TECHNICAL ANALYSIS

ChartWatch ASX Scans: Mineral Resources, Core Lithium, Elevra Lithium, PMET Resources, Elsight, Playside Studios, Starpharma

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

Lead Writer and Presenter
Mon 20 Apr 2026, 09:00 AEST
โˆ™3 min read
ChartWatch ASX Scans: Mineral Resources, Core Lithium, Elevra Lithium, PMET Resources, Elsight, Playside Studios, Starpharma

Source: Shutterstock

Mentioned

KEY POINTS

  • Todayโ€™s most interesting uptrends: Altair Minerals (ALR), Cuscal (CCL), Core Lithium (CXO), Elsight (ELS), Elevra Lithium (ELV), Mineral Resources (MIN), Playside Studios (PLY), PMET Resources (PMT), Starpharma (SPL), Tasmea (TEA), Wildcat Resources (WC8).
  • Todayโ€™s most interesting downtrends: 29Metals (29M), The A2 Milk Company (A2M), Ansell (ANN), Kelly Partners (KPG), Lycopodium (LYL), Metcash (MTS), Regis Healthcare (REG).

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 ๐Ÿ“บ 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 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 ๐Ÿ“ˆ

Company
Code
Last Price
1mo %
1yr %
AIC Mines
A1M
$0.615
+15.0%
+119.6%
Aussie Broadband
ABB
$5.34
+12.9%
+35.9%
Almonty Industries
AII
$31.30
+15.8%
+807.2%
Altair Minerals
ALR
$0.041
+70.8%
+1540.0%
Cuscal
CCL
$4.77
+20.8%
+92.3%
Cogstate
CGS
$2.50
+16.3%
+96.9%
Core Lithium
CXO
$0.380
+76.7%
+533.3%
Elsight
ELS
$7.14
+25.3%
+1730.8%
Elevra Lithium
ELV
$10.38
+43.6%
+284.4%
GR Engineering Services
GNG
$4.44
+13.6%
+61.5%
Mineral Resources
MIN
$63.54
+15.2%
+281.2%
Macquarie
MQG
$239.88
+22.6%
+34.0%
Playside Studios
PLY
$0.350
+45.8%
+105.9%
Pmet Resources
PMT
$0.660
+48.3%
+200.0%
Racura Oncology
RAC
$3.13
+44.9%
+206.9%
RP Global Investments
RG1
$2.35
+7.3%
+59.9%
Rio Tinto
RIO
$173.75
+12.0%
+59.0%
Sandfire Resources
SFR
$18.22
+9.7%
+99.6%
Solstice Minerals
SLS
$1.245
+39.9%
+573.0%
Starpharma
SPL
$0.695
+49.5%
+663.7%
Tasmea
TEA
$5.24
+32.0%
+104.2%
Wildcat Resources
WC8
$0.470
+32.4%
+213.3%
Today's Uptrends Scan List

Feature Charts from today's Uptrends List ๐Ÿ”Ž

The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: Altair Minerals (ALR), Cuscal (CCL), Core Lithium (CXO), Elsight (ELS), Elevra Lithium (ELV), Mineral Resources (MIN), Playside Studios (PLY), PMET Resources (PMT), Starpharma (SPL), Tasmea (TEA), Wildcat Resources (WC8).

Feature Uptrend Charts:

Altair Minerals (ASX-ALR) Daily chart 17 April 2026 Core Lithium (ASX-CXO) Daily chart 17 April 2026 Cuscal (ASX-CCL) Daily chart 17 April 2026 Elevra Lithium (ASX-ELV) Daily chart 17 April 2026 Elsight (ASX-ELS) Daily chart 17 April 2026 Mineral Resources (ASX-MIN) Daily chart 17 April 2026 Playside Studios (ASX-PLY) Daily chart 17 April 2026 Pmet Resources (ASX-PMT) Daily chart 17 April 2026 Starpharma (ASX-SPL) Daily chart 17 April 2026 Tasmea (ASX-TEA) Daily chart 17 April 2026 Wildcat Resources (ASX-WC8) Daily chart 17 April 2026

ChartWatch *LIVE* Webinar

ChartWatch *LIVE* Webinars โ€“ 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 ๐Ÿ“‰

Company
Code
Last Price
1mo %
1yr %
29Metals
29M
$0.230
-36.1%
+116.5%
A2 Milk Company
A2M
$7.47
-21.9%
-10.1%
Aeris Resources
AIS
$0.370
-9.8%
+94.7%
Ansell
ANN
$27.13
-8.8%
-8.7%
Accent Group
AX1
$0.665
-26.1%
-62.6%
Bapcor
BAP
$0.645
+3.2%
-80.3%
Ebos
EBO
$18.35
-0.1%
-46.0%
Harvey Norman
HVN
$4.57
-11.6%
-6.9%
Kelly Partners
KPG
$4.68
-11.2%
-54.6%
Lycopodium
LYL
$12.76
-7.9%
+24.5%
MA Financial
MAF
$7.12
-5.6%
+13.2%
Metcash
MTS
$2.90
-1.7%
-7.6%
Nick Scali
NCK
$15.63
-0.7%
-5.4%
Regis Healthcare
REG
$5.89
-4.8%
-10.2%
Reece
REH
$12.71
-9.7%
-18.9%
Super Retail
SUL
$12.49
-7.0%
-2.5%
Symal
SYL
$2.16
-13.6%
+44.0%
Temple & Webster
TPW
$6.66
+3.3%
-59.3%
Today's Downtrends Scan List

Feature Charts from today's Downtrends List ๐Ÿ”Ž

The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: 29Metals (29M), The A2 Milk Company (A2M), Ansell (ANN), Kelly Partners (KPG), Lycopodium (LYL), Metcash (MTS), Regis Healthcare (REG).

Feature Downtrend Charts:

29Metals (ASX-29M) Daily chart 17 April 2026 The A2 Milk Company (ASX-A2M) Daily chart 17 April 2026 Ansell (ASX-ANN) Daily chart 17 April 2026 Kelly Partners (ASX-KPG) Daily chart 17 April 2026 Lycopodium (ASX-LYL) Daily chart 17 April 2026 Metcash (ASX-MTS) Daily chart 17 April 2026 Regis Healthcare (ASX-REG) Daily chart 17 April 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. 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 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.

04/06/2026