TECHNICAL ANALYSIS

ChartWatch ASX Scans: Fortescue, Domino's Pizza, Bluescope Steel, Computershare, Nufarm, Treasury Wine Estates

Your daily dose of the most actionable uptrends and downtrends on the ASX based on expert technical analysis.

Lead Writer and Presenter
Tue 4 Aug 2026, 09:00 AEST (2h ago)
3 min read

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: Bluescope Steel (BSL), Bravura Solutions (BVS), Computershare (CPU), Domino's Pizza (DMP), Hammer Metals (HMX), Neuren Pharmaceuticals (NEU), Nufarm (NUF), Treasury Wine Estates (TWE), Web Travel (WEB).
  • Today’s most interesting downtrends: Adairs (ADH), Fortescue (FMG).

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 my ChartWatch 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 has changed!


Uptrends Scan List 📈

Company
Code
Last Price
1mo %
1yr %
Eagers Automotive
APE
$23.85
+9.1%
+28.1%
Bluescope Steel
BSL
$33.45
+6.8%
+45.3%
Bravura Solutions
BVS
$2.64
+26.9%
+26.5%
Commonwealth Bank of Australia
CBA
$177.90
+7.8%
0.0%
BetaShares Cloud Computing ETF
CLDD
$14.02
+6.8%
+0.1%
Coles
COL
$24.27
+4.3%
+17.0%
Computershare
CPU
$41.90
+6.4%
-0.6%
Domino's Pizza Enterprises
DMP
$19.73
+24.4%
+8.0%
EDU
EDU
$1.125
+6.1%
+155.7%
Flight Centre Travel
FLT
$13.33
+9.4%
+11.6%
Fisher & Paykel Healthcare
FPH
$34.48
+5.3%
+1.1%
Graincorp Class A
GNC
$5.66
+19.2%
-24.4%
Hammer Metals
HMX
$0.076
+38.2%
+162.1%
iShares Global 100 ETF
IOO
$198.47
+1.5%
+14.3%
IPH
IPH
$4.25
+9.8%
-19.0%
L1 Capital International ETF
L1IF
$6.42
+2.1%
-5.2%
Lovisa
LOV
$24.75
+11.9%
-27.5%
Macmahon
MAH
$0.970
+10.9%
+223.3%
Metals X
MLX
$1.635
+22.9%
+181.9%
National Australia Bank
NAB
$41.60
+7.9%
+6.9%
Neuren Pharmaceuticals
NEU
$18.59
+11.1%
+11.8%
Nufarm
NUF
$3.05
+16.9%
+17.8%
OOH!Media
OML
$1.575
+11.3%
-12.5%
Oncosil Medical
OSL
$1.345
+36.5%
+14.2%
PYC Therapeutics
PYC
$1.820
+18.6%
+47.9%
Treasury Wine Estates
TWE
$5.22
+14.2%
-32.0%
Westpac Banking Corp
WBC
$38.17
+6.9%
+12.9%
Web Travel
WEB
$3.51
+23.6%
-21.7%
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: Bluescope Steel (BSL), Bravura Solutions (BVS), Computershare (CPU), Domino's Pizza Enterprises (DMP), Hammer Metals (HMX), Neuren Pharmaceuticals (NEU), Nufarm (NUF), Treasury Wine Estates (TWE), Web Travel (WEB).

Feature Uptrend Charts:

Bluescope Steel (ASX-BSL) Daily chart 3 August 2026 Bravura Solutions (ASX-BVS) Daily chart 3 August 2026 Computershare (ASX-CPU) Daily chart 3 August 2026 Domino-s Pizza Enterprises (ASX-DMP) Daily chart 3 August 2026 Hammer Metals (ASX-HMX) Daily chart 3 August 2026 Neuren Pharmaceuticals (ASX-NEU) Daily chart 3 August 2026 Nufarm (ASX-NUF) Daily chart 3 August 2026 Treasury Wine Estates (ASX-TWE) Daily chart 3 August 2026 Web Travel (ASX-WEB) Daily chart 3 August 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 %
Adairs
ADH
$1.390
-7.6%
-32.2%
Brainchip
BRN
$0.125
-19.4%
-37.5%
Fortescue
FMG
$17.80
-3.1%
+0.2%
Focus Minerals
FML
$1.645
-4.9%
+344.6%
HOT Chili
HCH
$1.410
-26.9%
+130.3%
Lotus Resources
LOT
$0.235
-47.0%
-85.0%
Meeka Metals
MEK
$0.089
-22.6%
-36.4%
Maritana Minerals
MRT
$0.595
-10.5%
-13.8%
Myer
MYR
$0.210
-30.0%
-65.3%
Yancoal Australia
YAL
$5.47
-1.6%
-13.4%
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: Adairs (ADH), Fortescue (FMG).

Feature Downtrend Charts:

Adairs (ASX-ADH) Daily chart 3 August 2026 Fortescue (ASX-FMG) Daily chart 3 August 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. 3. 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. 4. 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. 5. 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.

04/08/2026