TECHNICAL ANALYSIS

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.

Lead Writer and Presenter
Mon 16 Mar 2026, 09:00 AEDT
4 min read
ChartWatch ASX Scans: Droneshield, Electro Optic Systems, Dateline Resources, Omega Oil & Gas, JB HI-FI, Netwealth

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:

Dateline Resources (ASX-DTR) Daily chart 13 March 2026 Droneshield (ASX-DRO) Daily chart 13 March 2026 Electro Optic Systems (ASX-EOS) Daily chart 13 March 2026 EQ Resources (ASX-EQR) Daily chart 13 March 2026 Lindian Resources (ASX-LIN) Daily chart 13 March 2026 Omega Oil & Gas (ASX-OMA) Daily chart 13 March 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 %
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:

Alliance Aviation Services (ASX-AQZ) Daily chart 13 March 2026 Beacon Lighting Group (ASX-BLX) Daily chart 13 March 2026 Capricorn Metals (ASX-CMM) Daily chart 13 March 2026 Cleanaway Waste Management (ASX-CWY) Daily chart 13 March 2026 EQT (ASX-EQT) Daily chart 13 March 2026 Fleetwood (ASX-FWD) Daily chart 13 March 2026 Generation Development Group (ASX-GDG) Daily chart 13 March 2026 JB HI-FI (ASX-JBH) Daily chart 13 March 2026 Super Retail Group (ASX-SUL) Daily chart 13 March 2026 Treasury Wine Estates (ASX-TWE) Daily chart 13 March 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.

16/06/2026