ChartWatch ASX Scans: Droneshield, Electro Optic Systems, Dateline Resources, Omega Oil & Gas, JB HI-FI, Netwealth
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.

Source: Shutterstock
Mentioned
KEY POINTS
- Today’s most interesting uptrends: Droneshield (DRO), Dateline Resources (DTR), Electro Optic Systems (EOS), EQ Resources (EQR), Lindian Resources (LIN), Omega Oil & Gas (OMA).
- Today’s most interesting downtrends: Alliance Aviation (AQZ), Beacon Lighting (BLX), Capricorn Metals (CMM), Cleanaway Waste (CWY), Fleetwood (FWD), Generation Development (GDG), JB HI-FI (JBH), Netwealth (NWL), Super Retail (SUL), Treasury Wine (TWE).
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 % |
|---|---|---|---|---|
Global X Commodity ETF | BCOM | $13.22 | +10.4% | +14.7% |
BSA | BSA | $0.425 | +77.1% | -59.5% |
Droneshield | DRO | $4.17 | +35.8% | +384.9% |
Dateline Resources | DTR | $0.415 | +38.3% | +13733.3% |
Electro Optic Systems | EOS | $11.74 | +91.2% | +890.7% |
EQ Resources | EQR | $0.365 | +55.3% | +729.5% |
BetaShares Agriculture ETF | FOOD | $8.66 | +1.3% | +36.0% |
Lindian Resources | LIN | $0.910 | +130.4% | +838.1% |
Omega Oil & Gas | OMA | $0.625 | +17.9% | +64.5% |
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: Droneshield (DRO), Dateline Resources (DTR), Electro Optic Systems (EOS), EQ Resources (EQR), Lindian Resources (LIN), Omega Oil & Gas (OMA).
Feature Uptrend Charts:
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 % |
|---|---|---|---|---|
Alliance Aviation Services | AQZ | $0.590 | -44.1% | -76.8% |
Autosports Group | ASG | $2.38 | -33.3% | +35.2% |
Accent Group | AX1 | $0.855 | -5.5% | -53.0% |
Bapcor | BAP | $0.650 | -53.6% | -82.6% |
Barton Gold | BGD | $0.935 | -15.4% | +233.9% |
Bisalloy Steel Group | BIS | $4.61 | -15.1% | +46.6% |
Beacon Lighting Group | BLX | $1.840 | -29.5% | -44.9% |
Botanix Pharmaceuticals | BOT | $0.049 | -55.5% | -86.9% |
Capricorn Metals | CMM | $11.90 | -15.4% | +59.9% |
COG Financial Services | COG | $1.315 | -23.3% | +37.7% |
Cleanaway Waste Management | CWY | $2.35 | -2.1% | -9.6% |
Dexus | DXS | $6.09 | -3.6% | -19.0% |
EQT | EQT | $19.37 | -14.3% | -39.9% |
Flight Centre Travel | FLT | $11.32 | -20.6% | -20.8% |
Fleetwood | FWD | $1.865 | -30.2% | -21.0% |
Generation Development | GDG | $3.84 | -12.9% | -20.2% |
Gorilla Gold Mines | GG8 | $0.380 | -15.6% | +4.1% |
Greatland Resources | GGP | $11.54 | -11.7% | 0% |
Goodman Group | GMG | $25.71 | -15.1% | -15.8% |
Healthco Health Wellness Reit | HCW | $0.620 | -6.8% | -31.1% |
Helloworld Travel | HLO | $1.460 | -23.0% | -8.8% |
Hub24 | HUB | $79.77 | -0.1% | +9.3% |
JB HI-FI | JBH | $76.54 | -3.7% | -13.4% |
Light & Wonder | LNW | $118.20 | -22.2% | -27.6% |
Meeka Metals | MEK | $0.170 | -26.1% | +30.8% |
Mirvac Group | MGR | $1.830 | -5.2% | -12.0% |
Myer | MYR | $0.285 | -25.0% | -63.2% |
Navigator Global | NGI | $2.12 | -28.9% | +12.8% |
Nufarm | NUF | $1.975 | -3.7% | -49.0% |
Novonix | NVX | $0.285 | -16.2% | -29.6% |
Netwealth Group | NWL | $21.50 | -3.6% | -20.4% |
Orthocell | OCC | $0.810 | -13.8% | -36.0% |
Objective Corp. | OCL | $12.28 | -8.4% | -15.7% |
Orica | ORI | $19.69 | -23.6% | +16.5% |
Pinnacle Investment | PNI | $13.73 | -21.8% | -23.7% |
Pantoro Gold | PNR | $3.46 | -28.2% | +40.4% |
Polymetals Resources | POL | $0.830 | -22.4% | +29.7% |
Perenti | PRN | $1.985 | -25.1% | +59.4% |
Regis Healthcare | REG | $6.20 | -2.7% | +0.2% |
RAM Essential Services Property Fund | REP | $0.500 | -9.1% | -13.0% |
Regal Partners | RPL | $2.57 | -12.0% | -9.2% |
Super Retail Group | SUL | $13.24 | -9.3% | 0.0% |
Syrah Resources | SYR | $0.170 | -32.0% | -22.3% |
Treasury Wine Estates | TWE | $3.94 | -25.5% | -61.2% |
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: Alliance Aviation Services (AQZ), Autosports (ASG), Bisalloy Steel (BIS), Beacon Lighting (BLX), Capricorn Metals (CMM), Cleanaway Waste Management (CWY), EQT (EQT), Fleetwood (FWD), Generation Development (GDG), Greatland Resources (GGP), Healthco Healthcare and Wellness Reit (HCW), Helloworld Travel (HLO), JB HI-FI (JBH), Netwealth (NWL), Pinnacle Investment Management (PNI), Perenti (PRN), Super Retail (SUL), Syrah Resources (SYR), Treasury Wine Estates (TWE).
10 Randomly chosen Feature Downtrend Charts:

