TECHNICAL ANALYSIS

ChartWatch ASX Scans: Qantas Airways, Virgin Australia, Arafura Rare Earths, PC Gold, Global X Battery Tech & Lithium ETF

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

Lead Writer and Presenter
Fri 24 Apr 2026, 09:00 AEST
4 min read
ChartWatch ASX Scans: Qantas Airways, Virgin Australia, Arafura Rare Earths, PC Gold, Global X Battery Tech & Lithium ETF

Source: Shutterstock

Mentioned

KEY POINTS

  • Today’s most interesting uptrends: Global X Battery Tech & Lithium ETF (ACDC), Arafura Rare Earths (ARU), Dalrymple Bay (DBI), Invictus Energy (IVZ), PC Gold (PC2), Tasmea (TEA).
  • Today’s most interesting downtrends: Accent Group (AX1), Collins Foods (CKF), Ebos (EBO), Fletcher Building (FBU), Perenti (PRN), Qantas Airways (QAN), Regal Partners (RPL), Virgin Australia (VGN).

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 %
Global X Battery Tech & Lithium ETF
ACDC
$170.65
+27.1%
+117.1%
APA
APA
$10.00
+4.5%
+22.2%
Arafura Rare Earths
ARU
$0.355
+26.8%
+97.2%
Bannerman Energy
BMN
$4.74
+41.5%
+113.5%
Vaneck Clean Energy ETF
CLNE
$9.09
+7.2%
+70.5%
Comet Ridge
COI
$0.175
+29.6%
+34.6%
Dalrymple Bay
DBI
$5.40
+12.0%
+36.7%
Elevra Lithium
ELV
$10.89
+67.8%
+303.3%
Emerald Resources
EMR
$6.60
+44.4%
+52.1%
Future Generation
FGG
$1.645
+8.9%
+15.8%
Invictus Energy
IVZ
$0.110
+144.4%
+115.7%
Karoon Energy
KAR
$2.20
+6.8%
+64.2%
Munro Climate Change ETF
MCCL
$20.55
+12.0%
+29.2%
Omega Oil & Gas
OMA
$0.970
+64.4%
+304.2%
PC Gold
PC2
$1.360
+62.9%
0%
PC Gold
PGL
$0.740
+97.3%
+146.7%
Global X Semiconductor ETF
SEMI
$30.61
+23.9%
+120.1%
Starpharma
SPL
$0.730
+58.7%
+644.9%
SC Electrical Engineering
SXE
$3.57
+24.8%
+102.8%
Tasmea
TEA
$5.49
+21.7%
+117.2%
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: Global X Battery Tech & Lithium ETF (ACDC), Arafura Rare Earths (ARU), Dalrymple Bay (DBI), Invictus Energy (IVZ), PC Gold (PC2), Tasmea (TEA).

Feature Uptrend Charts:

Global X Battery Tech & Lithium ETF (ASX-ACDC) Daily chart 23 April 2026 Arafura Rare Earths (ASX-ARU) Daily chart 23 April 2026 Dalrymple Bay (ASX-DBI) Daily chart 23 April 2026 Invictus Energy (ASX-IVZ) Daily chart 23 April 2026 PC Gold (ASX-PC2) Daily chart 23 April 2026 Tasmea (ASX-TEA) Daily chart 23 April 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 %
Australian Clinical Labs
ACL
$1.960
+1.3%
-34.7%
Aeris Resources
AIS
$0.360
-6.5%
+111.8%
Amcor
AMC
$55.69
+0.8%
-24.0%
Austal
ASB
$4.43
-5.3%
-9.4%
Accent Group
AX1
$0.620
-20.5%
-65.7%
Botanix Pharma.
BOT
$0.032
-22.0%
-91.7%
Collins Foods
CKF
$8.31
-12.3%
+2.8%
Coronado Global
CRN
$0.270
-8.5%
+14.9%
Ebos
EBO
$17.37
-5.3%
-49.7%
EBR Systems
EBR
$0.600
-10.4%
-55.9%
Fletcher Building
FBU
$2.28
-14.0%
-24.3%
Flight Centre Travel
FLT
$10.74
-5.0%
-12.3%
F & P Healthcare
FPH
$29.94
-2.0%
-4.5%
Fleetpartners
FPR
$2.38
+5.8%
-11.5%
GQG Partners
GQG
$1.640
-3.5%
-19.6%
Grange Resources
GRR
$0.165
-13.2%
-15.4%
IDP Education
IEL
$3.48
-12.6%
-59.0%
Kelly Partners
KPG
$4.52
-1.1%
-59.1%
Lifestyle Communities
LIC
$4.59
-4.8%
-40.0%
Myer
MYR
$0.275
-5.2%
-59.3%
Nick Scali
NCK
$15.18
-2.5%
-11.1%
Perenti
PRN
$1.940
+6.3%
+45.9%
Qantas Airways
QAN
$8.55
+4.9%
+1.1%
Regal Partners
RPL
$2.40
+0.4%
+33.7%
Santana Minerals
SMI
$0.650
-17.2%
+26.2%
Stanmore Resources
SMR
$2.16
-21.2%
+18.0%
Virgin Australia
VGN
$2.26
+0.4%
0%
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: Accent Group (AX1), Collins Foods (CKF), Ebos (EBO), Fletcher Building (FBU), Perenti (PRN), Qantas Airways (QAN), Regal Partners (RPL), Virgin Australia (VGN).

Feature Downtrend Charts:

Accent Group (ASX-AX1) Daily chart 23 April 2026 Collins Foods (ASX-CKF) Daily chart 23 April 2026 Ebos (ASX-EBO) Daily chart 23 April 2026 Fletcher Building (ASX-FBU) Daily chart 23 April 2026 Perenti (ASX-PRN) Daily chart 23 April 2026 Qantas Airways (ASX-QAN) Daily chart 23 April 2026 Regal Partners (ASX-RPL) Daily chart 23 April 2026 Virgin Australia (ASX-VGN) Daily chart 23 April 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.

15/06/2026