TECHNICAL ANALYSIS

ChartWatch ASX Scans: CSL, Cochlear, Wesfarmers, Arafura Rare Earths, Codan, Domino's Pizza, Pantoro Gold, Stockland

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

Lead Writer and Presenter
Wed 29 Apr 2026, 09:00 AEST
4 min read
ChartWatch ASX Scans: CSL, Cochlear, Wesfarmers, Arafura Rare Earths, Codan, Domino's Pizza, Pantoro Gold, Stockland

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: Arafura Rare Earths (ARU), Codan (CDA), Victory Metals (VTM), 29Metals (29M).
  • Today’s most interesting downtrends: Austal (ASB), Bapcor (BAP), Cochlear (COH), CSL (CSL), Cleanaway Waste (CWY), Domino's Pizza (DMP), Harvey Norman (HVN), Pantoro Gold (PNR), SGH (SGH), Stockland (SGP), Supply Network (SNL), Wesfarmers (WES).

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 %
APA
APA
$10.13
+5.0%
+23.1%
Arafura Rare Earths
ARU
$0.370
+32.1%
+72.1%
Bluescope Steel
BSL
$30.00
+11.8%
+39.1%
Codan
CDA
$36.38
+5.7%
+138.1%
Cauldron Energy
CXU
$0.065
+182.6%
+685.1%
Dalrymple Bay
DBI
$5.42
+6.9%
+38.3%
Elevra Lithium
ELV
$13.69
+76.6%
+380.4%
HOT Chili
HCH
$1.630
+25.4%
+263.8%
Global X Hydrogen ETF
HGEN
$10.90
+24.7%
+176.7%
PLS Group
PLS
$6.11
+22.9%
+311.4%
Victory Metals
VTM
$1.815
+26.9%
+353.8%
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: Arafura Rare Earths (ARU), Codan (CDA), Victory Metals (VTM).

Feature Uptrend Charts:

Arafura Rare Earths (ASX-ARU) Daily chart 28 April 2026 Codan (ASX-CDA) Daily chart 28 April 2026 Victory Metals (ASX-VTM) Daily chart 28 April 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 %
29Metals
29M
$0.220
-38.0%
+76.4%
Audinate
AD8
$2.50
-2.7%
-59.5%
Australian Ethical
AEF
$4.13
-6.3%
-21.3%
Aristocrat Leisure
ALL
$46.20
-1.0%
-28.1%
Amcor
AMC
$54.15
-7.0%
-27.4%
Amotiv
AOV
$6.42
-0.8%
-16.2%
ARB Corp.
ARB
$19.18
-10.6%
-36.4%
Austal
ASB
$4.29
-11.5%
-13.9%
AUB
AUB
$24.35
+1.1%
-22.6%
Bapcor
BAP
$0.545
-14.2%
-83.9%
Barton Gold
BGD
$0.920
+5.7%
+109.1%
Beacon Lighting
BLX
$1.560
-6.0%
-54.8%
Boab Metals
BML
$0.400
-5.9%
+196.3%
Botanix Pharmaceuticals
BOT
$0.030
-26.8%
-92.9%
Brambles
BXB
$21.78
-2.0%
+4.3%
Cochlear
COH
$93.00
-43.9%
-64.9%
CSL
CSL
$128.90
-10.7%
-46.7%
Cettire
CTT
$0.240
-2.0%
-49.5%
Cleanaway Waste
CWY
$2.21
-5.2%
-15.0%
Domino's Pizza Enterprises
DMP
$15.85
-6.8%
-37.8%
Dateline Resources
DTR
$0.235
-54.4%
+3816.7%
EBR Systems
EBR
$0.600
-7.7%
-50.8%
Flight Centre Travel
FLT
$10.50
-5.7%
-15.7%
Fleetpartners
FPR
$2.35
-6.0%
-13.9%
Fleetwood
FWD
$1.640
-5.7%
-39.0%
Helloworld Travel
HLO
$1.445
-0.3%
-1.0%
Healius
HLS
$0.515
-12.0%
-49.4%
Harvey Norman
HVN
$4.46
-10.6%
-11.7%
Ingenia Communities
INA
$3.98
+3.1%
-26.7%
Jumbo Interactive
JIN
$7.55
-3.7%
-25.2%
Lindsay Australia
LAU
$0.595
-0.8%
-15.6%
Light & Wonder
LNW
$116.32
-6.5%
-10.9%
Mirvac
MGR
$1.705
-5.3%
-22.5%
Metallium
MTM
$0.580
0%
+251.5%
Metcash
MTS
$2.78
-7.3%
-14.2%
Myer
MYR
$0.270
-12.9%
-61.7%
Nanosonics
NAN
$3.50
-6.4%
-23.7%
Northern Star Resources
NST
$21.50
+14.6%
+3.2%
Nova Minerals
NVA
$0.655
-4.4%
+151.9%
Objective Corp.
OCL
$11.37
-4.4%
-23.3%
OOH!Media
OML
$0.850
-7.1%
-42.2%
Peninsula Energy
PEN
$0.520
-3.7%
-37.4%
Propel Funeral Partners
PFP
$3.88
-4.0%
-26.5%
Premier Investments
PMV
$12.43
-1.2%
-37.9%
Pantoro Gold
PNR
$3.38
+4.3%
+10.8%
Pepper Money
PPM
$1.700
-3.4%
+32.5%
Praemium
PPS
$0.670
+1.5%
-8.2%
Perenti
PRN
$1.895
-3.6%
+39.3%
Pexa
PXA
$12.20
-22.0%
+8.9%
Qualitas
QAL
$2.28
-7.7%
-0.9%
Steadfast
SDF
$4.19
+1.0%
-27.5%
SGH
SGH
$38.67
-7.7%
-21.9%
Stockland
SGP
$4.07
-4.9%
-23.5%
Santana Minerals
SMI
$0.620
-11.4%
+7.8%
Supply Network
SNL
$31.09
-3.9%
-18.0%
Sun Silver
SS1
$1.300
-6.1%
+92.6%
Temple & Webster
TPW
$5.83
-15.3%
-66.2%
Vulcan Steel
VSL
$4.95
-10.3%
-34.0%
Wesfarmers
WES
$72.31
-1.5%
-2.8%
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: 29Metals (29M), Audinate (AD8), Aristocrat Leisure (ALL), ARB Corp. (ARB), Austal (ASB), Bapcor (BAP), Cochlear (COH), CSL (CSL), Cleanaway Waste (CWY), Domino's Pizza Enterprises (DMP), Fleetwood (FWD), Harvey Norman (HVN), Jumbo Interactive (JIN), OOH!Media (OML), Propel Funeral Partners (PFP), Pantoro Gold (PNR), SGH (SGH), Stockland (SGP), Supply Network (SNL), Vulcan Steel (VSL), Wesfarmers (WES).

10 Randomly chosen Feature Downtrend Charts:

Austal (ASX-ASB) Daily chart 28 April 2026 Bapcor (ASX-BAP) Daily chart 28 April 2026 Cochlear (ASX-COH) Daily chart 28 April 2026 CSL (ASX-CSL) Daily chart 28 April 2026 Domino-s Pizza Enterprises (ASX-DMP) Daily chart 28 April 2026 Harvey Norman (ASX-HVN) Daily chart 28 April 2026 Pantoro Gold (ASX-PNR) Daily chart 28 April 2026 SGH (ASX-SGH) Daily chart 28 April 2026 Stockland (ASX-SGP) Daily chart 28 April 2026 Wesfarmers (ASX-WES) Daily chart 28 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.

18/06/2026