ChartWatch ASX Scans: Mineral Resources, Lynas Rare Earths, Global X Battery Tech & Lithium ETF, Global X Copper Miners ETF
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.
Source: Shutterstock
Mentioned
KEY POINTS
- Interesting uptrends in today's Scans: African Gold (A1G), Aussie Broadband (ABB), Global X Battery Tech & Lithium ETF (ACDC), Aeris Resources (AIS), Cyprium Metals (CYM), Lynas Rare Earths (LYC), Mineral Resources (MIN), Global X Copper Miners ETF (WIRE).
- Interesting downtrends in today's Scans: Cochlear (COH), EQT (EQT), James Hardie (JHX), Kogan.Com (KGN), Netwealth (NWL), QBE Insurance (QBE), Ramsay Health Care (RHC), Sonic Healthcare (SHL), Spark NZ (SPK), Treasury Wine Estates (TWE), Xero (XRO).
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!<
Bottom left-top right = Uptrend = MOTN* the price will continue to 📈 = Consider adding risk ✅
Top left-bottom right = Downtrend = MOTN the price will continue to 📉 = Zero risk position / abstain / consider adding short-side risk ✅
*MOTN = More Often Than Not
These are basic tenets of my trend following methodology. Of course, there are a few more nuances to trend identification than simply bottom-left or bottom-right etc. – but I truly believe that if you follow the above investing guide rails you'll likely do better than most investors, and probably even many expert fund managers!
But for me, I've always been fascinated by how uptrends transition into downtrends and vice versa. There's plenty of safety in following a well established trend, but there's also the tantalising prospect of trying to spot when one is about to commence. I like to have a mix of each type of "setup" in my portfolio at any one time.
There are several of these "when one is about to commence" transitions in today's watchlists. I point you to the charts of Cyprium Metals (CYM), Frontier Digital Ventures Ltd (FDV) (which to be fair has moved already, but I've been running it here for a few weeks), and Mineral Resources Ltd (MIN) (again, has been in for a few weeks also) in the Uptrends Scan List. These are excellent examples of developing new long term uptrends.
In the downtrends scan list it is worth reviewing the charts for Cochlear (COH), Gentrack Group (GTK), Netwealth Group Ltd (NWL), QBE Insurance Group (QBE), and Xero (XRO). These are excellent examples of developing new long term downtrends.
I recommend that you really study these charts. Then check out the charts of some of the really well established trends in the lists, and see how each started their present trends all those months ago. You will see certain reliable patterns that keep repeating. When one defines rules around such patterns, one is on the way to building one's technical model! 🧐
*NOTE* Due to a public holiday in WA on Monday / Carl is on leave, the next edition of ChartWatch ASX Scans will be published on Wednesday at 9am AEST.
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 – 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!
Uptrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Life360 | 360 | $50.97 | +10.2% | +179.0% |
African Gold | A1G | $0.345 | +13.1% | +762.5% |
Aussie Broadband | ABB | $5.74 | +10.0% | +54.9% |
Global X Battery Tech & Lithium ETF | ACDC | $116.26 | +9.1% | +47.2% |
Aura Energy | AEE | $0.265 | +55.9% | +120.8% |
Aeris Resources | AIS | $0.420 | +100.0% | +147.1% |
ALS | ALQ | $19.69 | +7.0% | +42.1% |
Ausgold | AUC | $0.985 | +12.6% | +109.6% |
Aurum Resources | AUE | $0.680 | +11.5% | +91.5% |
Aurumin | AUN | $0.130 | +39.8% | +217.1% |
Artrya | AYA | $2.30 | +9.5% | +736.4% |
Broken Hill Mines | BHM | $0.690 | +16.9% | +77.0% |
Bannerman Energy | BMN | $3.68 | +30.5% | +48.4% |
Brazilian Rare Earths | BRE | $3.75 | +74.4% | +40.4% |
Bravura Solutions | BVS | $2.55 | +12.3% | +116.6% |
Vaneck FTSE China A50 ETF | CETF | $64.24 | +1.9% | +37.8% |
COG Financial Services | COG | $2.18 | +26.0% | +123.6% |
Cyprium Metals | CYM | $0.037 | +24.5% | +33.4% |
Downer EDI | DOW | $7.34 | +1.0% | +36.2% |
Global X China Tech ETF | DRGN | $14.16 | +12.9% | 0% |
Dateline Resources | DTR | $0.400 | +50.9% | +6566.7% |
Develop Global | DVP | $4.31 | +10.5% | +105.2% |
EDU | EDU | $0.585 | +13.6% | +290.0% |
Emeco | EHL | $1.205 | +14.8% | +56.5% |
Frontier Digital Ventures | FDV | $0.490 | +66.1% | +27.3% |
Focus Minerals | FML | $0.950 | +88.1% | +512.9% |
GBM Resources | GBZ | $0.048 | +71.4% | +380.0% |
Graincorp | GNC | $8.95 | +10.6% | +2.8% |
HOT Chili | HCH | $0.965 | +23.7% | +18.2% |
Horizon Minerals | HRZ | $0.067 | +28.8% | +55.8% |
Hansen Technologies | HSN | $6.44 | +12.2% | +45.4% |
Humm Group | HUM | $0.660 | +9.1% | -19.0% |
Lynas Rare Earths | LYC | $16.99 | +15.5% | +144.1% |
Mineral Resources | MIN | $41.62 | +11.1% | +13.2% |
Metals X | MLX | $0.750 | +21.0% | +74.4% |
Medallion Metals | MM8 | $0.530 | +63.1% | +863.6% |
Megaport | MP1 | $16.72 | +1.1% | +130.6% |
Vaneck Australian Resources ETF | MVR | $38.92 | +3.6% | +21.7% |
Nova Minerals | NVA | $0.405 | +30.6% | +153.1% |
Nexgen Energy | NXG | $13.32 | +18.1% | +42.5% |
SPDR S&P/ASX 200 Resources ETF | OZR | $13.53 | +2.3% | +13.2% |
Polarx | PXX | $0.022 | +22.2% | +144.4% |
Qoria | QOR | $0.700 | +7.7% | +79.5% |
BetaShares Australian Resources ETF | QRE | $7.85 | +2.3% | +14.6% |
Rio Tinto | RIO | $121.77 | +4.4% | +8.4% |
Red Mountain Mining | RMX | $0.026 | +188.9% | +73.3% |
Resolute Mining | RSG | $0.955 | +43.6% | +32.6% |
St Barbara | SBM | $0.505 | +36.5% | +83.6% |
Siteminder | SDR | $7.36 | +11.5% | +39.7% |
Shape Australia Corporation | SHA | $5.04 | +20.6% | +86.0% |
Superloop | SLC | $3.36 | +17.9% | +89.8% |
Silex Systems | SLX | $6.54 | +62.3% | +71.7% |
Sunstone Metals | STM | $0.022 | +22.2% | +266.7% |
Trigg Minerals | TMG | $0.145 | +48.0% | +1712.5% |
Vanguard Emerging Markets ETF | VGE | $91.49 | +3.8% | +24.4% |
Viridis Mining and Minerals | VMM | $1.625 | +23.1% | +137.2% |
Vulcan Energy Resources | VUL | $5.00 | +25.6% | +33.3% |
WAM Capital | WAM | $1.885 | +9.0% | +17.8% |
Weebit Nano | WBT | $3.29 | +17.1% | +81.3% |
Wagners Holding Company | WGN | $2.81 | +14.7% | +219.3% |
Global X Copper Miners ETF | WIRE | $17.47 | +16.3% | +36.8% |
Zimplats 10c US | ZIM | $18.40 | +11.5% | +16.8% |
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: African Gold (ASX: A1G), Aussie Broadband (ASX: ABB), Global X Battery Tech & Lithium ETF (ASX: ACDC), Aeris Resources (ASX: AIS), Ausgold (ASX: AUC), Broken Hill Mines (ASX: BHM), Vaneck FTSE China A50 ETF (ASX: CETF), Cyprium Metals (ASX: CYM), Global X China Tech ETF (ASX: DRGN), Frontier Digital Ventures (ASX: FDV), Lynas Rare Earths (ASX: LYC), Mineral Resources (ASX: MIN), SPDR S&P/ASX 200 Resources Fund ETF (ASX: OZR), Polarx (ASX: PXX), St Barbara (ASX: SBM), Shape Australia Corporation (ASX: SHA), Silex Systems (ASX: SLX), Vanguard FTSE Emerging Markets Shares ETF (ASX: VGE), Viridis Mining and Minerals (ASX: VMM), Global X Copper Miners ETF (ASX: WIRE).
10 Randomly chosen Feature Uptrend Charts:
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Cochlear | COH | $285.24 | -5.4% | +1.9% |
Computershare | CPU | $36.17 | -5.8% | +42.1% |
EQT | EQT | $23.85 | -18.7% | -19.5% |
Flight Centre Travel Group | FLT | $12.24 | -1.1% | -43.0% |
Findi | FND | $3.28 | -18.0% | -10.1% |
GQG Partners | GQG | $1.680 | -3.7% | -36.1% |
Gentrack Group | GTK | $8.96 | -2.4% | -12.1% |
Healthco Healthcare and Wellness Reit | HCW | $0.705 | -4.1% | -38.7% |
Insurance Australia Group | IAG | $8.07 | -7.1% | +6.2% |
James Hardie Industries | JHX | $27.32 | -10.9% | -52.1% |
Kogan.Com | KGN | $3.43 | -15.3% | -31.8% |
Monash IVF Group | MVF | $0.655 | -3.7% | -44.3% |
Myer | MYR | $0.455 | -34.5% | -44.7% |
Novonix | NVX | $0.450 | -18.9% | -15.9% |
Netwealth Group | NWL | $29.66 | -16.0% | +23.4% |
QBE Insurance Group | QBE | $20.17 | -5.0% | +21.0% |
Ramsay Health Care | RHC | $32.05 | -15.9% | -20.9% |
Sonic Healthcare | SHL | $21.52 | -10.6% | -17.7% |
Spark New Zealand | SPK | $2.07 | -9.2% | -28.9% |
Strike Energy | STX | $0.105 | -12.5% | -52.3% |
Treasury Wine Estates | TWE | $7.18 | -6.3% | -33.2% |
Xero | XRO | $159.22 | -2.4% | +6.1% |
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: Cochlear (ASX: COH), EQT (ASX: EQT), Gentrack Group (ASX: GTK), James Hardie Industries (ASX: JHX), Kogan.Com (ASX: KGN), Myer (ASX: MYR), Netwealth Group (ASX: NWL), QBE Insurance Group (ASX: QBE), Ramsay Health Care (ASX: RHC), Sonic Healthcare (ASX: SHL), Spark New Zealand (ASX: SPK), Treasury Wine Estates (ASX: TWE), Xero (ASX: XRO).
10 Randomly chosen Feature Downtrend Charts:
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
%20daily%20chart%2025%20September%202025.png)
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 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!!!
