TECHNICAL ANALYSIS

ChartWatch ASX Scans: Mineral Resources and Pilbara Minerals are on the comeback trail as Domino's falls

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

Lead Writer and Presenter
Thu 28 Aug 2025, 09:00 AEST
โˆ™6 min read
ChartWatch ASX Scans: Mineral Resources and Pilbara Minerals are on the comeback trail as Domino's falls

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today's Scans: Alkane (ALK), Austal (ASB), Barton Gold (BGD), BHP (BHP), Capricorn Metals (CMM), Coles (COL), Electro Optic Systems (EOS), Falcon Metals (FAL), Mineral Resources (MIN), Pilbara Minerals (PLS), St Barbara (SBM).
  • Interesting downtrends in today's Scans: Audinate Group (AD8), Endeavour Group (EDV), Ebos Group (EBO), Inghams Group (ING), Domino's Pizza Enterprises (DMP), Stanmore Resources (SMR), Xero (XRO), Reece (REH), Yancoal Australia (YAL).

There were plenty of headlines banging around yesterday about Domino's Pizza Enterprises (DMP) surprising analysts with another disappointing set of results. Can I say, that the only investors surprised by DMP's results and corresponding 22% plunge โ€“ were those who failed to, or did not know how to read a chart!

Domino-s Pizza Enterprises (ASX-DMP) daily chart 27 August 2025
Domino's Pizza Enterprises (DMP) chart - if only there was a way for investors to tell it was in trouble before the results!? ๐Ÿค”

Because there isn't a single regular reader of ChartWatch ASX Scans who would've been surprised by DMP's fall yesterday โ€“ indeed, most would have expected it. But, earnings season presents a significant challenge to even trend followers like me. There have been several stocks that I'd argue did indeed surprise analysts with disappointing results โ€“ they'd be the ones that were in uptrends prior to their results โ€“ and then plunged afterwards ๐Ÿ’ฅ.

EVT (EVT) Chart 27 August 2025
An example of a stock that did surprise analysts in a bad way. EVT (EVT) was a stalwart of the Uptrends Scan List prior to it's earnings release and subsequent fall โ€“ but this is part and parcel of trend trading โ€“ taking the good with the bad!

You see, I find that more often than not ("MOTN") a stock's price tends to move in the direction of the trend it was travelling in prior to earnings. This is because if a stock is in a strong uptrend, it's likely because its business is booming and analysts know it. Its earnings usually confirm this, and often, much more.

Lovisa Holdings (LOV) chart 27 August 2025
But more often than not, the outcomes tends to be good... If a stock is in an uptrend, it's likely because it's a fantastic business, take Lovisa's (LOV) post-earnings jump. It has also been an Uptrends Scan List stalwart.

Just as much as an uptrend generally signals a stock with strong fundamentals, a downtrend usually signals the opposite โ€“ and again, the analysts are already wise to this. Struggling companies rarely have charts with fantastic uptrends, as it seems DMP shareholders have been reminded! ๐Ÿคฆ

But, trends can and do change. Not usually from charts that look like DMP's, though. At least not at first. They typically go through a basing pattern as demand steps into neutralise the prevailing environment of excess demand. Then, short term uptrends emerge, peaks and troughs begin to rise, and candles swing back to white and downward pointing shadows... ๐Ÿ“‰๐Ÿ“ˆ

Two stocks that not very long ago were regulars in the Downtrends Scan Lists have reappeared in the Uptrends Scan List today โ€“ lithium majors Mineral Resources (MIN) and Pilbara Minerals (PLS). I'll let you scroll down to check out their charts, as well as the rest of what is a very large Feature Uptrend group.


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.

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 โ€“ 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 โ€“ they'll keep appearing. But note, there won't be any notifications when they don't โ€“ so you'll have to do your own research on when a particular trend changes!


Uptrends Scan List

Company
Code
Last Price
1mo %
1yr %
The A2 Milk Company
A2M
$9.29
+14.8%
+61.0%
Global X Battery Tech & Lithium ETF
ACDC
$106.57
+7.2%
+32.9%
Alkane Resources
ALK
$1.040
+46.5%
+147.6%
Eagers Automotive
APE
$22.55
+18.5%
+119.6%
Austal
ASB
$7.12
+13.0%
+206.9%
Ausgold
AUC
$0.875
+56.3%
+136.5%
Aurum Resources
AUE
$0.610
+29.8%
+64.9%
Baby Bunting Group
BBN
$2.61
+45.8%
+61.1%
Barton Gold
BGD
$0.875
+26.8%
+250.0%
BHP Group
BHP
$43.22
+6.9%
+6.3%
Brickworks
BKW
$35.23
+7.5%
+33.1%
Balkan Mining
BMM
$0.275
+358.3%
+374.1%
Catapult Group International
CAT
$6.43
-3.5%
+209.1%
Chalice Mining
CHN
$1.830
+6.4%
+62.7%
Capricorn Metals
CMM
$10.56
+16.0%
+75.7%
Vaneck China New Economy ETF
CNEW
$8.46
+12.2%
+62.7%
Chorus
CNU
$8.85
+12.0%
+21.9%
Coles Group
COL
$23.38
+15.2%
+25.9%
Data#3
DTL
$9.06
+20.3%
+12.0%
Dateline Resources
DTR
$0.265
+120.8%
+2844.4%
Dorsavi
DVL
$0.043
+79.2%
+207.1%
Deep Yellow
DYL
$1.770
+13.5%
+77.0%
EDU
EDU
$0.515
+17.0%
+202.9%
Emeco
EHL
$1.050
+16.7%
+28.8%
Electro Optic Systems
EOS
$6.12
+94.9%
+238.1%
Eroad
ERD
$2.20
+59.4%
+83.3%
Falcon Metals
FAL
$0.950
+97.9%
+233.3%
Fineos Corporation
FCL
$3.04
+14.7%
+126.9%
Firetrail Aust Small Co's ETF
FSML
$2.08
+10.3%
0%
Gateway Mining
GML
$0.045
+80.0%
+95.7%
Hipages Group
HPG
$1.315
+34.2%
+13.4%
IPD Group
IPG
$4.32
+17.7%
-7.7%
Iperionx
IPX
$7.13
+14.1%
+230.1%
Kelsian Group
KLS
$5.02
+29.0%
+0.2%
Kina Securities
KSL
$1.390
+4.1%
+36.3%
Lumos Diagnostics
LDX
$0.130
+94.0%
+246.4%
MA Financial Group
MAF
$9.39
+15.5%
+82.3%
Mineral Resources
MIN
$37.45
+24.4%
-16.4%
Medallion Metals
MM8
$0.325
+35.4%
+480.4%
Monadelphous Group
MND
$21.40
+12.6%
+63.6%
Megaport
MP1
$16.53
+13.5%
+84.9%
Metal Powder Works
MPW
$3.72
+109.0%
-52.3%
Mithril Resources
MTH
$0.665
+30.4%
+478.3%
Motorcycle Holdings
MTO
$3.65
+5.8%
+196.7%
Vaneck Small Companies ETF
MVS
$22.31
+9.5%
+14.2%
Neuren Pharmaceuticals
NEU
$19.00
+13.8%
+22.4%
New Murchison Gold
NMG
$0.020
+11.1%
+233.3%
Nanoveu
NVU
$0.105
+45.8%
+275.0%
NRW
NWH
$3.91
+22.6%
+22.2%
Nexgen Energy
NXG
$11.28
+4.9%
+30.6%
Pilbara Minerals
PLS
$2.34
+39.7%
-21.5%
Pantoro
PNR
$4.60
+24.0%
+157.7%
Pepper Money
PPM
$2.17
+13.6%
+65.5%
Perenti
PRN
$2.35
+33.9%
+139.8%
Peter Warren Automotive
PWR
$1.935
+13.8%
+8.7%
Qoria
QOR
$0.650
+15.0%
+103.1%
BetaShares Australian Resources ETF
QRE
$7.67
+7.9%
+12.8%
St Barbara
SBM
$0.370
+29.8%
+54.2%
Sandfire Resources
SFR
$12.72
+14.0%
+42.9%
Ricegrowers
SGLLV
$16.00
+38.6%
+89.8%
SKS Technologies Group
SKS
$2.96
+31.6%
+98.7%
Star Minerals
SMS
$0.064
+120.7%
+85.3%
Washington H Soul Pattinson
SOL
$43.22
+6.7%
+25.7%
SRG Global
SRG
$1.995
+22.0%
+114.5%
Strickland Metals
STK
$0.145
+1.4%
+47.4%
Southern Cross Media
SXL
$0.840
+42.4%
+50.0%
Sayona Mining
SYA
$0.028
+27.3%
0%
Tribeca Natural Resources
TGF
$1.575
+7.5%
+12.1%
Tuas
TUA
$7.93
+48.8%
+89.3%
Vault Minerals
VAU
$0.530
+39.5%
+51.4%
VGI Global Investments
VG1
$1.845
+3.9%
-2.9%
Vection Technologies
VR1
$0.052
+26.8%
+246.7%
Warriedar Resources
WA8
$0.160
+10.3%
+150.0%
Wagners Holding Company
WGN
$2.45
+10.4%
+160.6%
WIA Gold
WIA
$0.325
+10.2%
+209.5%
Today's Uptrends Scan List

Feature Charts from today's Uptrends List ๐Ÿ”Ž๐Ÿ“ˆ

The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: The A2 Milk Company (ASX: A2M), Alkane Resources (ASX: ALK), Eagers Automotive (ASX: APE), Austal (ASX: ASB), Ausgold (ASX: AUC), Barton Gold (ASX: BGD), BHP Group (ASX: BHP), Balkan Mining and Minerals (ASX: BMM), Capricorn Metals (ASX: CMM), Coles Group (ASX: COL), Data#3 (ASX: DTL), EDU (ASX: EDU), Electro Optic Systems (ASX: EOS), Falcon Metals (ASX: FAL), Firetrail Aust Small Companies Fund ETF (ASX: FSML), Gateway Mining (ASX: GML), Iperionx (ASX: IPX), Kina Securities (ASX: KSL), Lumos Diagnostics (ASX: LDX), MA Financial Group (ASX: MAF), Mineral Resources (ASX: MIN), Megaport (ASX: MP1), Metal Powder Works (ASX: MPW), Mithril Resources (ASX: MTH), Vaneck Small Companies Masters ETF (ASX: MVS), Neuren Pharmaceuticals (ASX: NEU), Nanoveu (ASX: NVU), NRW (ASX: NWH), Nexgen Energy (ASX: NXG), Pilbara Minerals (ASX: PLS), Pantoro (ASX: PNR), Perenti (ASX: PRN), St Barbara (ASX: SBM), Ricegrowers (ASX: SGLLV), Washington H Soul Pattinson & Company (ASX: SOL), SRG Global (ASX: SRG), Southern Cross Media Group (ASX: SXL), Tribeca Global Natural Resources (ASX: TGF), Tuas (ASX: TUA), Vection Technologies (ASX: VR1), Wagners Holding Company (ASX: WGN).

10 Randomly chosen Feature Uptrend Charts:

Alkane Resources (ASX-ALK) daily chart 27 August 2025 Barton Gold (ASX-BGD) daily chart 27 August 2025 Electro Optic Systems (ASX-EOS) daily chart 27 August 2025 Iperionx (ASX-IPX) daily chart 27 August 2025 MA Financial Group (ASX-MAF) daily chart 27 August 2025 Mineral Resources (ASX-MIN) daily chart 27 August 2025 Nanoveu (ASX-NVU) daily chart 27 August 2025 Pilbara Minerals (ASX-PLS) daily chart 27 August 2025 SRG Global (ASX-SRG) daily chart 27 August 2025 Vection Technologies (ASX-VR1) daily chart 27 August 2025

Downtrends Scan List

Company
Code
Last Price
1mo %
1yr %
Audinate Group
AD8
$4.71
-25.0%
-52.9%
Accent Group
AX1
$1.410
-4.7%
-31.2%
Domino's Pizza
DMP
$15.10
-17.5%
-52.5%
Ebos Group
EBO
$30.19
-19.0%
-8.7%
Endeavour Group
EDV
$3.95
-2.9%
-28.6%
Inghams Group
ING
$2.77
-20.2%
-10.4%
Nufarm
NUF
$2.51
-5.3%
-37.7%
Reece
REH
$10.90
-18.4%
-58.5%
Stanmore Resources
SMR
$1.935
-14.0%
-38.2%
Xero
XRO
$163.11
-9.2%
+12.7%
Yancoal Australia
YAL
$5.48
-13.0%
-1.6%
Today's Downtrends Scan List

Feature Charts from today's Downtrends List ๐Ÿ”Ž๐Ÿ“‰

The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: Audinate Group (ASX: AD8), Endeavour Group (ASX: EDV), Ebos Group (ASX: EBO), Inghams Group (ASX: ING), Domino's Pizza Enterprises (ASX: DMP), Stanmore Resources (ASX: SMR), Xero (ASX: XRO), Reece (ASX: REH), Yancoal Australia (ASX: YAL).

Feature Downtrend charts:

Audinate Group (ASX-AD8) daily chart 27 August 2025 Domino-s Pizza Enterprises (ASX-DMP) daily chart 27 August 2025 Ebos Group (ASX-EBO) daily chart 27 August 2025 Endeavour Group (ASX-EDV) daily chart 27 August 2025 Inghams Group (ASX-ING) daily chart 27 August 2025 Reece (ASX-REH) daily chart 27 August 2025 Stanmore Resources (ASX-SMR) daily chart 27 August 2025 Xero (ASX-XRO) daily chart 27 August 2025 Yancoal Australia (ASX-YAL) daily chart 27 August 2025
Important considerations when using the ChartWatch Daily ASX Scans:
1. 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 close of trading today. 2. These lists are not exhaustive, they are 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 Carlโ€™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 โ€“ 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 โ€“ 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 โ€” having taught his distinctive price-action trend following methodology to two generations of investors.

05/06/2026