TECHNICAL ANALYSIS

ChartWatch ASX Scans: Evolution Mining, Bannerman Energy, Sunrise Energy Metals, Cochlear, Racura Oncology, Starpharma

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

Lead Writer and Presenter
Thu 16 Apr 2026, 09:00 AEST
4 min read
ChartWatch ASX Scans: Evolution Mining, Bannerman Energy, Sunrise Energy Metals, Cochlear, Racura Oncology, Starpharma

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: African Gold (A1G), Artrya (AYA), Bannerman Energy (BMN), Evolution Mining (EVN), Fortifai (FTI), KGL Resources (KGL), Patriot Resources (PAT), Racura Oncology (RAC), Starpharma (SPL), Sunrise Energy Metals (SRL).
  • Today’s most interesting downtrends: The A2 Milk Company (A2M), Adairs (ADH), Austal (ASB), Cochlear (COH), Fleetwood (FWD), Gentrack (GTK), GWA (GWA), Super Retail (SUL), Temple & Webster (TPW).

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 %
African Gold
A1G
$1.070
+20.2%
+970.0%
Alkane Resources
ALK
$1.875
+21.0%
+200.0%
Artrya
AYA
$4.25
+32.8%
+525.0%
Bannerman Energy
BMN
$4.23
+6.5%
+91.4%
Bluescope Steel
BSL
$28.49
+8.5%
+48.6%
Echoiq
EIQ
$1.025
+46.4%
+294.2%
Evolution Mining
EVN
$14.45
+7.0%
+117.9%
Fortifai
FTI
$0.695
+78.2%
+2144.8%
Greatland Resources
GGP
$15.10
+30.8%
0%
Kairos Minerals
KAI
$0.700
+26.1%
+145.6%
KGL Resources
KGL
$0.355
+65.1%
+290.1%
Minerals 260
MI6
$0.800
+29.0%
+540.0%
Many Peaks Minerals
MPK
$1.170
+36.8%
+225.0%
Northern Star Resources
NST
$24.69
+13.5%
+28.0%
Patriot Resources
PAT
$0.074
+54.2%
+48.0%
Paladin Energy
PDN
$13.79
+17.8%
+227.6%
Pengana Private Equity Trust
PE1
$1.750
+16.3%
+54.9%
Racura Oncology
RAC
$3.04
+40.1%
+204.0%
Regis Resources
RRL
$7.62
-0.8%
+85.0%
SKS Technologies
SKS
$5.47
+20.2%
+258.7%
Starpharma
SPL
$0.615
+50.0%
+547.4%
Sunrise Energy Metals
SRL
$12.30
+22.3%
+4455.6%
Torque Metals
TOR
$0.550
+11.1%
+461.2%
TPG Telecom
TPG
$4.33
+10.7%
+29.0%
Toubani Resources
TRE
$0.655
+45.6%
+172.9%
Victory Metals
VTM
$1.850
+36.5%
+386.8%
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: African Gold (A1G), Artrya (AYA), Bannerman Energy (BMN), Echoiq (EIQ), Evolution Mining (EVN), Fortifai (FTI), KGL Resources (KGL), Patriot Resources (PAT), Racura Oncology (RAC), Starpharma (SPL), Sunrise Energy Metals (SRL), Torque Metals (TOR).

Feature Uptrend Charts:

African Gold (ASX-A1G) Daily chart 15 April 2026 Artrya (ASX-AYA) Daily chart 15 April 2026 Bannerman Energy (ASX-BMN) Daily chart 15 April 2026 Echoiq (ASX-EIQ) Daily chart 15 April 2026 Evolution Mining (ASX-EVN) Daily chart 15 April 2026 Fortifai (ASX-FTI) Daily chart 15 April 2026 KGL Resources (ASX-KGL) Daily chart 15 April 2026 Patriot Resources (ASX-PAT) Daily chart 15 April 2026 Racura Oncology (ASX-RAC) Daily chart 15 April 2026 Starpharma (ASX-SPL) Daily chart 15 April 2026 Sunrise Energy Metals (ASX-SRL) Daily chart 15 April 2026 Torque Metals (ASX-TOR) Daily chart 15 April 2026

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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.

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Downtrends Scan List 📉

Company
Code
Last Price
1mo %
1yr %
The A2 Milk Company
A2M
$7.71
-19.5%
-3.7%
Adairs
ADH
$1.280
-15.2%
-36.3%
Aeris Resources
AIS
$0.385
-13.5%
+92.5%
Atlas Arteria
ALX
$4.27
-5.3%
-11.0%
Austal
ASB
$4.50
-7.4%
+1.4%
Accent Group
AX1
$0.685
-19.9%
-59.5%
Cochlear
COH
$172.00
-1.4%
-31.1%
EML Payments
EML
$0.365
-43.0%
-54.9%
Fleetwood
FWD
$1.670
-10.5%
-27.4%
Gentrack
GTK
$5.04
-21.7%
-45.8%
GWA
GWA
$2.06
-5.1%
-4.2%
IDP Education
IEL
$3.61
-12.0%
-56.7%
Kelly Partners
KPG
$4.82
-9.4%
-48.2%
Super Retail
SUL
$12.46
-5.9%
+0.2%
Temple & Webster
TPW
$6.52
-6.9%
-56.4%
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: The A2 Milk Company (A2M), Adairs (ADH), Austal (ASB), Cochlear (COH), Fleetwood (FWD), Gentrack (GTK), GWA (GWA), Super Retail (SUL), Temple & Webster (TPW).

Feature Downtrend Charts:

Adairs (ASX-ADH) Daily chart 15 April 2026 Austal (ASX-ASB) Daily chart 15 April 2026 Cochlear (ASX-COH) Daily chart 15 April 2026 Fleetwood (ASX-FWD) Daily chart 15 April 2026 Gentrack (ASX-GTK) Daily chart 15 April 2026 GWA (ASX-GWA) Daily chart 15 April 2026 Super Retail (ASX-SUL) Daily chart 15 April 2026 Temple & Webster (ASX-TPW) Daily chart 15 April 2026 The A2 Milk Company (ASX-A2M) Daily chart 15 April 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.

05/06/2026