TECHNICAL ANALYSIS

ChartWatch ASX Scans: Elevra Lithium, Galan Lithium, IGO, Mineral Resources, PLS Group, PMET Resources

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

Lead Writer and Presenter
Wed 14 Jan 2026, 09:00 AEDT
5 min read
ChartWatch ASX Scans: Elevra Lithium, Galan Lithium, IGO, Mineral Resources, PLS Group, PMET Resources

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: Global X Battery Tech & Lithium ETF (ACDC), Global X Defence Tech ETF (DTEC), Electro Optic Systems (EOS), Greatland Resources (GGP), Galan Lithium (GLN), Mineral Resources (MIN), Metals X (MLX), PMET (PMT), Tivan (TVN).
  • Today’s most interesting downtrends: Life360 (360), AGL Energy (AGL), Catapult Sports (CAT), Ebos (EBO), Findi (FND), GQG Partners (GQG), JB HI-FI (JBH), Netwealth (NWL), Nuix (NXL), Nextdc (NXT), Orthocell (OCC), Pro Medicus (PME), Viva Energy (VEA).

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 Battery Tech & Lithium ETF
ACDC
$153.12
+9.2%
+71.6%
Ausquest
AQD
$0.063
+14.5%
+687.5%
Alicanto Minerals
AQI
$0.170
+220.8%
+347.4%
BetaShares Global Defence ETF
ARMR
$28.44
+17.3%
+67.6%
Austal
ASB
$8.73
+30.7%
+180.7%
Aurizon Holdings
AZJ
$3.68
+4.0%
+13.2%
Beacon Minerals
BCN
$3.65
+43.5%
+315.8%
Ballard Mining
BM1
$0.750
+23.0%
0%
Challenger Gold
CEL
$0.165
+13.8%
+251.1%
Cyprium Metals
CYM
$0.595
+58.7%
+150.2%
Vaneck Global Defence ETF
DFND
$44.54
+23.2%
+86.8%
Delta Lithium
DLI
$0.255
+21.4%
+75.1%
Global X Defence Tech ETF
DTEC
$20.66
+19.9%
+91.5%
Dateline Resources
DTR
$0.340
+61.9%
+9614.3%
Echoiq
EIQ
$0.330
+29.4%
+37.5%
Elsight
ELS
$3.58
+64.2%
+784.0%
Elevra Lithium
ELV
$10.07
+55.4%
+168.5%
Emerald Resources
EMR
$6.60
+18.9%
+97.6%
Electro Optic Systems Holdings
EOS
$11.02
+129.6%
+754.3%
Global X Physical Silver
ETPMAG
$117.32
+38.4%
+161.2%
BetaShares FTSE 100 ETF
F100
$15.25
+4.5%
+23.7%
Forrestania Resources
FRS
$0.430
+62.3%
+2766.7%
Greatland Resources
GGP
$12.61
+50.8%
0%
Galan Lithium
GLN
$0.400
+60.0%
+166.7%
Global X Physical Gold
GOLD
$62.78
+7.9%
+59.1%
Green Technology Metals
GT1
$0.054
+35.0%
-12.9%
Global Uranium and Enrichment
GUE
$0.080
+23.1%
+33.3%
Havilah Resources
HAV
$0.650
+16.1%
+195.5%
IGO
IGO
$9.15
+28.9%
+83.4%
Imdex
IMD
$3.95
+22.3%
+64.6%
Immutep
IMM
$0.450
+30.4%
+36.4%
Judo Capital Holdings
JDO
$1.810
+6.2%
-2.2%
Kula Gold
KGD
$0.071
+65.1%
+1153.0%
Liontown
LTR
$2.21
+43.0%
+271.4%
Meteoric Resources
MEI
$0.210
+35.5%
+147.1%
Mineral Resources
MIN
$60.50
+17.2%
+74.7%
Metals X
MLX
$1.215
+26.6%
+179.3%
Maronan Metals
MMA
$0.560
+60.0%
+173.2%
Monadelphous Group
MND
$28.58
+12.6%
+97.1%
Mithril Silver and Gold
MTH
$0.615
+20.6%
+43.0%
Vaneck Australian Resources ETF
MVR
$45.50
+5.8%
+40.9%
New Murchison Gold
NMG
$0.062
+55.0%
+588.9%
Nexgen Energy
NXG
$16.58
+16.8%
+44.2%
Ora Banda Mining
OBM
$1.610
+26.8%
+125.2%
SPDR ASX 200 Resources ETF
OZR
$15.87
+6.4%
+36.2%
PLS Group
PLS
$4.86
+15.7%
+117.0%
Pmet Resources
PMT
$0.725
+35.5%
+85.9%
Perseus Mining
PRU
$5.94
+11.9%
+125.9%
Prospect Resources
PSC
$0.345
+60.5%
+283.3%
Power Holdings
PWH
$9.81
+27.2%
+26.6%
BetaShares Aust.n Resources ETF
QRE
$9.10
+4.7%
+35.2%
Regal Partners Global
RG1
$2.41
+13.1%
+36.5%
Regal Asian Investments
RG8
$2.90
+16.5%
+41.5%
Skycity Entertainment
SKC
$0.850
+19.7%
-30.2%
Santana Minerals
SMI
$1.090
+38.9%
+139.6%
Tribeca Global Resources
TGF
$2.76
+29.0%
+94.4%
Toro Energy
TOE
$0.510
+13.3%
+131.8%
Titan Minerals
TTM
$0.910
+19.7%
+145.9%
Tivan
TVN
$0.350
+45.8%
+218.2%
Vault Minerals
VAU
$5.80
+17.4%
+162.4%
West African Resources
WAF
$3.41
+22.7%
+136.8%
Wildcat Resources
WC8
$0.425
+34.9%
+57.4%
Whitehaven Coal
WHC
$8.27
+11.8%
+39.0%
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: Global X Battery Tech & Lithium ETF (ACDC), Alicanto Minerals (AQI), Austal (ASB), Ballard Mining (BM1), Cyprium Metals (CYM), Global X Defence Tech ETF (DTEC), Echoiq (EIQ), Elevra Lithium (ELV), Electro Optic Systems Holdings (EOS), Forrestania Resources (FRS), Greatland Resources (GGP), Galan Lithium (GLN), Havilah Resources (HAV), IGO (IGO), Imdex (IMD), Kula Gold (KGD), Mineral Resources (MIN), Metals X (MLX), Vaneck Australian Resources ETF (MVR), New Murchison Gold (NMG), Pmet Resources (PMT), Prospect Resources (PSC), Power Holdings (PWH), Regal Partners Global Investments (RG1), Skycity Entertainment Group (SKC), Santana Minerals (SMI), Tribeca Global Natural Resources (TGF), Tivan (TVN), West African Resources (WAF).

10 Randomly chosen Feature Uptrend Charts:

Austal (ASX-ASB) Daily chart 13 January 2026 Electro Optic Systems Holdings (ASX-EOS) Daily chart 13 January 2026 Elevra Lithium (ASX-ELV) Daily chart 13 January 2026 Galan Lithium (ASX-GLN) Daily chart 13 January 2026 Global X Battery Tech & Lithium ETF (ASX-ACDC) Daily chart 13 January 2026 Global X Defence Tech ETF (ASX-DTEC) Daily chart 13 January 2026 Metals X (ASX-MLX) Daily chart 13 January 2026 Mineral Resources (ASX-MIN) Daily chart 13 January 2026 Pmet Resources (ASX-PMT) Daily chart 13 January 2026 Skycity Entertainment Group (ASX-SKC) Daily chart 13 January 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 %
Life360
360
$30.67
-14.1%
+30.5%
AGL Energy
AGL
$8.88
-4.1%
-20.6%
Accent Group
AX1
$0.930
+1.6%
-61.1%
Catapult Sports
CAT
$4.10
-8.5%
+14.5%
Centuria Office Reit
COF
$1.105
-0.9%
-3.5%
CSL
CSL
$173.32
-4.6%
-39.7%
Ebos Group
EBO
$22.68
-6.0%
-32.3%
Findi
FND
$1.340
-36.2%
-82.5%
GQG Partners
GQG
$1.640
-7.6%
-15.5%
Gentrack Group
GTK
$7.16
-11.9%
-36.1%
Insurance Australia
IAG
$7.69
-1.9%
-10.3%
JB HI-FI
JBH
$90.51
-0.3%
-5.3%
Kelly Partners
KPG
$8.01
-3.8%
-23.9%
Lovisa Holdings
LOV
$28.69
-6.2%
+7.3%
Megaport
MP1
$12.41
-9.5%
+75.5%
Motorcycle Holdings
MTO
$3.04
-6.7%
+59.2%
Mayne Pharma Group
MYX
$3.01
-6.5%
-35.1%
Netwealth Group
NWL
$25.15
-5.6%
-17.3%
Nuix
NXL
$1.800
-3.0%
-69.5%
Nextdc
NXT
$12.48
-8.3%
-18.8%
Orthocell
OCC
$1.025
-4.7%
-22.9%
OFX Group
OFX
$0.495
-10.8%
-62.9%
Pro Medicus
PME
$209.66
-11.7%
-22.2%
Premier Investments
PMV
$13.30
-11.7%
-47.6%
Siteminder
SDR
$5.92
-7.2%
+0.2%
Spark New Zealand
SPK
$1.955
-0.5%
-26.5%
Telix Pharmaceuticals
TLX
$11.00
-21.4%
-54.6%
Technology One
TNE
$27.53
-1.8%
-9.0%
Temple & Webster Group
TPW
$12.78
-2.6%
-9.9%
Viva Energy Group
VEA
$1.950
-10.1%
-28.0%
Woodside Energy Group
WDS
$23.31
-5.6%
-8.2%
Wisetech Global
WTC
$67.11
-7.5%
-47.0%
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: Life360 (360), AGL Energy (AGL), Catapult Sports (CAT), Ebos Group (EBO), Findi (FND), GQG Partners (GQG), Gentrack Group (GTK), Insurance Australia Group (IAG), JB HI-FI (JBH), Kelly Partners Group Holdings (KPG), Mayne Pharma Group (MYX), Netwealth Group (NWL), Nuix (NXL), Nextdc (NXT), Orthocell (OCC), Pro Medicus (PME), Premier Investments (PMV), Temple & Webster Group (TPW), Viva Energy Group (VEA).

10 Randomly chosen Feature Downtrend Charts:

AGL Energy (ASX-AGL) Daily chart 13 January 2026 Catapult Sports (ASX-CAT) Daily chart 13 January 2026 Findi (ASX-FND) Daily chart 13 January 2026 GQG Partners (ASX-GQG) Daily chart 13 January 2026 JB HI-FI (ASX-JBH) Daily chart 13 January 2026 Life360 (ASX-360) Daily chart 13 January 2026 Nextdc (ASX-NXT) Daily chart 13 January 2026 Pro Medicus (ASX-PME) Daily chart 13 January 2026 Temple & Webster Group (ASX-TPW) Daily chart 13 January 2026 Viva Energy Group (ASX-VEA) Daily chart 13 January 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.

04/06/2026