TECHNICAL ANALYSIS

ChartWatch ASX Scans: National Australia Bank, Wesfarmers, HMC Capital, Telix Pharmaceuticals, Omega Oil & Gas

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

Lead Writer and Presenter
Thu 12 Feb 2026, 09:00 AEDT
โˆ™4 min read
ChartWatch ASX Scans: National Australia Bank, Wesfarmers, HMC Capital, Telix Pharmaceuticals, Omega Oil & Gas

Source: Shutterstock

KEY POINTS

  • Todayโ€™s most interesting uptrends: National Australia Bank (NAB), Omega Oil & Gas (OMA), Predictive Discovery (PDI), St Barbara (SBM), Starpharma (SPL), Viridis Mining and Minerals (VMM), Wesfarmers (WES), Wagners Co. (WGN), West Wits Mining (WWI).
  • Todayโ€™s most interesting downtrends: Computershare (CPU), HMC Capital (HMC), Myer Holdings (MYR), Telix Pharmaceuticals (TLX), Webjet Group (WJL).

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 %
African Gold
A1G
$0.935
+46.1%
+1458.3%
BetaShares Australia 200 ETF
A200
$150.00
+3.0%
+6.0%
ALS
ALQ
$24.62
+7.1%
+49.1%
Alicanto Minerals
AQI
$2.30
+19.8%
+432.4%
Asara Resources
AS1
$0.125
+19.0%
+443.5%
BetaShares Aust. Dollar ETF
AUDS
$7.10
+14.3%
+32.7%
Aurum Resources
AUE
$0.760
+8.6%
+171.4%
Blinklab
BB1
$1.030
+22.6%
+207.5%
Brazilian Critical Minerals
BCM
$0.034
+9.7%
+240.0%
BHP Group
BHP
$51.07
+9.8%
+26.2%
BPM Minerals
BPM
$0.280
+27.3%
+324.2%
Dalrymple Bay
DBI
$5.09
+4.1%
+41.0%
Echoiq
EIQ
$0.510
+64.5%
+104.0%
iShares Emerging Markets Ex-China ETF
EMXC
$35.44
+4.1%
+31.8%
EQ Resources
EQR
$0.250
+127.3%
+733.3%
Evolution Mining
EVN
$16.28
+26.1%
+175.5%
Elixir Energy
EXR
$0.091
+26.4%
+93.6%
Future Generation Australia
FGX
$1.400
+5.7%
+9.4%
BetaShares Agriculture ETF
FOOD
$8.45
+14.0%
+33.1%
Forrestania Resources
FRS
$0.565
+37.8%
+5036.4%
BetaShares Geared Aust. Equities ETF
GEAR
$37.36
+5.9%
+11.1%
GR Engineering Services
GNG
$4.56
+7.5%
+57.2%
IVE Group
IGL
$3.15
+6.4%
+43.8%
Jupiter Mines
JMS
$0.300
+5.3%
+93.5%
Mitchell Services
MSV
$0.430
+24.6%
+24.6%
Vaneck Australian Banks ETF
MVB
$44.56
+7.0%
+9.7%
Mystate
MYS
$4.73
+4.0%
+3.5%
National Australia Bank
NAB
$45.49
+9.3%
+11.8%
Nickel Industries
NIC
$0.975
+6.0%
+29.1%
Omega Oil & Gas
OMA
$0.515
+24.1%
+63.5%
SPDR Resources ETF
OZR
$16.80
+7.8%
+38.5%
Predictive Discovery
PDI
$0.895
+2.9%
+155.7%
Pengana Private Equity Trust
PE1
$1.615
+17.5%
+21.4%
Reece
REH
$15.24
+7.3%
-34.4%
Ramsay Health Care
RHC
$37.99
+5.7%
+13.4%
Rio Tinto
RIO
$164.56
+15.5%
+36.3%
Regis Resources
RRL
$8.46
+9.2%
+157.9%
Resolute Mining
RSG
$1.430
+10.4%
+308.6%
St Barbara
SBM
$0.790
+38.6%
+216.0%
Starpharma Holdings
SPL
$0.490
+38.0%
+390.0%
Smart Parking
SPZ
$1.390
+11.6%
+45.3%
SPDR S&P/ASX 200 ETF
STW
$80.67
+2.9%
+5.6%
SC Electrical Engineering
SXE
$2.83
+16.5%
+81.4%
Vanguard Aust. High Yield ETF
VHY
$81.47
+5.1%
+7.2%
Vanguard Australian Large Co's ETF
VLC
$89.28
+6.0%
+6.3%
Viridis Mining
VMM
$2.17
+53.4%
+442.5%
Westpac Banking.
WBC
$40.27
+5.8%
+18.3%
Wesfarmers
WES
$88.14
+7.2%
+17.7%
Wagners
WGN
$4.00
+4.4%
+154.8%
West Wits Mining
WWI
$0.093
+1.1%
+520.0%
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: Mitchell Services (MSV), National Australia Bank (NAB), Omega Oil & Gas (OMA), Predictive Discovery (PDI), St Barbara (SBM), Starpharma (SPL), Southern Cross Electrical Engineering (SXE), Vanguard Aus Shares High Yield ETF (VHY), Vanguard Aus Large Companies ETF (VLC), Viridis Mining and Minerals (VMM), Wesfarmers (WES), Wagners Co. (WGN), West Wits Mining (WWI),

10 Randomly chosen Feature Uptrend Charts:

National Australia Bank (ASX-NAB) Daily chart 11 February 2026 Omega Oil & Gas (ASX-OMA) Daily chart 11 February 2026 Predictive Discovery (ASX-PDI) Daily chart 11 February 2026 Southern Cross Electrical Engineering (ASX-SXE) Daily chart 11 February 2026 St Barbara (ASX-SBM) Daily chart 11 February 2026 Starpharma Holdings (ASX-SPL) Daily chart 11 February 2026 Vanguard Australian Shares High Yield ETF (ASX-VHY) Daily chart 11 February 2026 Viridis Mining and Minerals (ASX-VMM) Daily chart 11 February 2026 Wesfarmers (ASX-WES) Daily chart 11 February 2026 West Wits Mining (ASX-WWI) Daily chart 11 February 2026

***NEW VIDEO DROPPED โ€” AND IT'S A BIGGY! ๐Ÿ“บ***

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 %
Computershare
CPU
$31.29
-8.1%
-11.2%
Clinuvel Pharmaceuticals
CUV
$10.88
-15.1%
-5.1%
Ebos Group
EBO
$21.41
-8.9%
-42.6%
HMC Capital
HMC
$3.60
-18.4%
-61.6%
Myer Holdings
MYR
$0.390
-20.4%
-55.2%
Plenti Group
PLT
$1.030
-11.2%
+27.2%
Sonic Healthcare
SHL
$21.97
-3.8%
-22.2%
Telix Pharmaceuticals
TLX
$9.75
-12.9%
-66.3%
Webjet Group
WJL
$0.760
-11.6%
-8.4%
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: Computershare (CPU), HMC Capital (HMC), Myer Holdings (MYR), Telix Pharmaceuticals (TLX), Webjet Group (WJL).

Feature Downtrend Charts:

Computershare (ASX-CPU) Daily chart 11 February 2026 HMC Capital (ASX-HMC) Daily chart 11 February 2026 Myer Holdings (ASX-MYR) Daily chart 11 February 2026 Telix Pharmaceuticals (ASX-TLX) Daily chart 11 February 2026 Webjet Group (ASX-WJL) Daily chart 11 February 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.

02/07/2026