ChartWatch ASX Scans: REA, Premier Investments, Sonic Healthcare, HMC Capital, Karoon Energy, Breville, Lifestyle Communities
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.

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KEY POINTS
- Interesting uptrends in today's Scans: Global X Battery Tech & Lithium ETF (ACDC), Almonty Industries (AII), Aeris Resources (AIS), G50 Corp (G50), Kingsgate Consolidated (KCN), Kelsian (KLS), Mineral Resources (MIN), Resolute Mining (RSG), Tabcorp (TAH).
- Interesting downtrends in today's Scans: Amcor (AMC), Breville (BRG), Bluescope Steel (BSL), Flight Centre (FLT), GQG (GQG), HMC Capital (HMC), Karoon Energy (KAR), Lifestyle Communities (LIC), REA (REA), Santos (STO), Wisetech Global (WTC), Yancoal (YAL).
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I can't decide which list has the most attractive opportunities today. Hey, it's a bull market, it has been since May, and more broadly for around 2-years now – so generally, the strongest setups have typically resided in the Uptrends Scan List 📈. Certainly, that's where the vast bulk of setups have appeared.
Take for example over the last 2-months, the average length of the Uptrends Scan List is 74 stocks per day, compared to 22 stocks per day for the Downtrends Scan List 📉. So, roughly 3.4 to 1. I have to say though, that while there are some tremendously strong setups in today's Uptrends Scan List, I am far more impressed by the quality of setups in the Downtrends Scan List.
How is a stock plunging an opportunity, I hear you ask? Well, first, let's address the fact that it's an opportunity to reduce risk (to be fair though – by the time a stock hits my Downtrends Scan List – ideally one's risk is zero), and secondly, one can go short and earn a profit from a continued decline in a Downtrends Scan List constituent's price.
If we look down that Downtrends Scan List today, there are a bunch of stocks that I'm sure sit comfortably (or uncomfortably if one's paying attention!) within many Aussie investors' portfolios (plus probably many professional fund managers' portfolios too!):
Amcor (AMC)
Breville Group (BRG)
Bluescope Steel (BSL)
EQT (ASX: EQT)
Flight Centre Travel Group (FLT)
GQG Partners (GQG)
HMC Capital (HMC)
Karoon Energy (KAR)
Lifestyle Communities (LIC)
Premier Investments (PMV)
REA Group (REA)
Sonic Healthcare (SHL)
Santos (STO)
Wisetech Global (WTC)
And the list goes on... I'd say there are quite a few "blue chips" in there as well. With so many excellent potential long and short setups – as traders, we are truly spoilt for choice right now – and in my experience, these are the best markets to trade 💪.
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.
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 | $124.54 | +15.1% | +53.5% |
Acusensus | ACE | $1.680 | +79.7% | +98.8% |
Almonty Industries | AII | $9.90 | +57.1% | +915.4% |
Aeris Resources | AIS | $0.540 | +83.1% | +134.8% |
ANZ Group | ANZ | $34.19 | +3.8% | +13.7% |
Austal | ASB | $8.43 | +0.4% | +196.8% |
Autosports Group | ASG | $3.45 | +3.9% | +53.3% |
BetaShares Asia Tech Tigers ETF | ASIA | $14.80 | +15.2% | +52.9% |
Australian Strategic Materials | ASM | $0.850 | +57.4% | +60.4% |
Artrya | AYA | $2.51 | +15.1% | +847.2% |
Baby Bunting Group | BBN | $3.16 | +3.6% | +79.0% |
Betmakers Technology Group | BET | $0.210 | +23.5% | +156.1% |
Broken Hill Mines | BHM | $0.940 | +55.4% | +153.2% |
Bisalloy Steel Group | BIS | $5.62 | -1.4% | +84.3% |
Bravura Solutions | BVS | $3.33 | +64.0% | +157.7% |
Cobram Estate Olives | CBO | $3.36 | +4.0% | +92.0% |
Codan | CDA | $31.86 | +2.5% | +101.3% |
Challenger | CGF | $8.81 | +4.8% | +32.5% |
Cogstate | CGS | $2.43 | +40.5% | +153.1% |
Capricorn Metals | CMM | $13.60 | +19.7% | +132.9% |
BetaShares Crypto Innovators ETF | CRYP | $9.88 | +41.5% | +112.0% |
Capstone Copper Corp. | CSC | $13.65 | +26.3% | +18.6% |
Downer EDI | DOW | $7.58 | +9.2% | +39.3% |
DUG Technology | DUG | $2.78 | +27.5% | +17.8% |
Duratec | DUR | $2.17 | +26.2% | +55.6% |
EDU | EDU | $0.775 | +40.9% | +416.7% |
Global X Physical Silver ETF | ETPMAG | $67.78 | +18.2% | +59.0% |
Global X Physical Precious Metals | ETPMPM | $366.85 | +13.5% | +54.6% |
Global X Physical Platinum ETF | ETPMPT | $228.10 | +17.8% | +68.6% |
Evolution Mining | EVN | $11.25 | +26.0% | +148.9% |
Frontier Digital Ventures | FDV | $0.540 | +52.1% | +36.7% |
Fidelity Global Emerging Markets ETF | FEMX | $7.25 | +6.3% | +18.1% |
Focus Minerals | FML | $1.945 | +208.7% | +1196.7% |
Finbar Group | FRI | $0.880 | +10.7% | +5.4% |
G50 Corp | G50 | $0.455 | +68.5% | +264.0% |
Vaneck Gold Miners ETF | GDX | $119.36 | +18.6% | +105.5% |
Greatland Gold | GGP | $8.35 | +31.7% | 0% |
Golden Horse Minerals | GHM | $0.710 | +42.0% | 0% |
Gateway Mining | GML | $0.082 | +57.7% | +290.5% |
Global X Physical Gold ETF | GOLD | $55.18 | +10.0% | +54.9% |
Hastings Technology Metals | HAS | $0.535 | +69.8% | +94.5% |
iShares MSCI Emerging Markets ETF | IEM | $82.92 | +7.4% | +21.9% |
iShares MSCI South Korea ETF | IKO | $131.21 | +14.9% | +41.7% |
Intelligent Monitoring Group | IMB | $0.695 | +17.8% | -2.1% |
Ionic Rare Earths | IXR | $0.022 | +29.4% | +144.4% |
Jupiter Mines | JMS | $0.275 | +14.6% | +66.7% |
Kingsgate Consolidated | KCN | $4.03 | +32.1% | +196.3% |
Kula Gold | KGD | $0.043 | +377.8% | +355.3% |
Kelsian Group | KLS | $5.21 | +3.2% | +28.6% |
Lumos Diagnostics | LDX | $0.170 | +13.3% | +359.5% |
Lindian Resources | LIN | $0.325 | +41.3% | +209.5% |
Lynas Rare Earths | LYC | $19.27 | +33.7% | +147.1% |
Macmahon | MAH | $0.450 | +3.4% | +40.6% |
Mineral Resources | MIN | $42.30 | +11.9% | -18.2% |
MLG OZ | MLG | $1.050 | +11.7% | +70.7% |
Medallion Metals | MM8 | $0.590 | +53.2% | +900.0% |
Monadelphous Group | MND | $23.37 | +10.9% | +78.0% |
Vaneck Australian Resources ETF | MVR | $40.56 | +7.2% | +16.8% |
Vaneck Small Companies Masters ETF | MVS | $23.16 | +3.0% | +14.8% |
Ora Banda Mining | OBM | $1.290 | +22.9% | +108.1% |
Orezone Gold Corporation | ORE | $1.735 | +37.2% | 0% |
Platinum Asia Fund ETF | PAXX | $5.93 | +8.8% | +23.8% |
Paladin Energy | PDN | $8.80 | +11.3% | -25.6% |
Pantoro | PNR | $6.51 | +34.2% | +233.0% |
Perseus Mining | PRU | $4.97 | +17.2% | +95.7% |
Qoria | QOR | $0.900 | +42.9% | +127.8% |
Regis Resources | RRL | $6.16 | +20.8% | +208.0% |
Resolute Mining | RSG | $1.125 | +53.1% | +56.3% |
Global X Semiconductor ETF | SEMI | $21.83 | +20.3% | +37.1% |
Shape Australia Corporation | SHA | $5.28 | +17.6% | +95.6% |
SKS Technologies Group | SKS | $4.35 | +47.5% | +202.1% |
Southern Palladium | SPD | $1.365 | +106.8% | +254.5% |
Tabcorp | TAH | $1.065 | +6.5% | +129.0% |
Tamboran Resources Corporation | TBN | $0.240 | +41.2% | +65.5% |
Tribeca Global Natural Resources | TGF | $1.980 | +20.7% | +23.8% |
Toubani Resources | TRE | $0.425 | +28.8% | +34.9% |
Vault Minerals | VAU | $0.740 | +23.3% | +134.9% |
Vulcan Energy Resources | VUL | $6.82 | +67.2% | +50.9% |
Warriedar Resources | WA8 | $0.245 | +36.1% | +301.6% |
Westpac Banking Corporation | WBC | $39.37 | +3.7% | +28.2% |
Global X Copper Miners ETF | WIRE | $18.83 | +20.8% | +35.4% |
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 (ASX: ACDC), Almonty Industries (ASX: AII), Aeris Resources (ASX: AIS), BetaShares Asia Technology Tigers ETF (ASX: ASIA), Australian Strategic Materials (ASX: ASM), Broken Hill Mines (ASX: BHM), Bravura Solutions (ASX: BVS), Codan (ASX: CDA), Challenger (ASX: CGF), Cogstate (ASX: CGS), BetaShares Crypto Innovators ETF (ASX: CRYP), Duratec (ASX: DUR), EDU (ASX: EDU), Frontier Digital Ventures (ASX: FDV), G50 Corp (ASX: G50), Gateway Mining (ASX: GML), Global X Physical Gold ETF (ASX: GOLD), Hastings Technology Metals (ASX: HAS), iShares MSCI South Korea ETF (ASX: IKO), Kingsgate Consolidated (ASX: KCN), Kelsian Group (ASX: KLS), Mineral Resources (ASX: MIN), Medallion Metals (ASX: MM8), Ora Banda Mining (ASX: OBM), Orezone Gold Corporation (ASX: ORE), Regis Resources (ASX: RRL), Resolute Mining (ASX: RSG), Global X Semiconductor ETF (ASX: SEMI), Shape Australia Corporation (ASX: SHA), Southern Palladium (ASX: SPD), Tabcorp (ASX: TAH), Tamboran Resources Corporation (ASX: TBN), Tribeca Global Natural Resources (ASX: TGF), Vault Minerals (ASX: VAU), Vulcan Energy Resources (ASX: VUL), Warriedar Resources (ASX: WA8).
10 Randomly chosen Feature Uptrend Charts:
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Amaero International | 3DA | $0.325 | -11.0% | -18.8% |
Alpha HPA | A4N | $0.800 | -8.6% | -28.3% |
Australian Clinical Labs | ACL | $2.50 | -4.6% | -33.2% |
Atlas Arteria | ALX | $4.75 | -8.7% | -1.7% |
Amcor | AMC | $12.14 | -3.7% | -25.5% |
Alliance Aviation Services | AQZ | $2.09 | -12.2% | -26.9% |
Accent Group | AX1 | $1.325 | -3.3% | -42.9% |
Bega Cheese | BGA | $5.01 | -11.0% | -3.8% |
Breville Group | BRG | $28.32 | -9.8% | -19.0% |
Bluescope Steel | BSL | $22.09 | -3.2% | +0.3% |
Centuria Office Reit | COF | $1.180 | -5.6% | -9.2% |
Coronado Global | CRN | $0.300 | -14.3% | -73.5% |
EQT | EQT | $23.33 | -13.5% | -23.6% |
EVT | EVT | $13.20 | -6.1% | +25.1% |
Flight Centre Travel | FLT | $11.57 | -5.8% | -46.5% |
GQG Partners | GQG | $1.615 | -8.8% | -40.4% |
HMC Capital | HMC | $3.12 | -15.9% | -61.8% |
Inghams Group | ING | $2.48 | -6.8% | -13.0% |
IPH | IPH | $3.59 | -18.0% | -38.7% |
Karoon Energy | KAR | $1.560 | -4.0% | -3.1% |
Lifestyle Communities | LIC | $5.34 | -2.0% | -37.5% |
Myer | MYR | $0.485 | -27.6% | -41.8% |
Premier Investments | PMV | $18.78 | -18.0% | -18.4% |
REA Group | REA | $223.89 | -6.0% | +5.5% |
Reliance Worldwide | RWC | $4.01 | -2.7% | -30.5% |
Sonic Healthcare | SHL | $21.66 | -5.7% | -20.7% |
Washington H Soul Pattinson | SOL | $37.85 | -13.8% | +6.8% |
Santos | STO | $6.62 | -14.1% | -7.4% |
Woodside Energy Group | WDS | $23.01 | -7.9% | -11.7% |
Wisetech Global | WTC | $85.85 | -10.0% | -37.5% |
Yancoal Australia | YAL | $5.10 | -5.0% | -15.8% |
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: Amcor (ASX: AMC), Alliance Aviation Services (ASX: AQZ), Bega Cheese (ASX: BGA), Breville Group (ASX: BRG), Bluescope Steel (ASX: BSL), EQT (ASX: EQT), Flight Centre Travel Group (ASX: FLT), GQG Partners (ASX: GQG), HMC Capital (ASX: HMC), Inghams Group (ASX: ING), Karoon Energy (ASX: KAR), Lifestyle Communities (ASX: LIC), Premier Investments (ASX: PMV), REA Group (ASX: REA), Reliance Worldwide Corporation (ASX: RWC), Sonic Healthcare (ASX: SHL), Santos (ASX: STO), Wisetech Global (ASX: WTC), Yancoal Australia (ASX: YAL).
10 Randomly chosen Feature Downtrend Charts:
Important considerations when using the ChartWatch Daily ASX Scans:
1. 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 close of trading today. 2. These lists are not exhaustive, they are 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!!!

