TECHNICAL ANALYSIS

ChartWatch ASX Scans: Fortescue, Goodman Group, Elsight, Graincorp, PYC Therapeutics, Select Harvests, Worley

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

Lead Writer and Presenter
Thu 3 Sept 2026, 09:00 AEST (32m ago)
3 min read
ChartWatch ASX Scans: Fortescue, Goodman Group, Elsight, Graincorp, PYC Therapeutics, Select Harvests, Worley

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: AMP (AMP), APA (APA), Bapcor (BAP), BetaShares GLB Agriculture Comp ETF (FOOD), Gateway Mining (GML), Graincorp Class A (GNC), The Koala Company (KOA), PYC Therapeutics (PYC), Select Harvests (SHV).
  • Today’s most interesting downtrends: Life360 (360), Aussie Broadband (ABB), Arafura Rare Earths (ARU), Elsight (ELS), Fortescue (FMG), Goodman Group (GMG), Macquarie Technology (MAQ), Nextdc (NXT), Sonic Healthcare (SHL), Weebit Nano (WBT), Worley (WOR).

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 technical model 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 %
Mkt Cap
AIC Mines
A1M
$0.835
+12.8%
+153.0%
$666.0m
AMP
AMP
$2.47
+14.4%
+47.5%
$6.0b
Ansell
ANN
$41.44
+22.4%
+19.8%
$5.8b
APA
APA
$10.99
+6.7%
+23.6%
$14.5b
Bapcor
BAP
$0.815
+89.5%
-72.6%
$548.3m
BCI Minerals
BCI
$0.540
+22.7%
+56.5%
$1.6b
COG Financial Services
COG
$1.615
+17.0%
-4.4%
$344.4m
DXN
DXN
$0.395
+139.4%
+558.3%
$148.1m
BetaShares Agriculture ETF
FOOD
$8.51
+7.2%
+18.2%
$79.7m
Gateway Mining
GML
$0.090
+76.5%
+221.4%
$209.1m
Graincorp Class A
GNC
$6.95
+25.7%
-13.3%
$1.5b
The Koala Company
KOA
$4.56
+47.1%
0%
$413.5m
PYC Therapeutics
PYC
$2.43
+21.8%
+92.1%
$2.4b
South32
S32
$5.15
+10.0%
+88.6%
$23.1b
Select Harvests
SHV
$4.82
+15.3%
+26.5%
$681.4m
Solstice Minerals
SLS
$2.36
+7.3%
+926.1%
$406.3m
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:

Feature Uptrend Charts:

AMP (ASX-AMP) Daily chart 2 September 2026 APA (ASX-APA) Daily chart 2 September 2026 Bapcor (ASX-BAP) Daily chart 2 September 2026 BetaShares GLB Agriculture Comp ETF (ASX-FOOD) Daily chart 2 September 2026 Gateway Mining (ASX-GML) Daily chart 2 September 2026 Graincorp Class A (ASX-GNC) Daily chart 2 September 2026 The Koala Company (ASX-KOA) Daily chart 2 September 2026 PYC Therapeutics (ASX-PYC) Daily chart 2 September 2026 Select Harvests (ASX-SHV) Daily chart 2 September 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 %
Mkt Cap
Life360
360
$19.20
-32.6%
-57.9%
$5.5b
Aussie Broadband
ABB
$4.19
-15.4%
-18.6%
$1.3b
Australian Ethical
AEF
$4.24
-2.8%
-44.5%
$482.6m
Alurion Resources
ALU
$0.620
-27.1%
0%
$126.9m
Amotiv
AOV
$6.23
-13.0%
-36.2%
$833.9m
Arena Reit
ARF
$2.25
-30.3%
-44.9%
$918.7m
Arafura Rare Earths
ARU
$0.190
+2.7%
+5.6%
$1.2b
Baby Bunting
BBN
$1.135
+0.4%
-59.9%
$155.3m
Cromwell Property
CMW
$0.375
-13.8%
-18.5%
$982.1m
Cettire
CTT
$0.215
-4.4%
-27.1%
$82.0m
Ebos
EBO
$16.93
-7.0%
-43.3%
$3.5b
Elsight
ELS
$4.71
-28.3%
+177.9%
$1.0b
Fortescue
FMG
$16.61
-8.1%
-10.3%
$51.1b
Goodman Group
GMG
$26.65
-11.8%
-21.6%
$54.8b
Genusplus
GNP
$8.15
-9.3%
+55.5%
$1.7b
GQG Partners
GQG
$1.235
-11.8%
-29.0%
$3.6b
Iress
IRE
$5.43
-23.1%
-36.5%
$1.0b
Jupiter Mines
JMS
$0.250
-5.7%
+6.4%
$491.5m
Kogan.Com
KGN
$3.45
-21.9%
-12.9%
$327.0m
Lotus Resources
LOT
$0.235
-2.1%
-83.9%
$128.6m
Larvotto Resources
LRV
$1.080
-11.5%
+61.2%
$560.9m
MA Financial
MAF
$5.35
-8.7%
-44.8%
$1.1b
Macquarie Technology
MAQ
$54.67
-14.7%
-8.3%
$1.4b
Magellan Financial
MFG
$8.31
-17.5%
-18.7%
$2.4b
Netwealth
NWL
$20.31
-12.6%
-38.1%
$5.0b
Nextdc
NXT
$12.72
-9.4%
-8.0%
$9.7b
Pinnacle Investment
PNI
$14.28
-19.6%
-30.4%
$3.4b
Qualitas
QAL
$2.83
-10.4%
-23.9%
$853.0m
Qantas Airways
QAN
$9.23
-10.3%
-19.0%
$14.0b
Regis Healthcare
REG
$5.89
-5.3%
-24.3%
$1.8b
Regal Partners
RPL
$2.41
-16.0%
-10.7%
$945.3m
Sonic Healthcare
SHL
$18.73
-15.2%
-21.9%
$9.3b
Storage King
SKG
$1.135
-12.0%
-20.1%
$1.5b
Saluda Medical
SLD
$0.420
-27.6%
0%
$105.8m
Servcorp
SRV
$6.06
-6.5%
-12.3%
$604.9m
Strickland Metals
STK
$0.078
-3.7%
-46.2%
$205.9m
Transurban
TCL
$13.76
-7.7%
-6.1%
$42.9b
Titomic
TTT
$0.130
-21.2%
-48.0%
$209.0m
Tivan
TVN
$0.225
-8.2%
+114.3%
$525.6m
Weebit Nano
WBT
$3.46
-21.0%
+22.3%
$831.9m
Worley
WOR
$9.82
-9.7%
-32.3%
$4.8b
Wisetech Global
WTC
$37.65
-0.6%
-61.7%
$12.7b
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:

10 Randomly chosen Feature Downtrend Charts:

Elsight (ASX-ELS) Daily chart 2 September 2026 Fortescue (ASX-FMG) Daily chart 2 September 2026 Goodman Group (ASX-GMG) Daily chart 2 September 2026 GQG Partners (ASX-GQG) Daily chart 2 September 2026 MA Financial (ASX-MAF) Daily chart 2 September 2026 Macquarie Technology (ASX-MAQ) Daily chart 2 September 2026 Magellan Financial (ASX-MFG) Daily chart 2 September 2026 Pinnacle Investment Management (ASX-PNI) Daily chart 2 September 2026 Sonic Healthcare (ASX-SHL) Daily chart 2 September 2026 Weebit Nano (ASX-WBT) Daily chart 2 September 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.

03/09/2026