TECHNICAL ANALYSIS

ChartWatch ASX Scans: Nextdc, Telix Pharmaceuticals, Woolworths, Santos, Avita Medical, Capstone Copper

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

Lead Writer and Presenter
Thu 22 Oct 2026, 09:00 AEDT (22m ago)
∙4 min read
ChartWatch ASX Scans: Nextdc, Telix Pharmaceuticals, Woolworths, Santos, Avita Medical, Capstone Copper

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: APA (APA), Avita Medical (AVH), BetaShares Global Healthcare ETF (DRUG), Santos (STO), Woolworths (WOW).
  • Today’s most interesting downtrends: Brazilian Rare Earths (BRE), Capstone Copper (CSC), Centaurus Metals (CTM), Elsight (ELS), Fortifai (FTI), IGO (IGO), Iperionx (IPX), Nextdc (NXT), Orthocell (OCC), Starpharma (SPL), Telix Pharmaceuticals (TLX).

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
ANZ
ANZ
$39.22
+2.8%
+6.7%
$118.3b
APA
APA
$11.57
+5.6%
+27.3%
$15.4b
ASX
ASX
$64.25
+10.2%
+10.2%
$12.7b
Avita Medical
AVH
$3.99
+32.6%
+214.2%
$8.6b
Bank of Queensland
BOQ
$6.94
+4.2%
-1.1%
$4.6b
Bluescope Steel
BSL
$32.74
+9.4%
+65.4%
$14.3b
Bravura Solutions
BVS
$3.25
0%
+14.1%
$1.5b
BetaShares Global Healthcare ETF
DRUG
$9.36
+5.1%
+14.1%
$179.4m
Omega Oil & Gas
OMA
$0.780
-1.9%
+83.5%
$423.6m
BetaShares Crude Oil ETF
OOO
$10.78
+7.2%
+116.0%
$127.9m
QBE Insurance
QBE
$26.02
+12.1%
+28.6%
$38.9b
Resmed
RMD
$34.89
+10.6%
-15.1%
$49.8b
Santos
STO
$9.31
+9.1%
+47.1%
$30.2b
State Street Aus High Dividend Yield ETF
SYI
$32.68
+2.3%
+8.5%
$761.1m
Woodside Energy
WDS
$33.96
+7.2%
+52.6%
$64.6b
Woolworths
WOW
$41.87
+10.4%
+56.3%
$51.1b
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: APA (APA), Avita Medical (AVH), BetaShares Global Healthcare ETF (DRUG), Santos (STO), Woolworths (WOW).

Feature Uptrend Charts:

APA (ASX-APA) Daily chart 21 October 2026 Avita Medical (ASX-AVH) Daily chart 21 October 2026 BetaShares Global Healthcare ETF (ASX-DRUG) Daily chart 21 October 2026 Santos (ASX-STO) Daily chart 21 October 2026 Woolworths (ASX-WOW) Daily chart 21 October 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
Alcoa
AAI
$58.20
-6.9%
+4.8%
$2.4b
Acrow
ACF
$0.860
-6.0%
-24.6%
$362.6m
Amotiv
AOV
$5.53
-3.2%
-37.5%
$740.2m
Andean Silver
ASL
$1.455
-26.0%
-31.7%
$334.9m
Bellevue Gold
BGL
$1.380
-15.1%
+6.2%
$2.1b
BMC Minerals
BMC
$2.40
-17.2%
0%
$410.0m
Boab Metals
BML
$0.320
-27.3%
-36.0%
$185.2m
Brazilian Rare Earths
BRE
$1.725
-56.2%
-64.0%
$476.4m
Brainchip
BRN
$0.115
-14.8%
-48.9%
$261.7m
Capstone Copper
CSC
$12.13
-17.4%
-3.7%
$2.5b
Centaurus Metals
CTM
$0.340
-29.2%
-29.2%
$195.3m
Develop Global
DVP
$4.02
-22.7%
-6.9%
$1.3b
EBR Systems
EBR
$0.145
-45.3%
-88.5%
$38.8m
Elsight
ELS
$3.07
-34.5%
+130.8%
$683.4m
Elevra Lithium
ELV
$3.69
-40.1%
-17.6%
$715.9m
Fortifai
FTI
$0.360
-57.4%
+118.2%
$124.7m
Greatland Resources
GGP
$9.44
-12.6%
+12.9%
$6.4b
Goodman Group
GMG
$25.92
-0.3%
-23.6%
$53.3b
IGO
IGO
$5.25
-22.7%
-0.6%
$4.0b
Iluka Resources
ILU
$5.17
-15.2%
-31.6%
$2.2b
Iperionx
IPX
$1.920
-36.6%
-77.2%
$695.5m
Lendlease
LLC
$2.41
-3.2%
-56.0%
$1.7b
Larvotto Resources
LRV
$0.800
-32.8%
-37.7%
$416.2m
Liontown
LTR
$0.685
-32.8%
-37.7%
$2.2b
Metro Mining
MMI
$0.795
-38.6%
-43.2%
$245.5m
Maritana Minerals
MRT
$0.595
-17.4%
-54.4%
$222.1m
Metallium
MTM
$0.195
-50.0%
-82.7%
$147.3m
Nova Minerals
NVA
$0.360
-45.0%
-28.0%
$164.9m
Nextdc
NXT
$5.35
-52.9%
-65.9%
$4.1b
Orthocell
OCC
$0.600
-16.1%
-54.9%
$163.4m
Predictive Discovery
PDI
$3.89
-19.1%
+27.5%
$3.8b
PLS Group
PLS
$2.91
-29.5%
+6.2%
$9.4b
PMET Resources
PMT
$0.315
-31.5%
-27.6%
$31.3m
Pepper Money
PPM
$1.660
-4.0%
-22.1%
$746.0m
Perenti
PRN
$1.995
-10.5%
-28.0%
$1.9b
Rio Tinto
RIO
$152.55
-8.3%
+16.7%
$263.5b
Regis Resources
RRL
$6.67
-14.6%
+8.1%
$5.1b
St George Mining
SGQ
$0.057
-14.9%
-64.4%
$268.0m
Silex Systems
SLX
$3.48
-25.3%
-54.5%
$970.1m
Santana Minerals
SMI
$0.415
-22.4%
-56.5%
$409.1m
Starpharma
SPL
$0.480
-40.0%
+72.9%
$230.3m
Sunrise Energy Metals
SRL
$14.36
-29.9%
+224.2%
$2.5b
Strickland Metals
STK
$0.054
-16.9%
-76.0%
$142.7m
Telix Pharmaceuticals
TLX
$14.52
-13.5%
-12.0%
$4.9b
Unico Silver
USL
$0.600
-33.3%
-9.8%
$432.8m
Virgin Australia
VGN
$2.41
-13.9%
-31.3%
$1.9b
Vulcan Energy Resources
VUL
$1.110
-48.6%
-79.9%
$531.3m
Wildcat Resources
WC8
$0.220
-29.0%
-6.4%
$350.8m
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: Brazilian Rare Earths (BRE), Capstone Copper (CSC), Centaurus Metals (CTM), Elsight (ELS), Fortifai (FTI), IGO (IGO), Iperionx (IPX), Nextdc (NXT), Orthocell (OCC), Starpharma (SPL), Telix Pharmaceuticals (TLX).

Feature Downtrend Charts:

Brazilian Rare Earths (ASX-BRE) Daily chart 21 October 2026 Capstone Copper (ASX-CSC) Daily chart 21 October 2026 Centaurus Metals (ASX-CTM) Daily chart 21 October 2026 Elsight (ASX-ELS) Daily chart 21 October 2026 Fortifai (ASX-FTI) Daily chart 21 October 2026 IGO (ASX-IGO) Daily chart 21 October 2026 Iperionx (ASX-IPX) Daily chart 21 October 2026 Nextdc (ASX-NXT) Daily chart 21 October 2026 Orthocell (ASX-OCC) Daily chart 21 October 2026 Starpharma (ASX-SPL) Daily chart 21 October 2026 Telix Pharmaceuticals (ASX-TLX) Daily chart 21 October 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.

22/10/2026