ChartWatch ASX Scans: CSL, Domino's Pizza, Endeavour Group, Ramsay Health Care, Treasury Wine Estates and Woolworths keep crumbling
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.

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Mentioned
KEY POINTS
- Interesting uptrends in today's Scans: African Gold (A1G), Almonty Industries (AII), Andean Silver (ASL), Felix Gold (FXG), GBM Resources (GBZ), Minerals 260 (MI6), Mineral Resources (MIN), Metals X (MLX), Paladin Energy (PDN), Silex Systems (SLX).
- Interesting downtrends in today's Scans: Amcor (AMC), Amotiv (AOV), ASX (ASX), CSL (CSL), Domino's Pizza (DMP), Ebos (EBO), Endeavour (EDV), James Hardie (JHX), REA (REA), Ramsay Health Care (RHC), Treasury Wine Estates (TWE), Woolworths (WOW).
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OMG! 🤯
We all know it was a down day on the S&P/ASX 200 on Wednesday. I ran my scans yesterday evening expecting to see a substantially smaller list of uptrends and a modestly larger list of downtrends. I certainly got the latter – 35 in today's Downtrends Scan List versus 28 from Tuesday's candles.
The Uptrends Scan List? Wait for it... 93 stocks that I couldn't fault, and therefore had to go in. Each one I would personally add risk to – if I had the dough, that is! 🤑 That 93 is up from the 78 based on Tuesday's candles – but it was a down day on the ASX 200 yesterday, remember?
It's no surprise when you consider the massive groundswell of cash flooding into smaller capitalisation ASX companies, particularly those in the mining space – and drilling down again – in the gold, silver, and critical minerals sectors. This is a melt-up that I haven't seen in a very, very long time (maybe back in the mid-2000's when the "Chinese Economic Miracle" narrative was playing? 🤔
Either way, something very interesting and very special is going on. But wait, there's more! Yes, all of those quality downtrends 💪. Nothing excites me more as a trend follower, than being able to balance my long-side exposure (i.e., from Uptrends Scan List constituents) with short-side exposure (i.e., from Downtrends Scan List constituents.
So, as good as some of my picks in the Uptrends Scan List have been (2x 3x 5x 10x wins are growing increasingly common), I am just as proud as the work I've done on the short-side: CSL (CSL), Domino's Pizza (DMP), Endeavour Group (EDV), Ramsay Health Care (RHC), Treasury Wine Estates (TWE), and Woolworths (WOW) each continue to crumble long after they were first identified in the Downtrends Scan List.
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.
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 % |
|---|---|---|---|---|
29METALS | 29M | $0.490 | +71.9% | +43.2% |
African Gold | A1G | $0.340 | +9.7% | +818.9% |
Astral Resources | AAR | $0.240 | +45.5% | +118.2% |
Aussie Broadband | ABB | $5.69 | +7.2% | +48.3% |
Global X Battery Tech & Lithium ETF | ACDC | $113.94 | +8.3% | +43.2% |
Aura Energy | AEE | $0.270 | +68.8% | +116.0% |
Almonty Industries | AII | $8.74 | +35.3% | +682.1% |
AI-Media Technologies | AIM | $0.805 | +51.9% | +7.3% |
Aeris Resources | AIS | $0.380 | +90.0% | +123.5% |
Alkane Resources | ALK | $1.220 | +26.4% | +174.2% |
Eagers Automotive | APE | $28.22 | +28.2% | +166.0% |
Aspen Group | APZ | $4.45 | +3.5% | +108.9% |
Andean Silver | ASL | $1.935 | +35.3% | +65.4% |
Aurum Resources | AUE | $0.675 | +16.4% | +101.5% |
Aurumin | AUN | $0.125 | +38.9% | +212.5% |
Black Cat Syndicate | BC8 | $1.385 | +54.7% | +259.7% |
Brazilian Critical Minerals | BCM | $0.033 | +73.7% | +120.0% |
Beacon Minerals | BCN | $2.39 | +3.9% | +159.8% |
Broken Hill Mines | BHM | $0.660 | +10.9% | +42.2% |
Ballard Mining | BM1 | $0.580 | +38.1% | 0% |
Bannerman Energy | BMN | $3.72 | +33.8% | +63.9% |
Brightstar Resources | BTR | $0.555 | +40.5% | +30.6% |
Codan | CDA | $30.38 | -0.7% | +97.3% |
Chalice Mining | CHN | $2.30 | +31.4% | +66.1% |
Centuria Industrial Reit | CIP | $3.53 | +3.2% | +4.7% |
COG Financial Services | COG | $2.18 | +21.1% | +125.9% |
Caprice Resources | CRS | $0.125 | +43.7% | +468.2% |
Cedar Woods Properties | CWP | $7.69 | +2.5% | +37.1% |
Catalyst Metals | CYL | $8.36 | +12.2% | +266.7% |
Dreadnought Resources | DRE | $0.031 | +148.0% | +93.8% |
Global X China Tech ETF | DRGN | $13.80 | +9.5% | 0% |
DUG Technology | DUG | $2.75 | +76.3% | +19.0% |
EDU | EDU | $0.570 | +19.4% | +256.3% |
Emyria | EMD | $0.058 | +9.4% | +41.5% |
Emerald Resources | EMR | $4.86 | +28.6% | +26.6% |
Energy One | EOL | $18.05 | +26.1% | +264.6% |
Global X Physical Silver ETF | ETPMAG | $61.56 | +10.9% | +45.4% |
Global X Physical Precious Metals | ETPMPM | $343.07 | +10.0% | +44.9% |
Evolution Mining | EVN | $10.28 | +23.3% | +133.6% |
Frontier Digital Ventures | FDV | $0.430 | +50.9% | +10.3% |
Firefly Metals | FFM | $1.390 | +12.1% | +42.6% |
Focus Minerals | FML | $0.965 | +99.0% | +522.6% |
Felix Gold | FXG | $0.620 | +264.7% | +629.4% |
G50 Corp | G50 | $0.400 | +53.8% | +196.3% |
GBM Resources | GBZ | $0.046 | +64.3% | +318.2% |
Vaneck Gold Miners ETF | GDX | $112.95 | +20.4% | +93.6% |
Genusplus Group | GNP | $6.13 | +33.3% | +167.7% |
Global X Physical Gold ETF | GOLD | $52.34 | +9.5% | +49.0% |
Haranga Resources | HAR | $0.115 | +51.3% | +59.7% |
iShares Emerging Markets ETF | IEM | $81.21 | +3.8% | +26.2% |
Imdex | IMD | $3.41 | +15.6% | +57.1% |
Kairos Minerals | KAI | $0.032 | +42.2% | +146.2% |
Lynas Rare Earths | LYC | $16.54 | +11.3% | +135.9% |
Macmahon | MAH | $0.430 | 0% | +19.4% |
Minerals 260 | MI6 | $0.220 | +76.0% | +37.5% |
Mineral Resources | MIN | $40.57 | +15.7% | +10.5% |
Metals X | MLX | $0.735 | +17.6% | +70.9% |
Metro Mining | MMI | $0.091 | +15.2% | +139.5% |
Monadelphous Group | MND | $22.19 | +4.7% | +78.5% |
Megaport | MP1 | $16.46 | +1.7% | +126.1% |
Vaneck Australian Resources ETF | MVR | $38.53 | +4.2% | +20.8% |
Newmont Corporation | NEM | $127.34 | +16.8% | +61.9% |
Northern Star Resources | NST | $23.11 | +24.2% | +44.3% |
NRW | NWH | $4.60 | +19.5% | +37.7% |
Paladin Energy | PDN | $8.69 | +24.9% | -12.0% |
Plenti Group | PLT | $1.510 | +18.9% | +117.3% |
Pantoro | PNR | $5.83 | +31.3% | +185.8% |
Perenti | PRN | $2.72 | +20.9% | +157.8% |
Polarx | PXX | $0.021 | +16.7% | +110.0% |
Race Oncology | RAC | $3.38 | +181.7% | +95.4% |
Resolute Mining | RSG | $0.960 | +52.4% | +32.4% |
St Barbara | SBM | $0.515 | +51.5% | +80.7% |
Sandfire Resources | SFR | $12.69 | +0.7% | +39.5% |
Ricegrowers | SGLLV | $17.33 | +9.7% | +97.4% |
St George Mining | SGQ | $0.120 | +185.7% | +344.4% |
Superloop | SLC | $3.35 | +12.0% | +88.2% |
Silex Systems | SLX | $6.23 | +52.3% | +73.1% |
Santana Minerals | SMI | $0.850 | +38.2% | +23.2% |
Strickland Metals | STK | $0.165 | +22.2% | +92.3% |
Terra Uranium | T92 | $0.105 | +191.7% | +16.7% |
Tribeca Global Natural Resources | TGF | $1.855 | +19.7% | +17.0% |
Terra Metals | TM1 | $0.160 | +95.1% | +433.3% |
Tesoro Gold | TSO | $0.064 | +73.0% | +146.2% |
Unico Silver | USL | $0.575 | +45.6% | +194.9% |
Veem | VEE | $1.490 | +35.5% | -5.1% |
Vulcan Energy Resources | VUL | $5.07 | +31.0% | +40.4% |
Weebit Nano | WBT | $3.20 | +13.1% | +71.1% |
Westgold Resources | WGX | $4.44 | +35.0% | +63.2% |
Widgie Nickel | WIN | $0.031 | +47.6% | -8.8% |
Global X Copper Miners ETF | WIRE | $16.42 | +9.5% | +27.3% |
Zenith Minerals | ZNC | $0.125 | +111.9% | +166.0% |
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: Interesting uptrends in today's Scans: 29METALS (ASX: 29M), African Gold (ASX: A1G), Aussie Broadband (ASX: ABB), Aura Energy (ASX: AEE), Almonty Industries (ASX: AII), AI-Media Technologies (ASX: AIM), Alkane Resources (ASX: ALK), Andean Silver (ASX: ASL), Aurum Resources (ASX: AUE), Black Cat Syndicate (ASX: BC8), Brazilian Critical Minerals (ASX: BCM), Beacon Minerals (ASX: BCN), Caprice Resources (ASX: CRS), Dreadnought Resources (ASX: DRE), Global X Physical Precious Metal Basket (ASX: ETPMPM), Firefly Metals (ASX: FFM), Focus Minerals (ASX: FML), Felix Gold (ASX: FXG), GBM Resources (ASX: GBZ), Minerals 260 (ASX: MI6), Mineral Resources (ASX: MIN), Metals X (ASX: MLX), Monadelphous Group (ASX: MND), Megaport (ASX: MP1), Northern Star Resources (ASX: NST), Paladin Energy (ASX: PDN), Plenti Group (ASX: PLT), Pantoro (ASX: PNR), Perenti (ASX: PRN), Race Oncology (ASX: RAC), Resolute Mining (ASX: RSG), St Barbara (ASX: SBM), Ricegrowers (ASX: SGLLV), St George Mining (ASX: SGQ), Silex Systems (ASX: SLX), Santana Minerals (ASX: SMI), Strickland Metals (ASX: STK), Terra Uranium (ASX: T92), Tribeca Global Natural Resources (ASX: TGF), Vulcan Energy Resources (ASX: VUL), Westgold Resources (ASX: WGX), WIN Metals (ASX: WIN).
10 Randomly chosen Feature Uptrend Charts:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Australian Clinical Labs | ACL | $2.50 | -6.4% | -29.6% |
Amcor | AMC | $12.14 | -6.9% | -25.1% |
Austin Engineering | ANG | $0.280 | -11.1% | -44.6% |
Amotiv | AOV | $8.62 | -13.0% | -18.2% |
ASX | ASX | $59.83 | -3.0% | -4.4% |
Bapcor | BAP | $3.16 | -19.4% | -38.4% |
Commonwealth Bank of Australia | CBA | $164.53 | -2.7% | +13.9% |
Cochlear | COH | $289.29 | -3.9% | +2.4% |
CSL | CSL | $197.34 | -8.3% | -32.8% |
Domino's Pizza Enterprises | DMP | $13.30 | -31.3% | -59.4% |
Ebos Group | EBO | $25.59 | -27.7% | -27.2% |
Endeavour Group | EDV | $3.59 | -10.9% | -29.3% |
EQT | EQT | $25.92 | -10.3% | -11.2% |
EVT | EVT | $13.10 | -10.9% | +20.7% |
Healius | HLS | $0.755 | -19.3% | -35.9% |
Inghams Group | ING | $2.52 | -8.4% | -13.7% |
James Hardie Industries | JHX | $28.15 | -7.9% | -51.4% |
Kogan.Com | KGN | $3.45 | -16.5% | -31.0% |
Magnetic Resources | MAU | $1.300 | 0% | -7.5% |
Myer | MYR | $0.470 | -29.9% | -44.5% |
New Hope Corporation | NHC | $3.92 | -11.1% | -17.5% |
Novonix | NVX | $0.455 | -15.0% | -18.8% |
Pinnacle Investment | PNI | $18.21 | -14.3% | +4.8% |
REA Group | REA | $228.77 | -11.3% | +15.0% |
Ramsay Health Care | RHC | $32.62 | -14.6% | -19.1% |
Sims | SGM | $13.34 | -6.9% | +7.9% |
The Star Entertainment Group | SGR | $0.093 | -7.0% | -81.6% |
Sonic Healthcare | SHL | $21.74 | -8.8% | -17.3% |
Skycity Entertainment | SKC | $0.570 | -8.1% | -51.5% |
Spark New Zealand | SPK | $2.08 | -8.0% | -30.9% |
Santos | STO | $6.76 | -15.2% | -4.8% |
Syrah Resources | SYR | $0.240 | -17.2% | +17.4% |
Treasury Wine Estates | TWE | $7.31 | -7.0% | -33.4% |
Woodside Energy Group | WDS | $22.87 | -15.4% | -7.7% |
Woolworths Group | WOW | $26.98 | -19.3% | -22.9% |
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: Australian Clinical Labs (ASX: ACL), Amcor (ASX: AMC), Amotiv (ASX: AOV), ASX (ASX: ASX), CSL (ASX: CSL), Domino's Pizza Enterprises (ASX: DMP), Ebos Group (ASX: EBO), Endeavour Group (ASX: EDV), EQT (ASX: EQT), Healius (ASX: HLS), James Hardie Industries (ASX: JHX), Kogan.Com (ASX: KGN), Pinnacle Investment Management Group (ASX: PNI), REA Group (ASX: REA), Ramsay Health Care (ASX: RHC), Sims (ASX: SGM), Sonic Healthcare (ASX: SHL), Skycity Entertainment Group (ASX: SKC), Spark New Zealand (ASX: SPK), Santos (ASX: STO), Syrah Resources (ASX: SYR), Treasury Wine Estates (ASX: TWE), Woolworths Group (ASX: WOW).
10 Randomly chosen Feature Downtrend Charts:
Important considerations when using the ChartWatch Daily ASX Scans:
1. 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 close of trading today. 2. These lists are not exhaustive, they are 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 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. 4. This is general, educational information only – so always do your own research!!!

