TECHNICAL ANALYSIS

ChartWatch ASX Scans: CSL, Wesfarmers, Insurance Australia, Suncorp, Stockland, Suncorp, Digico Infrastructure

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

Lead Writer and Presenter
Wed 11 Feb 2026, 09:00 AEDT
4 min read
ChartWatch ASX Scans: CSL, Wesfarmers, Insurance Australia, Suncorp, Stockland, Suncorp, Digico Infrastructure

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: BMG Resources (BMG), Dalrymple Bay Infrastructure (DBI), Elixir Energy (EXR), Sky Metals (SKY), Tivan (TVN), Wesfarmers (WES).
  • Today’s most interesting downtrends: Amotiv (AOV), Accent Group (AX1), CSL (CSL), Digico Infrastructure Reit (DGT), GPT Group (GPT), Insurance Australia (IAG), News Corp. (NWS), Stockland (SGP), Suncorp (SUN).

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 %
Ardiden
ADV
$0.430
+16.2%
+218.5%
ALS
ALQ
$24.15
+6.2%
+49.5%
BMG Resources
BMG
$0.041
+70.8%
+272.7%
Benz Mining Corp.
BNZ
$3.18
+103.8%
+715.4%
Calix
CXL
$1.670
+38.0%
+203.6%
Dalrymple Bay Infrastructure
DBI
$5.05
+3.5%
+37.6%
EQ Resources
EQR
$0.210
+123.4%
+577.4%
Elixir Energy
EXR
$0.089
+18.7%
+89.4%
Finder Energy Holdings
FDR
$0.490
+36.1%
+1156.4%
G50 Corp
G50
$0.800
+35.6%
+492.6%
Horizon Oil
HZN
$0.240
+14.3%
+20.0%
iShares MSCI Japan ETF
IJP
$129.91
+5.5%
+17.9%
Magnetic Resources
MAU
$1.680
+30.7%
+35.5%
Mitchell Services
MSV
$0.415
+18.6%
+27.7%
PC Gold
PC2
$0.770
+102.6%
0%
Reece
REH
$14.96
+8.7%
-36.1%
Ramsay Health Care
RHC
$37.13
+5.0%
+10.5%
Sky Metals
SKY
$0.190
+72.7%
+251.9%
Starpharma Holdings
SPL
$0.415
+9.2%
+315.0%
Service Stream
SSM
$2.33
+8.4%
+50.8%
Southern Cross Electrical
SXE
$2.75
+14.6%
+76.3%
Tivan
TVN
$0.460
+35.3%
+300.0%
Viridis Mining and Minerals
VMM
$1.995
+40.5%
+411.5%
Wesfarmers
WES
$87.28
+7.7%
+15.3%
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: BMG Resources (BMG), Dalrymple Bay Infrastructure (DBI), Elixir Energy (EXR), Sky Metals (SKY), Tivan (TVN), Wesfarmers (WES).

Feature Uptrend Charts:

BMG Resources (ASX-BMG) Daily chart 10 February 2026 Dalrymple Bay Infrastructure-Notes (ASX-DBI) Daily chart 10 February 2026 Elixir Energy (ASX-EXR) Daily chart 10 February 2026 Sky Metals (ASX-SKY) Daily chart 10 February 2026 Tivan (ASX-TVN) Daily chart 10 February 2026 Wesfarmers (ASX-WES) Daily chart 10 February 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 %
Amotiv
AOV
$8.12
-9.3%
-22.4%
Accent Group
AX1
$0.910
-4.2%
-57.5%
Charter Hall Long Wale Reit
CLW
$3.72
-8.4%
-4.6%
Chorus
CNU
$7.75
-3.7%
-0.9%
Centuria Office Reit
COF
$1.030
-7.6%
-10.0%
CSL
CSL
$171.39
-1.7%
-37.2%
Digico Infrastructure Reit
DGT
$2.25
-16.4%
-50.7%
Dexus
DXS
$6.44
-7.3%
-11.3%
G8 Education
GEM
$0.500
-28.6%
-63.4%
GPT Group
GPT
$5.09
-6.8%
+10.7%
Healius
HLS
$0.865
-11.3%
-13.1%
HMC Capital
HMC
$3.74
-9.7%
-60.3%
Insurance Australia
IAG
$7.28
-9.2%
-18.2%
Ingenia Communities
INA
$4.63
-10.6%
-19.9%
News Corp. Class B
NWS
$37.36
-17.2%
-33.6%
Objective Corp.
OCL
$14.47
-13.1%
-14.9%
Origin Energy
ORG
$10.99
-3.3%
+8.4%
Stockland
SGP
$5.18
-6.3%
+0.6%
Spark New Zealand
SPK
$1.870
-5.6%
-28.9%
Strike Energy
STX
$0.100
-4.8%
-54.5%
Suncorp Group
SUN
$16.05
-8.1%
-19.7%
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: Amotiv (AOV), Accent Group (AX1), CSL (CSL), Digico Infrastructure Reit (DGT), GPT Group (GPT), Insurance Australia Group (IAG), News Corp. Class B (NWS), Stockland (SGP), Suncorp Group (SUN).

Feature Downtrend Charts:

Accent Group (ASX-AX1) Daily chart 10 February 2026 Amotiv (ASX-AOV) Daily chart 10 February 2026 CSL (ASX-CSL) Daily chart 10 February 2026 Digico Infrastructure Reit (ASX-DGT) Daily chart 10 February 2026 GPT Group (ASX-GPT) Daily chart 10 February 2026 Insurance Australia Group (ASX-IAG) Daily chart 10 February 2026 News Corp. Class B (ASX-NWS) Daily chart 10 February 2026 Stockland (ASX-SGP) Daily chart 10 February 2026 Suncorp Group (ASX-SUN) Daily chart 10 February 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 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!!!

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.

05/06/2026