TECHNICAL ANALYSIS

ChartWatch ASX Scans: Paladin Energy, Bannerman Energy, Deep Yellow, Rio Tinto, Capstone Copper, Sandfire Resources

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

Lead Writer and Presenter
Thu 29 Jan 2026, 09:00 AEDT
4 min read
ChartWatch ASX Scans: Paladin Energy, Bannerman Energy, Deep Yellow, Rio Tinto, Capstone Copper, Sandfire Resources

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: Bannerman Energy (BMN), Capstone Copper (CSC), Deep Yellow (DYL), Evolution Mining (EVN), Genesis Minerals (GMD), Metals X (MLX), Newmont (NEM), Nexgen Energy (NXG), Paladin Energy (PDN), Rio Tinto (RIO), Sandfire (SFR).
  • Today’s most interesting downtrends: Aristocrat (ALL), ARB (ARB), Harvey Norman (HVN), JB HI-FI (JBH), Jumbo Interactive (JIN), Pepper Money (PPM), Ridley Corp. (RIC), Seek (SEK), Spark NZ (SPK), Technology One (TNE), Wisetech (WTC), Xero (XRO), Zip (ZIP).

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 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 – 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 %
AIC Mines
A1M
$0.635
+13.4%
+86.8%
Aurelia Metals
AMI
$0.345
+35.3%
+97.1%
Antipa Minerals
AZY
$0.835
+39.2%
+198.2%
BHP Group
BHP
$50.60
+10.9%
+29.3%
Bannerman Energy
BMN
$4.73
+31.0%
+54.1%
Challenger Gold
CEL
$0.200
+33.3%
+316.7%
Capricorn Metals
CMM
$15.97
+8.8%
+110.1%
Capstone Copper Corp.
CSC
$16.78
+10.2%
+73.0%
Catalyst Metals
CYL
$9.53
+24.3%
+208.4%
Data#3
DTL
$9.91
+9.5%
+46.6%
Deep Yellow
DYL
$2.59
+38.1%
+76.2%
Evolution Mining
EVN
$15.35
+18.6%
+171.2%
Firefly Metals
FFM
$2.18
+3.3%
+123.6%
Flight Centre Travel Group
FLT
$15.62
+2.6%
-5.9%
Genesis Minerals
GMD
$8.13
+9.0%
+166.6%
IVE Group
IGL
$3.07
+2.3%
+42.8%
Magnetic Resources
MAU
$1.565
+19.9%
+26.7%
Meteoric Resources
MEI
$0.250
+38.9%
+177.8%
Minerals 260
MI6
$0.490
+11.4%
+250.0%
Metals X
MLX
$1.310
+19.1%
+187.9%
Newmont Corp.
NEM
$183.79
+17.6%
+176.6%
Northern Star Resources
NST
$28.60
+5.9%
+65.5%
Nexgen Energy
NXG
$18.52
+30.3%
+59.7%
Ora Banda Mining
OBM
$1.675
+7.4%
+123.3%
Paladin Energy
PDN
$13.94
+43.4%
+51.7%
Pantoro Gold
PNR
$5.73
+12.1%
+221.0%
Rio Tinto
RIO
$154.82
+5.0%
+31.2%
Regis Resources
RRL
$8.50
+10.0%
+164.8%
Resolute Mining
RSG
$1.445
+12.5%
+252.4%
South32
S32
$4.56
+29.9%
+29.2%
Sandfire Resources
SFR
$20.25
+13.3%
+104.5%
Santana Minerals
SMI
$1.155
+26.2%
+143.2%
Silver Mines
SVL
$0.275
+44.7%
+261.8%
Southern Cross Gold Consolidated
SX2
$11.34
-0.5%
+198.4%
Tribune Resources
TBR
$6.94
+16.4%
+62.9%
Vault Minerals
VAU
$6.18
+13.6%
+150.2%
Vysarn
VYS
$0.820
+31.2%
+100.0%
West African Resources
WAF
$3.84
+22.3%
+123.9%
Westgold Resources
WGX
$7.69
+18.3%
+179.6%
Whitehaven Coal
WHC
$9.19
+16.9%
+44.3%
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: Antipa Minerals (AZY), Bannerman Energy (BMN), Challenger Gold (CEL), Capstone Copper Corp. (CSC), Data#3 (DTL), Deep Yellow (DYL), Evolution Mining (EVN), Genesis Minerals (GMD), Minerals 260 (MI6), Metals X (MLX), Newmont Corp. (NEM), Nexgen Energy (NXG), Paladin Energy (PDN), Rio Tinto (RIO), Sandfire Resources (SFR), Silver Mines (SVL), Tribune Resources (TBR), Vysarn (VYS).

10 Randomly chosen Feature Uptrend Charts:

Antipa Minerals (ASX-AZY) Daily chart 28 January 2026 Bannerman Energy (ASX-BMN) Daily chart 28 January 2026 Capstone Copper Corp. (ASX-CSC) Daily chart 28 January 2026 Challenger Gold (ASX-CEL) Daily chart 28 January 2026 Deep Yellow (ASX-DYL) Daily chart 28 January 2026 Metals X (ASX-MLX) Daily chart 28 January 2026 Nexgen Energy (ASX-NXG) Daily chart 28 January 2026 Paladin Energy (ASX-PDN) Daily chart 28 January 2026 Rio Tinto (ASX-RIO) Daily chart 28 January 2026 Tribune Resources (ASX-TBR) Daily chart 28 January 2026

💥 NEW ChartWatch *LIVE* Video Has Dropped! 💥

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 %
Australian Ethical
AEF
$4.84
-5.5%
-2.2%
Aristocrat Leisure
ALL
$55.01
-4.4%
-18.7%
Ansell
ANN
$33.32
-5.8%
-1.5%
Amotiv
AOV
$8.46
-3.4%
-19.9%
Alliance Aviation
AQZ
$1.140
-8.4%
-59.7%
ARB Corp.
ARB
$25.18
-20.9%
-35.8%
Accent Group
AX1
$0.920
-3.7%
-60.0%
Brainchip Holdings
BRN
$0.165
-5.7%
-50.7%
Bravura Solutions
BVS
$2.22
-14.0%
+8.8%
Car Group
CAR
$29.25
-4.0%
-25.4%
Catapult Sports
CAT
$3.68
-14.8%
+5.4%
COG Financial Services
COG
$1.715
-18.3%
+74.1%
Ebos Group
EBO
$22.14
-8.4%
-33.3%
G8 Education
GEM
$0.665
-5.0%
-50.0%
Growthpoint Properties
GOZ
$2.33
-7.9%
-1.3%
Healthco Health & Wellness Reit
HCW
$0.730
0%
-21.5%
Harvey Norman Holdings
HVN
$6.48
-9.2%
+33.9%
JB HI-FI
JBH
$83.02
-14.0%
-15.0%
Jumbo Interactive
JIN
$10.32
-8.4%
-20.9%
Kelly Partners Group
KPG
$7.25
-10.5%
-32.2%
Lendlease Group
LLC
$4.97
-6.0%
-21.0%
Magellan Financial Group
MFG
$8.76
-12.8%
-24.9%
Monash IVF Group
MVF
$0.725
-1.4%
-39.1%
Mayne Pharma Group
MYX
$2.80
-10.5%
-37.6%
Novonix
NVX
$0.405
-5.8%
-31.4%
Netwealth Group
NWL
$24.99
-7.1%
-16.4%
Orthocell
OCC
$0.905
-17.7%
-29.3%
Objective Corp.
OCL
$15.57
-9.1%
-3.5%
OFX Group
OFX
$0.470
-3.1%
-65.9%
Paragon Care
PGC
$0.210
-2.3%
-57.6%
Polynovo
PNV
$1.035
-19.5%
-54.8%
Pepper Money
PPM
$1.940
-13.4%
+45.9%
Ridley Corp.
RIC
$2.44
-6.9%
-9.7%
Resmed Inc
RMD
$36.82
+1.7%
-6.4%
Seek
SEK
$22.21
-3.4%
+2.0%
Stockland
SGP
$5.35
-8.5%
+6.4%
Spark New Zealand
SPK
$1.920
-2.3%
-28.1%
Suncorp Group
SUN
$16.58
-6.3%
-16.1%
Technology One
TNE
$26.47
-7.3%
-10.4%
Temple & Webster Group
TPW
$12.83
-7.7%
-7.8%
Wisetech Global
WTC
$60.70
-11.7%
-49.0%
Xero
XRO
$97.91
-13.2%
-42.4%
Zip Co.
ZIP
$2.87
-11.7%
-11.7%
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: Aristocrat Leisure (ALL), Amotiv (AOV), Alliance Aviation Services (AQZ), ARB Corp. (ARB), Harvey Norman Holdings (HVN), JB HI-FI (JBH), Jumbo Interactive (JIN), Magellan Financial Group (MFG), Orthocell (OCC), OFX Group (OFX), Polynovo (PNV), Pepper Money (PPM), Ridley Corp. (RIC), Seek (SEK), Spark New Zealand (SPK), Technology One (TNE), Wisetech Global (WTC), Xero (XRO), Zip Co. (ZIP).

10 Randomly chosen Feature Downtrend Charts:

Aristocrat Leisure (ASX-ALL) Daily chart 28 January 2026 Harvey Norman Holdings (ASX-HVN) Daily chart 28 January 2026 JB HI-FI (ASX-JBH) Daily chart 28 January 2026 Jumbo Interactive (ASX-JIN) Daily chart 28 January 2026 Pepper Money (ASX-PPM) Daily chart 28 January 2026 Seek (ASX-SEK) Daily chart 28 January 2026 Technology One (ASX-TNE) Daily chart 28 January 2026 Wisetech Global (ASX-WTC) Daily chart 28 January 2026 Xero (ASX-XRO) Daily chart 28 January 2026 Zip Co. (ASX-ZIP) Daily chart 28 January 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 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!!!

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.

05/06/2026