TECHNICAL ANALYSIS

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.

Lead Writer and Presenter
Wed 10 Dec 2025, 09:00 AEDT
4 min read
ChartWatch ASX Scans: Fortescue, Champion Iron, Metals X, 4DMEDICAL, Elsight, CSL, Resmed, Telix, Goodman Group

Source: Shutterstock

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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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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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:

4DMEDICAL (ASX-4DX) Daily chart 9 December 2025 Artrya (ASX-AYA) Daily chart 9 December 2025 Castile Resources (ASX-CST) Daily chart 9 December 2025 Champion Iron (ASX-CIA) Daily chart 9 December 2025 EDU Holdings (ASX-EDU) Daily chart 9 December 2025 Fortescue (ASX-FMG) Daily chart 9 December 2025 Metals X (ASX-MLX) Daily chart 9 December 2025 Platinum Capital (ASX-PMC) Daily chart 9 December 2025 Smartgroup Corp. (ASX-SIQ) Daily chart 9 December 2025

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:

Accent Group (ASX-AX1) Daily chart 9 December 2025 Bapcor (ASX-BAP) Daily chart 9 December 2025 CSL (ASX-CSL) Daily chart 9 December 2025 Goodman Group (ASX-GMG) Daily chart 9 December 2025 Guzman Y Gomez (ASX-GYG) Daily chart 9 December 2025 Nextdc (ASX-NXT) Daily chart 9 December 2025 Resmed Inc (ASX-RMD) Daily chart 9 December 2025 Super Retail Group (ASX-SUL) Daily chart 9 December 2025 Treasury Wine Estates (ASX-TWE) Daily chart 9 December 2025 Xero (ASX-XRO) Daily chart 9 December 2025
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.

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.

17/06/2026