ChartWatch ASX Scans: Fortescue, Champion Iron, Metals X, 4DMEDICAL, Elsight, CSL, Resmed, Telix, Goodman Group
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
- Today’s most interesting uptrends: 4DMEDICAL (4DX), Altair Minerals (ALR), Artrya (AYA), Capral (CAA), Champion Iron (CIA), EDU (EDU), Elsight (ELS), Fortescue (FMG), Metals X (MLX), Mesoblast (MSB), Sims (SGM), Smartgroup (SIQ), VGI Partners (VG1).
- Today’s most interesting downtrends: ARN Media (A1N), Bapcor (BAP), Car (CAR), CSL (CSL), Goodman (GMG), Guzman Y Gomez (GYG), Novonix (NVX), Nextdc (NXT), Resmed (RMD), Super Retail (SUL), Telix (TLX), Treasury Wine (TWE), Vulcan Energy (VUL), Xero (XRO).
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!
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Uptrends Scan List 📈
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
4DMEDICAL | 4DX | $2.00 | +22.3% | +288.4% |
Altair Minerals | ALR | $0.026 | +23.8% | +550.0% |
Abacus Storage King | ASK | $1.500 | +7.1% | +25.0% |
Artrya | AYA | $3.93 | +7.1% | +793.2% |
Beforepay Group | B4P | $2.74 | +11.8% | +89.0% |
Capral | CAA | $13.15 | +17.4% | +30.8% |
Champion Iron | CIA | $6.02 | +11.5% | +0.8% |
Castile Resources | CST | $0.125 | +26.3% | +38.9% |
Cettire | CTT | $0.910 | +45.6% | -27.8% |
Dalrymple Bay Infrastructure | DBI | $4.54 | +3.4% | +30.1% |
Domino's Pizza Enterprises | DMP | $22.20 | +18.2% | -33.2% |
Dimerix | DXB | $0.575 | +19.8% | +57.5% |
EDU Holdings | EDU | $0.900 | +56.5% | +809.1% |
Elsight | ELS | $2.09 | +35.7% | +416.0% |
Emerald Resources | EMR | $5.40 | +3.1% | +51.3% |
Fortescue | FMG | $22.45 | +12.6% | +13.9% |
Kula Gold | KGD | $0.045 | +40.6% | +495.6% |
Metals X | MLX | $0.980 | +19.5% | +139.0% |
Mesoblast | MSB | $2.82 | +23.1% | +52.4% |
Platinum Capital | PMC | $1.740 | +7.0% | +32.5% |
Polymetals Resources | POL | $1.130 | +21.5% | +63.8% |
Global X Robotics & Automation ETF | ROBO | $94.05 | +2.2% | +19.3% |
Sims | SGM | $17.77 | +10.0% | +36.4% |
Smartgroup Corp. | SIQ | $9.06 | +9.8% | +14.6% |
VGI Global Investments | VG1 | $2.13 | +9.0% | +16.4% |
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: 4DMEDICAL (ASX: 4DX), Altair Minerals (ASX: ALR), Artrya (ASX: AYA), Capral (ASX: CAA), Champion Iron (ASX: CIA), Castile Resources (ASX: CST), EDU Holdings (ASX: EDU), Elsight (ASX: ELS), Fortescue (ASX: FMG), Metals X (ASX: MLX), Mesoblast (ASX: MSB), Platinum Capital (ASX: PMC), Sims (ASX: SGM), Smartgroup Corp. (ASX: SIQ), VGI Partners Global Investments (ASX: VG1).
10 Randomly chosen Feature Uptrend Charts:
Downtrends Scan List 📉
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
ARN Media | A1N | $0.445 | -16.0% | -36.9% |
Alpha HPA | A4N | $0.720 | -8.9% | -27.3% |
Adairs | ADH | $1.815 | -6.7% | -36.3% |
Atlas Arteria | ALX | $4.84 | -1.8% | +2.1% |
AMA Group | AMADA | $0.830 | -6.7% | +45.6% |
Austin Engineering | ANG | $0.200 | 0% | -61.5% |
Alliance Aviation Services | AQZ | $1.200 | -10.4% | -56.8% |
Accent Group | AX1 | $0.930 | -23.5% | -64.1% |
Bapcor | BAP | $1.850 | -18.9% | -58.9% |
Brainchip Holdings | BRN | $0.175 | -2.8% | -28.6% |
Car Group | CAR | $32.38 | -5.8% | -20.5% |
Catapult Sports | CAT | $4.55 | -25.4% | +23.0% |
CSL | CSL | $181.82 | +1.6% | -35.5% |
Dexus Convenience Retail Reit | DXC | $2.82 | -3.4% | -3.1% |
Generation Development Group | GDG | $5.96 | -9.6% | +62.4% |
Goodman Group | GMG | $29.28 | -4.0% | -20.9% |
Guzman Y Gomez | GYG | $21.45 | -13.3% | -50.7% |
Inghams Group | ING | $2.45 | +2.1% | -22.7% |
JB HI-FI | JBH | $92.92 | -5.0% | -0.5% |
Kelly Partners Group Holdings | KPG | $8.22 | -7.8% | -13.1% |
Magnetic Resources | MAU | $1.145 | -10.5% | -11.9% |
Mirvac Group | MGR | $2.04 | -10.9% | -6.0% |
Macquarie Group | MQG | $194.91 | -5.4% | -16.6% |
Myer Holdings | MYR | $0.425 | +6.3% | -64.1% |
Novonix | NVX | $0.425 | -13.3% | -38.0% |
Nextdc | NXT | $13.78 | -8.4% | -15.3% |
Orthocell | OCC | $1.015 | -8.1% | +16.7% |
Origin Energy | ORG | $11.53 | -3.5% | +8.6% |
Qantas Airways | QAN | $9.73 | 0% | +11.8% |
Qualitas Real Estate Income Fund | QRI | $1.565 | -2.2% | -4.8% |
REA Group | REA | $191.81 | -8.3% | -24.8% |
Resmed Inc | RMD | $37.51 | -2.7% | -1.2% |
Reliance Worldwide Corp. | RWC | $3.95 | -0.3% | -26.6% |
SGH | SGH | $45.31 | -1.2% | -7.9% |
Superloop | SLC | $2.63 | -12.9% | +15.9% |
Washington H. Soul Pattinson | SOL | $36.08 | -4.5% | +2.4% |
Santos | STO | $6.41 | -0.2% | -3.9% |
Super Retail Group | SUL | $15.52 | -3.1% | +5.1% |
Sovereign Metals | SVM | $0.515 | -10.4% | -34.8% |
Telix Pharmaceuticals | TLX | $14.32 | -6.5% | -41.8% |
Technology One | TNE | $28.40 | -21.7% | -11.2% |
Temple & Webster Group | TPW | $13.53 | -39.5% | +3.5% |
Treasury Wine Estates | TWE | $5.64 | -2.3% | -51.0% |
Vulcan Energy Resources | VUL | $3.98 | -20.1% | -33.0% |
XRF Scientific | XRF | $1.805 | -7.9% | -5.2% |
Xero | XRO | $117.29 | -18.0% | -34.0% |
Block | XYZ | $91.25 | -10.3% | -40.2% |
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: ARN Media (ASX: A1N), Accent Group (ASX: AX1), Bapcor (ASX: BAP), Car Group (ASX: CAR), CSL (ASX: CSL), Goodman Group (ASX: GMG), Guzman Y Gomez (ASX: GYG), Inghams Group (ASX: ING), Kelly Partners Group Holdings (ASX: KPG), Magnetic Resources (ASX: MAU), Novonix (ASX: NVX), Nextdc (ASX: NXT), Resmed Inc (ASX: RMD), Reliance Worldwide Corp. (ASX: RWC), SGH (ASX: SGH), Super Retail Group (ASX: SUL), Telix Pharmaceuticals (ASX: TLX), Temple & Webster Group (ASX: TPW), Treasury Wine Estates (ASX: TWE), Vulcan Energy Resources (ASX: VUL), XRF Scientific (ASX: XRF), Xero (ASX: XRO).
10 Randomly chosen Feature Downtrend Charts:
Important considerations when 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.

