ChartWatch ASX Scans: Pilbara Minerals, IGO, Core Lithium, Argosy Minerals, Delta Lithium, Global Lithium Resources, Vulcan Energy
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.

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Mentioned
KEY POINTS
- Interesting uptrends in today's scans: Argosy Minerals (AGY), Ampol (ALD), Blinklab (BB1), Calix (CXL), Core Lithium (CXO), Elsight (ELS), Genesis Minerals (GMD), Helia (HLI), IGO (IGO), Monadelphous (MND), NRW (NWH), Orica (ORI), Pilbara Minerals (PLS).
- Interesting downtrends in today's scans: Alliance Aviation Services (AQZ), Macquarie Technology Group (MAQ), Macquarie Group (MQG), News Corp. (NWS).
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A super interesting mix of uptrends and downtrends today – and a major turnaround from the recent run of downtrend superiority (in term of relative numbers that is!).
With reference to today's Uptrends Scan List, I've added a few on the basis of providing diversity in setups, so what I think are a good variety of Continuation Setups (i.e., "double greens"), Turnaround Setups (i.e., "green-ambers"), and even one Aggressive set up today ("green-pinks").
Continuation Setup Examples: ALD ASG BB1 GMD GNG HLI MAH MND MVR NWH ORI PLS SHA VNT (i.e., short term & long term trends up)
Continuation-Turnaround Setup Examples: ELS RMI RSG (i.e., pulled back to the long term trend ribbon, rallying, short term trend reverting to up)
Turnaround Setup Examples: AGY CXO IGO WC8 (i.e., long term trend neutral, short term trend up)
Aggressive Setup Example: CXL (i.e., long term trend down, but has closed above the long term downtrend ribbon, short term trend up)
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 % |
|---|---|---|---|---|
Actinogen Medical | ACW | $0.055 | +83.3% | +139.1% |
Argosy Minerals | AGY | $0.063 | +14.5% | +80.0% |
Ampol | ALD | $32.05 | +7.9% | +12.6% |
Autosports Group | ASG | $4.60 | +28.9% | +119.0% |
Anson Resources | ASN | $0.105 | +9.4% | +54.4% |
Astron | ATR | $0.855 | +32.6% | +131.7% |
Blinklab | BB1 | $0.825 | +41.0% | +230.0% |
Bega Cheese | BGA | $5.94 | +12.7% | +16.7% |
Chrysos Corp. | C79 | $9.02 | +7.5% | +71.2% |
Champion Iron | CIA | $5.33 | +12.0% | -3.6% |
Capricorn Metals | CMM | $14.24 | -2.3% | +131.2% |
Calix | CXL | $0.675 | +46.7% | -18.7% |
Core Lithium | CXO | $0.225 | +73.1% | +114.3% |
Delta Lithium | DLI | $0.215 | +19.4% | +14.1% |
Domino's Pizza Enterprises | DMP | $22.88 | +51.3% | -24.4% |
Elsight | ELS | $1.705 | +26.8% | +306.0% |
Emerald Resources | EMR | $5.30 | -4.7% | +34.5% |
Global Lithium Resources | GL1 | $0.605 | +28.7% | +210.3% |
Genesis Minerals | GMD | $6.45 | -5.3% | +180.4% |
GR Engineering Services | GNG | $4.25 | +10.7% | +99.5% |
Grange Resources | GRR | $0.255 | +8.5% | +8.5% |
Hastings Technology Metals | HAS | $0.640 | -10.5% | +120.7% |
Helia Group | HLI | $5.98 | +10.3% | +59.7% |
IGO | IGO | $6.79 | +27.6% | +30.3% |
Iluka Resources | ILU | $6.87 | -15.2% | +24.0% |
Macmahon Holdings | MAH | $0.565 | +18.9% | +63.8% |
Monadelphous Group | MND | $27.74 | +20.9% | +124.1% |
Motorcycle Holdings | MTO | $3.79 | +17.0% | +133.2% |
Vaneck Australian Resources ETF | MVR | $42.87 | +3.5% | +29.6% |
Navigator Global Investments | NGI | $3.01 | +46.8% | +83.0% |
NRW Holdings | NWH | $5.09 | +4.3% | +31.5% |
Orica | ORI | $24.15 | +12.1% | +37.5% |
Predictive Discovery | PDI | $0.585 | -7.1% | +138.8% |
Pilbara Minerals | PLS | $3.96 | +47.8% | +27.3% |
Perenti | PRN | $2.75 | -0.7% | +135.0% |
Perseus Mining | PRU | $5.28 | +2.1% | +109.5% |
BetaShares Aust. Resources ETF | QRE | $8.41 | +1.2% | +21.9% |
Regal Investment Fund | RF1 | $3.39 | +1.5% | -5.3% |
Red Mountain Mining | RMX | $0.038 | -2.6% | +375.0% |
Resolute Mining | RSG | $1.045 | -12.9% | +134.8% |
Sandfire Resources | SFR | $16.32 | +3.9% | +61.6% |
Shape Australia | SHA | $6.57 | +18.2% | +137.2% |
Starpharma Holdings | SPL | $0.420 | +61.5% | +324.2% |
Symal Group | SYL | $2.50 | +18.5% | 0% |
Tasmea | TEA | $5.28 | +14.8% | +81.3% |
Ventia Services Group | VNT | $5.84 | +6.8% | +26.1% |
Vulcan Energy Resources | VUL | $6.84 | +3.8% | +38.7% |
Vysarn | VYS | $0.640 | +8.5% | +34.7% |
Wildcat Resources | WC8 | $0.285 | +21.3% | -23.0% |
Woodside Energy Group | WDS | $26.47 | +19.8% | +11.7% |
Westgold Resources | WGX | $5.71 | -2.1% | +104.7% |
WCM Global Growth | WQG | $2.08 | +7.5% | +26.8% |
Winsome Resources | WR1 | $0.310 | +40.9% | -39.2% |
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: Argosy Minerals (ASX: AGY), Ampol (ASX: ALD), Autosports Group (ASX: ASG), Blinklab (ASX: BB1), Calix (ASX: CXL), Core Lithium (ASX: CXO), Elsight (ASX: ELS), Genesis Minerals (ASX: GMD), GR Engineering Services (ASX: GNG), Helia Group (ASX: HLI), IGO (ASX: IGO), Macmahon Holdings (ASX: MAH), Monadelphous Group (ASX: MND), Vaneck Australian Resources ETF (ASX: MVR), NRW Holdings (ASX: NWH), Orica (ASX: ORI), Pilbara Minerals (ASX: PLS), Red Mountain Mining (ASX: RMX), Resolute Mining (ASX: RSG), Shape Australia Corp. (ASX: SHA), Ventia Services Group (ASX: VNT), Wildcat Resources (ASX: WC8)
10 Randomly chosen Feature Uptrend Charts:
Downtrends Scan List 📉
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Amaero | 3DA | $0.255 | -10.5% | -27.1% |
Alliance Aviation Services | AQZ | $1.215 | -38.9% | -55.3% |
Cleanaway Waste Management | CWY | $2.52 | -8.7% | -7.0% |
IPD Group | IPG | $3.29 | -9.1% | -30.6% |
James Hardie Industries | JHX | $25.43 | -23.9% | -52.3% |
Kelly Partners Group Holdings | KPG | $8.84 | -14.8% | +3.4% |
Macquarie Technology Group | MAQ | $60.87 | -6.4% | -32.6% |
Macquarie Group | MQG | $195.94 | -13.6% | -14.0% |
News Corp. Class B | NWS | $45.24 | -0.6% | -8.8% |
Orthocell | OCC | $1.025 | -21.8% | +65.3% |
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: Alliance Aviation Services (ASX: AQZ), Macquarie Technology Group (ASX: MAQ), Macquarie Group (ASX: MQG), News Corp. Class B (ASX: NWS).
Feature Downtrend Charts:
Important considerations when 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!!!

