ChartWatch ASX Scans: Energy transition in focus with Brazilian Rare Earths, Chalice Mining, Capstone Copper and Aura Energy
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 uptrends in today's Scans: Aussie Broadband (ABB), Boab Metals (BML), Brazilian Rare Earths (BRE), Catapult (CAT), Chalice Mining (CHN), Capstone Copper (CSC), Felix Gold (FXG), Physical Gold ETF (GOLD), Metal Powder Works (MPW), SRG (SRG).
- Interesting downtrends in today's Scans: Audinate (AD8), Bapcor (BAP), CSL (CSL), DigiCo (DGT), Domino's Pizza (DMP), James Hardie (JHX), Karoon (KAR), Lendlease (LLC), Netwealth Group (NWL), Treasury Wine (TWE), Woodside Energy (WDS), Woolworths (WOW).
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It's days like this I relish being a trend follower. SPOILT FOR CHOICE! 😍
As you scroll down to today's Uptrends and Downtrends Scan Lists you will see 100 fantastic uptrends and 39 fantastic downtrends. It really doesn't get much better than that in a bull market – because we are typically lacking the ability to find quality shorts to balance out our long-side exposure.
I could gush about the potential longs in the Uptrends List – of which many have appeared repeatedly over the last few weeks, and in some cases, months – but the quality of the shorts must be acknowledged first and foremost. I note here some of ChartWatch ASX Scans most consistent downtrends ever identified in the likes of:
Audinate Group (AD8) (45x Feature Downtrend)
CSL (CSL) (38x Feature Downtrend)
Domino's Pizza Enterprises (DMP) (56x Feature Downtrend)
The Star Entertainment Group (SGR) (29x Feature Downtrend)
Skycity Entertainment (SKC) (32x Feature Downtrend)
Treasury Wine Estates (TWE) (23x Feature Downtrend)
I guess if you're a short seller, and you're on a terrible thing... stick to it! Of course, you don't have to be a short seller to benefit from the Downtrends Scan List. You may wish to use this list to simply spot stocks to cull from your portfolio, or perhaps more importantly – not to catch the falling sword on! ⚔️
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.
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 % |
|---|---|---|---|---|
Aussie Broadband | ABB | $5.61 | +23.8% | +50.6% |
Adairs | ADH | $2.87 | +23.7% | +60.3% |
Aura Energy | AEE | $0.255 | +59.4% | +96.2% |
Amplitude Energy | AEL | $0.275 | +10.0% | +44.7% |
Australian Finance Group | AFG | $2.78 | +13.0% | +70.0% |
Aeris Resources | AIS | $0.365 | +82.5% | +135.5% |
Alkane Resources | ALK | $1.060 | +14.6% | +146.5% |
ALS | ALQ | $19.94 | +4.1% | +33.7% |
Eagers Automotive | APE | $28.29 | +25.3% | +179.3% |
Baby Bunting Group | BBN | $3.13 | +30.4% | +92.0% |
Black Cat Syndicate | BC8 | $1.225 | +40.8% | +218.2% |
BCI Minerals | BCI | $0.395 | +14.5% | +31.7% |
Betmakers Technology Group | BET | $0.205 | +46.4% | +127.8% |
BetaShares Global Shares ETF | BGBL | $79.20 | +0.6% | +20.4% |
Barton Gold | BGD | $0.970 | +23.6% | +295.9% |
Broken Hill Mines | BHM | $0.660 | +26.9% | +77.8% |
Bisalloy Steel Group | BIS | $5.60 | +28.1% | +44.9% |
Boab Metals | BML | $0.360 | +125.0% | +318.6% |
Brazilian Rare Earths | BRE | $3.77 | +83.9% | +39.6% |
Bravura Solutions | BVS | $2.44 | +7.0% | +98.3% |
Catapult Group International | CAT | $7.09 | +16.6% | +199.2% |
Cobram Estate Olives | CBO | $3.34 | +16.8% | +102.4% |
Challenger Gold | CEL | $0.130 | +13.0% | +160.0% |
Charter Hall Group | CHC | $23.33 | +2.0% | +47.8% |
Chalice Mining | CHN | $1.905 | +15.8% | +50.0% |
Cromwell Property Group | CMW | $0.490 | +14.0% | +12.6% |
Charter Hall Social Infrastructure Reit | CQE | $3.45 | +1.5% | +21.9% |
Capstone Copper Corp. | CSC | $11.58 | +13.9% | +17.6% |
Clearview Wealth | CVW | $0.575 | +25.0% | +4.5% |
Vaneck Global Defence ETF | DFND | $37.84 | +7.5% | +86.0% |
Global X Defence Tech ETF | DTEC | $17.95 | +6.8% | 0% |
Dateline Resources | DTR | $0.320 | +52.4% | +5233.3% |
Duratec | DUR | $2.01 | +36.3% | +42.0% |
Energy One | EOL | $17.95 | +24.7% | +268.6% |
Global X Silver ETF | ETPMAG | $59.02 | +8.6% | +39.7% |
Global X Precious Metal Basket | ETPMPM | $330.82 | +6.0% | +39.0% |
Evolution Mining | EVN | $9.50 | +17.3% | +115.4% |
Global X Fang+ ETF | FANG | $36.29 | +5.6% | +42.0% |
Frontier Digital Ventures | FDV | $0.395 | +31.7% | +2.6% |
Fenix Resources | FEX | $0.430 | +22.9% | +62.3% |
Focus Minerals | FML | $0.970 | +132.3% | +592.9% |
Finbar Group | FRI | $0.840 | +19.1% | +3.1% |
Forrestania Resources | FRS | $0.290 | +87.1% | +974.1% |
Felix Gold | FXG | $0.555 | +246.9% | +593.8% |
G50 Corp | G50 | $0.365 | +35.2% | +121.2% |
Great Boulder Resources | GBR | $0.074 | +23.3% | +60.9% |
Generation Development | GDG | $7.40 | +17.6% | +164.0% |
Vaneck Gold Miners ETF | GDX | $104.71 | +15.8% | +78.1% |
Gateway Mining | GML | $0.065 | +150.0% | +182.6% |
Graincorp | GNC | $8.89 | +9.9% | +0.3% |
Genusplus Group | GNP | $6.21 | +31.3% | +172.4% |
Global X Physical Gold ETF | GOLD | $50.99 | +7.0% | +44.7% |
Growthpoint Properties | GOZ | $2.61 | +6.1% | -5.4% |
Hansen Technologies | HSN | $6.22 | +11.1% | +43.0% |
Island Pharmaceuticals | ILA | $0.435 | +93.3% | +559.1% |
iShares S&P 500 ETF | IVV | $67.10 | +1.1% | +20.4% |
JB HI-FI | JBH | $118.94 | -0.9% | +48.5% |
Kelsian Group | KLS | $5.02 | +28.4% | +26.4% |
LTR Pharma | LTP | $0.735 | +104.2% | -57.1% |
MA Financial Group | MAF | $9.60 | +1.9% | +81.1% |
Meeka Metals | MEK | $0.200 | +42.9% | +292.2% |
Mineral Resources | MIN | $38.86 | +5.4% | +2.7% |
Metals X | MLX | $0.660 | +13.8% | +55.3% |
Medallion Metals | MM8 | $0.510 | +70.0% | +880.8% |
Monadelphous Group | MND | $21.86 | +5.2% | +78.0% |
Metal Powder Works | MPW | $4.80 | +71.4% | -40.9% |
Macquarie Core Global Equity Active ETF | MQEG | $12.88 | +1.2% | +23.4% |
National Australia Bank | NAB | $43.79 | +3.3% | +12.7% |
Nick Scali | NCK | $24.13 | +2.7% | +56.4% |
Newmont Corporation | NEM | $119.21 | +11.3% | +52.4% |
New Murchison Gold | NMG | $0.030 | +76.5% | +400.0% |
Ophir High Conviction Fund | OPH | $3.44 | +8.9% | +30.3% |
Patriot Battery Metals | PMT | $0.430 | 0% | +7.5% |
Pantoro | PNR | $5.31 | +24.4% | +149.9% |
Perseus Mining | PRU | $4.30 | +19.8% | +67.3% |
Qoria | QOR | $0.665 | +3.9% | +87.3% |
Race Oncology | RAC | $3.10 | +162.7% | +82.4% |
Redox | RDX | $2.88 | +10.8% | -10.3% |
Regal Investment Fund | RF1 | $3.30 | +9.3% | +3.4% |
Rural Funds Group | RFF | $2.01 | +3.1% | +0.5% |
Resimac Group | RMC | $1.080 | +16.8% | +37.6% |
Global X Robotics & Automation ETF | ROBO | $87.92 | +2.9% | +25.8% |
Resolute Mining | RSG | $0.840 | +15.9% | +15.9% |
Rox Resources | RXL | $0.440 | +27.5% | +252.0% |
Ricegrowers | SGLLV | $16.52 | +8.5% | +97.4% |
St George Mining | SGQ | $0.095 | +150.0% | +295.8% |
SRG Global | SRG | $2.06 | +12.0% | +97.1% |
Servcorp | SRV | $7.30 | +6.4% | +51.5% |
Southern Cross Electrical Engineering | SXE | $2.09 | +11.8% | +10.6% |
Tribeca Global Natural Resources | TGF | $1.750 | +20.7% | +14.8% |
Torque Metals. | TOR | $0.330 | +17.9% | +214.3% |
Tesoro Gold | TSO | $0.063 | +75.0% | +142.3% |
VGI Partners Global Investments | VG1 | $1.850 | +3.9% | 0% |
Vanguard MSCI Index International Shares ETF | VGS | $149.92 | +0.6% | +18.9% |
Vanguard MSCI International Small Co's ETF | VISM | $73.62 | +2.7% | +14.8% |
Weebit Nano | WBT | $3.20 | +10.7% | +70.7% |
Westgold Resources | WGX | $3.97 | +22.9% | +48.7% |
WIA Gold | WIA | $0.345 | +7.8% | +155.6% |
Global X Copper Miners ETF | WIRE | $16.18 | +12.8% | +31.0% |
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: Aussie Broadband (ASX: ABB), Adairs (ASX: ADH), Aura Energy (ASX: AEE), Australian Finance Group (ASX: AFG), ALS (ASX: ALQ), Eagers Automotive (ASX: APE), Baby Bunting Group (ASX: BBN), Black Cat Syndicate (ASX: BC8), Boab Metals (ASX: BML), Brazilian Rare Earths (ASX: BRE), Catapult Group International (ASX: CAT), Chalice Mining (ASX: CHN), Capstone Copper Corp. (ASX: CSC), Energy One (ASX: EOL), Forrestania Resources (ASX: FRS), Felix Gold (ASX: FXG), Generation Development Group (ASX: GDG), Global X Physical Gold ETF (ASX: GOLD), Hansen Technologies (ASX: HSN), Meeka Metals (ASX: MEK), Medallion Metals (ASX: MM8), Metal Powder Works (ASX: MPW), Race Oncology (ASX: RAC), Rox Resources (ASX: RXL), Ricegrowers (ASX: SGLLV), SRG Global (ASX: SRG), Tesoro Gold (ASX: TSO).
10 Randomly chosen Feature Uptrend Charts:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Audinate Group | AD8 | $4.48 | -11.3% | -53.1% |
Amotiv | AOV | $8.86 | -8.6% | -14.3% |
Bapcor | BAP | $3.21 | -21.9% | -34.8% |
Beach Energy | BPT | $1.160 | -6.8% | +2.2% |
CSL | CSL | $198.37 | -12.2% | -33.0% |
DigiCo REIT | DGT | $2.82 | -0.4% | 0% |
Domino's Pizza | DMP | $14.01 | -28.7% | -56.4% |
Ebos Group | EBO | $24.93 | -33.1% | -25.3% |
Endeavour Group | EDV | $3.66 | -14.3% | -27.8% |
EQT | EQT | $26.58 | -16.4% | -9.3% |
EVT | EVT | $13.32 | -23.0% | +26.5% |
Flight Centre Travel | FLT | $12.09 | -8.0% | -42.0% |
GQG Partners | GQG | $1.670 | -8.7% | -36.0% |
Healthco Health & Wellness Reit | HCW | $0.685 | -12.2% | -41.7% |
HMC Capital | HMC | $3.43 | -9.5% | -57.6% |
Imugene | IMU | $0.305 | +10.9% | -82.4% |
Inghams Group | ING | $2.52 | -29.0% | -14.9% |
IPH | IPH | $3.85 | -14.4% | -35.7% |
James Hardie Industries | JHX | $28.86 | -0.4% | -45.9% |
Karoon Energy | KAR | $1.595 | -12.4% | +8.1% |
Kogan.Com | KGN | $3.65 | -10.5% | -24.3% |
Lindsay Australia | LAU | $0.650 | -13.9% | -30.9% |
Lendlease Group | LLC | $5.32 | -6.7% | -25.9% |
Magnetic Resources | MAU | $1.300 | 0% | -2.6% |
New Hope Corporation | NHC | $4.19 | -6.3% | -3.0% |
Nufarm | NUF | $2.34 | -7.5% | -39.1% |
Novonix | NVX | $0.460 | -7.1% | -16.4% |
Netwealth Group | NWL | $30.60 | -14.5% | +30.2% |
OFX Group | OFX | $0.800 | -5.9% | -62.3% |
Pinnacle Investment | PNI | $18.61 | -11.9% | +9.6% |
Perpetual | PPT | $19.10 | -11.9% | +2.9% |
Reece | REH | $10.32 | -26.6% | -63.1% |
The Star Entertainment Group | SGR | $0.100 | -4.8% | -79.2% |
Skycity Entertainment | SKC | $0.590 | -30.5% | -51.9% |
Sovereign Metals | SVM | $0.650 | -14.5% | +7.4% |
Treasury Wine Estates | TWE | $7.38 | -9.4% | -34.3% |
Woodside Energy Group | WDS | $23.03 | -13.1% | -4.6% |
WEB Travel Group | WEB | $4.12 | -8.4% | -37.3% |
Woolworths Group | WOW | $27.38 | -18.5% | -21.9% |
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), Bapcor (ASX: BAP), CSL (ASX: CSL), DigiCo REIT (ASX: DGT), Domino's Pizza Enterprises (ASX: DMP), Ebos Group (ASX: EBO), EQT (ASX: EQT), EVT (ASX: EVT), Flight Centre Travel Group (ASX: FLT), GQG Partners (ASX: GQG), Inghams Group (ASX: ING), IPH (ASX: IPH), James Hardie Industries (ASX: JHX), Karoon Energy (ASX: KAR), Kogan.Com (ASX: KGN), Lendlease Group (ASX: LLC), Netwealth Group (ASX: NWL), OFX Group (ASX: OFX), Reece (ASX: REH), Treasury Wine Estates (ASX: TWE), Woodside Energy Group (ASX: WDS), Woolworths Group (ASX: WOW).
10 Randomly chosen Feature Downtrend Charts:
Important considerations when using the ChartWatch Daily ASX Scans:
1. 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!!!

