ILU), Liontown (LTR), Nickel Industries (NIC), Vaneck MSCI International Value ETF (VLUE).

Feature Uptrend Charts:

APA (ASX-APA) Daily chart 29 April 2026 Arafura Rare Earths (ASX-ARU) Daily chart 29 April 2026 Bluescope Steel (ASX-BSL) Daily chart 29 April 2026 Civmec (ASX-CVL) Daily chart 29 April 2026 Codan (ASX-CDA) Daily chart 29 April 2026 Iluka Resources (ASX-ILU) Daily chart 29 April 2026 Liontown (ASX-LTR) Daily chart 29 April 2026 Nickel Industries (ASX-NIC) Daily chart 29 April 2026 Vaneck MSCI International Value ETF (ASX-VLUE) Daily chart 29 April 2026

***NEW VIDEO DROPPED — LITHIUM & RARE EARTHS REVIEWS 📺***

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 %
A2 Milk Company
A2M
$7.13
-24.5%
-14.4%
Australian Clinical Labs
ACL
$1.910
-5.4%
-37.0%
Audinate
AD8
$2.45
-3.9%
-59.9%
ARB Corp.
ARB
$19.09
-10.2%
-37.7%
Accent Group
AX1
$0.620
-19.5%
-66.1%
Barton Gold
BGD
$0.890
+6.0%
+107.0%
Cochlear
COH
$90.00
-47.1%
-66.5%
CSL
CSL
$125.78
-12.2%
-48.5%
Catalyst Metals
CYL
$5.65
-5.8%
-14.9%
Dimerix
DXB
$0.215
-33.8%
-49.4%
Ebos
EBO
$17.06
-10.1%
-49.8%
EQT
EQT
$19.51
-3.0%
-37.1%
Fenix Resources
FEX
$0.315
-1.6%
+10.5%
Flight Centre Travel
FLT
$10.26
-6.5%
-18.5%
Fleetwood
FWD
$1.630
-3.0%
-40.9%
G8 Education
GEM
$0.165
-29.8%
-87.2%
GWA
GWA
$2.00
-5.7%
-13.0%
IDP Education
IEL
$3.18
-17.6%
-62.6%
IVE
IGL
$2.58
+2.0%
+4.9%
Ingenia Communities
INA
$3.95
+2.3%
-27.5%
Lendlease
LLC
$3.32
-0.9%
-34.6%
Lycopodium
LYL
$12.73
-3.7%
+18.4%
Marimaca Copper
MC2
$8.20
+5.0%
0%
National Australia Bank
NAB
$39.67
-5.5%
+11.1%
Propel Funeral Partners
PFP
$3.85
-6.1%
-25.2%
Peet
PPC
$1.790
-1.6%
+26.1%
Seek
SEK
$13.64
-0.7%
-35.6%
Spark New Zealand
SPK
$1.675
-3.2%
-14.3%
Smart Parking
SPZ
$0.825
-22.9%
-2.4%
Super Retail
SUL
$11.98
-7.4%
-6.6%
Unico Silver
USL
$0.585
-0.8%
+160.0%
Westpac Banking Corp
WBC
$38.22
-6.2%
+18.3%
Wisetech Global
WTC
$41.31
+7.7%
-52.3%
West Wits Mining
WWI
$0.545
-9.2%
+186.8%
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: The A2 Milk Company (A2M), Australian Clinical Labs (ACL), Cochlear (COH), CSL (CSL), Catalyst Metals (CYL), Dimerix (DXB), Ebos (EBO), Flight Centre Travel (FLT), G8 Education (GEM), IDP Education (IEL), IVE (IGL), National Australia Bank (NAB), Propel Funeral Partners (PFP), Seek (SEK), Spark New Zealand (SPK).

10 Randomly chosen Feature Downtrend Charts:

The A2 Milk Company (ASX-A2M) Daily chart 29 April 2026 Australian Clinical Labs (ASX-ACL) Daily chart 29 April 2026 Catalyst Metals (ASX-CYL) Daily chart 29 April 2026 Cochlear (ASX-COH) Daily chart 29 April 2026 CSL (ASX-CSL) Daily chart 29 April 2026 Ebos (ASX-EBO) Daily chart 29 April 2026 IDP Education (ASX-IEL) Daily chart 29 April 2026 Flight Centre Travel (ASX-FLT) Daily chart 29 April 2026 National Australia Bank (ASX-NAB) Daily chart 29 April 2026 Seek (ASX-SEK) Daily chart 29 April 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.

16/06/2026