ChartWatch ASX Scans: Domino's Pizza, Xero, Liontown Resources, Pilbara Minerals, IGO, Core Lithium, Elevra Lithium
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 downtrends in today's scans: Audinate (AD8), Appen (APX), Car (CAR), Cochlear (COH), Digico (DGT), HMC (HMC), JB HI-FI (JBH), Macquarie Technology (MAQ), Monash IVF (MVF), Nine (NEC), REA (REA), Soul Patt’s (SOL), Wisetech (WTC), Xero (XRO).
- Interesting uptrends in today's scans: Global X Battery Tech & Lithium ETF (ACDC), Champion Iron (CIA), Core Lithium (CXO), Domino's Pizza (DMP), Elevra Lithium (ELV), Global X Silver (ETPMAG), IGO (IGO), Liontown Resources (LTR), Pilbara Minerals (PLS).
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It's been a long road back from oblivion for the ASX lithium sector, but Thursday's candles, collectively, officially announces them as the "next big thing" sector. Which is ironic, because they were 2015, 2017, and 2021's next big sector too...😉
Which is a reminder to focus only on the trends, price action, and candles – and not on narratives of bottom-left-top-right charts of demand (the 2015, 2017, and 2021 bull markets came undone at least partially because there's also a supply side!).
For now, though, as can be seen by the burgeoning number of lithium stocks in today's Uptrends Scan List – many of them regulars over the last couple of months – the trends, price action, and candles are sound. So, as they say in the classics: make hay while the sun is shining (there's another saying about the "sun shining" on something isn't there 🐶!?)
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 % |
|---|---|---|---|---|
Alcoa Corp. | AAI | $61.77 | +10.7% | -8.8% |
Global X Battery Tech & Lithium ETF | ACDC | $139.94 | +8.6% | +69.2% |
Antipodes Global Value ETF | AGX1 | $6.95 | +4.8% | +11.9% |
Altair Minerals | ALR | $0.023 | +35.3% | +475.0% |
Aspen Group | APZ | $5.39 | +18.2% | +154.2% |
Autosports Group | ASG | $4.57 | +32.8% | +117.6% |
Beforepay Group | B4P | $2.75 | +13.9% | +131.1% |
Bega Cheese | BGA | $5.89 | +13.9% | +10.9% |
Chrysos Corp. | C79 | $9.04 | +7.2% | +65.9% |
Control Bionics | CBL | $0.070 | +66.7% | +6.7% |
Champion Iron | CIA | $5.48 | +12.1% | -2.8% |
Capricorn Metals | CMM | $14.59 | +3.5% | +127.6% |
Caravel Minerals | CVV | $0.245 | +36.1% | +48.5% |
Core Lithium | CXO | $0.190 | +65.2% | +81.0% |
Delta Lithium | DLI | $0.205 | +2.5% | +4.0% |
Domino's Pizza Enterprises | DMP | $21.46 | +41.3% | -28.5% |
BetaShares Global Healthcare ETF | DRUG | $8.64 | +6.0% | +1.3% |
Elevra Lithium | ELV | $5.09 | +6.0% | +13.1% |
EQ Resources | EQR | $0.051 | +8.5% | -1.9% |
Global X Physical Silver | ETPMAG | $76.02 | +2.5% | +73.8% |
Global X Physical Precious Metals | ETPMPM | $395.99 | +0.2% | +60.4% |
Evolution Mining | EVN | $11.85 | +6.9% | +143.3% |
Focus Minerals | FML | $3.09 | +34.3% | +1526.3% |
Vaneck Gold Miners ETF | GDX | $122.24 | -0.3% | +109.0% |
Global Lithium Resources | GL1 | $0.600 | +27.7% | +179.1% |
Galan Lithium | GLN | $0.190 | +18.8% | +15.2% |
GR Engineering Services | GNG | $4.24 | +10.7% | +99.1% |
Global X Physical Gold | GOLD | $58.92 | 0% | +58.0% |
Havilah Resources | HAV | $0.400 | +53.8% | +90.5% |
BetaShares Global Shares ETF | HGBL | $77.69 | +3.2% | +15.4% |
BetaShares Japan ETF | HJPN | $25.39 | +7.5% | +27.3% |
Vaneck MSCI International Value ETF | HVLU | $33.79 | +7.5% | +31.7% |
IGO | IGO | $6.72 | +24.4% | +29.2% |
Investigator Resources | IVR | $0.060 | +1.7% | +33.3% |
Liontown Resources | LTR | $1.450 | +22.9% | +73.7% |
Lycopodium | LYL | $13.45 | +8.9% | +17.0% |
Metals X | MLX | $0.890 | 0% | +79.8% |
Vaneck Australian Resources ETF | MVR | $42.71 | +2.7% | +26.6% |
Newmont Corp. | NEM | $143.00 | +1.4% | +112.7% |
Navigator Global Investments | NGI | $3.05 | +46.6% | +90.6% |
Northern Star Resources | NST | $27.02 | +7.4% | +58.9% |
Nova Minerals | NVA | $1.450 | -11.3% | +607.3% |
Pilbara Minerals | PLS | $3.78 | +39.0% | +27.7% |
Qualitas | QAL | $3.97 | +11.8% | +41.8% |
BetaShares Australian Resources ETF | QRE | $8.46 | +1.8% | +19.5% |
Rio Tinto | RIO | $133.65 | +3.1% | +11.9% |
Resolute Mining | RSG | $1.020 | -10.9% | +52.2% |
Sandfire Resources | SFR | $16.68 | +3.4% | +62.1% |
Stealth Group Holdings | SGI | $1.460 | +108.6% | +329.4% |
Shape Australia Corp. | SHA | $6.50 | +18.8% | +136.4% |
Tivan | TVN | $0.220 | +69.2% | +358.3% |
Unico Silver | USL | $0.675 | +5.5% | +175.5% |
Vanguard International Shares ETF | VGAD | $120.07 | +3.2% | +11.5% |
Vysarn | VYS | $0.650 | +9.2% | +38.3% |
Warriedar Resources | WA8 | $0.275 | +7.8% | +409.3% |
Wildcat Resources | WC8 | $0.265 | +12.8% | -19.7% |
Westgold Resources | WGX | $5.98 | +7.0% | +107.6% |
WIA Gold | WIA | $0.365 | -2.7% | +143.3% |
Global X Copper Miners ETF | WIRE | $19.54 | +0.7% | +46.8% |
Winsome Resources | WR1 | $0.290 | +20.8% | -44.8% |
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: Alcoa Corp. (ASX: AAI), Global X Battery Tech & Lithium ETF (ASX: ACDC), Aspen Group (ASX: APZ), Autosports Group (ASX: ASG), Beforepay Group (ASX: B4P), Champion Iron (ASX: CIA), Core Lithium (ASX: CXO), Domino's Pizza Enterprises (ASX: DMP), BetaShares Global Healthcare Currency Hedged ETF (ASX: DRUG), Elevra Lithium (ASX: ELV), Global X Physical Silver (ASX: ETPMAG), Focus Minerals (ASX: FML), Global Lithium Resources (ASX: GL1), Galan Lithium (ASX: GLN), GR Engineering Services (ASX: GNG), Havilah Resources (ASX: HAV), BetaShares Japan Currency Hedged ETF (ASX: HJPN), IGO (ASX: IGO), Liontown Resources (ASX: LTR), Lycopodium (ASX: LYL), Metals X (ASX: MLX), Northern Star Resources (ASX: NST), Pilbara Minerals (ASX: PLS), Sandfire Resources (ASX: SFR), Stealth Group Holdings (ASX: SGI), Shape Australia Corp. (ASX: SHA), Tivan (ASX: TVN), Westgold Resources (ASX: WGX).
10 Randomly chosen Feature Uptrend Charts:
Downtrends Scan List 📉
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Audinate Group | AD8 | $4.20 | -38.2% | -55.6% |
Appen | APX | $0.670 | -18.3% | -74.1% |
Accent Group | AX1 | $1.225 | -6.8% | -47.7% |
Bapcor | BAP | $2.22 | -29.3% | -53.6% |
Car Group | CAR | $33.55 | -6.8% | -16.0% |
Cochlear | COH | $276.81 | -1.7% | -8.0% |
Digico Infrastructure Reit | DGT | $2.48 | -15.9% | 0% |
Develop Global | DVP | $3.36 | -22.0% | +38.8% |
Ebos Group | EBO | $24.74 | -4.3% | -27.7% |
EBR Systems | EBR | $1.140 | -17.4% | +15.7% |
EML Payments | EML | $0.900 | -4.3% | +36.4% |
Goodman Group | GMG | $29.88 | -9.2% | -16.3% |
Guzman Y Gomez | GYG | $23.95 | -5.4% | -34.1% |
HMC Capital | HMC | $2.98 | -17.7% | -72.4% |
JB HI-FI | JBH | $97.66 | -14.2% | +15.0% |
Judo Capital Holdings | JDO | $1.505 | -8.2% | -21.8% |
Lindsay Australia | LAU | $0.600 | -4.0% | -31.0% |
Macquarie Technology Group | MAQ | $62.97 | -4.3% | -30.2% |
Metal Powder Works | MPW | $2.17 | -28.1% | -58.3% |
Monash IVF Group | MVF | $0.605 | -17.7% | -47.8% |
Nine Entertainment | NEC | $1.110 | -8.6% | +38.0% |
National Storage Reit | NSR | $2.24 | -5.5% | -9.3% |
News Corp. Class B | NWS | $45.90 | +0.3% | -6.9% |
Nuix | NXL | $1.975 | -33.5% | -74.3% |
Orthocell | OCC | $1.100 | -24.1% | +77.4% |
Pro Medicus | PME | $255.49 | -12.6% | +27.3% |
Premier Investments | PMV | $17.63 | -3.2% | -30.4% |
Pinnacle Investment | PNI | $17.55 | -7.1% | -16.4% |
Polynovo | PNV | $1.195 | -13.1% | -42.3% |
REA Group | REA | $200.15 | -9.2% | -16.3% |
SGH | SGH | $44.50 | -7.3% | +0.9% |
Star Entertainment | SGR | $0.086 | -10.4% | -80.9% |
Select Harvests | SHV | $3.58 | -13.9% | -5.0% |
Washington H. Soul Patt's | SOL | $37.11 | -2.3% | +10.5% |
Spark New Zealand | SPK | $1.980 | -5.7% | -26.4% |
Technology One | TNE | $34.72 | -12.1% | +32.4% |
Wisetech Global | WTC | $68.01 | -19.9% | -45.5% |
Xero | XRO | $127.36 | -18.9% | -18.9% |
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: Audinate Group (ASX: AD8), Appen (ASX: APX), Accent Group (ASX: AX1), Car Group (ASX: CAR), Cochlear (ASX: COH), Digico Infrastructure Reit (ASX: DGT), HMC Capital (ASX: HMC), JB HI-FI (ASX: JBH), Judo Capital Holdings (ASX: JDO), Macquarie Technology Group (ASX: MAQ), Monash IVF Group (ASX: MVF), Nine Entertainment Co. Holdings (ASX: NEC), National Storage Reit (ASX: NSR), REA Group (ASX: REA), SGH (ASX: SGH), Washington H. Soul Pattinson (ASX: SOL), Spark New Zealand (ASX: SPK), Wisetech Global (ASX: WTC), Xero (ASX: XRO).
10 Randomly chosen Feature Downtrend Charts:
Important considerations when 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 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!!!

