ChartWatch ASX Scans: Santos, Woodside Energy, Yancoal Australia, New Hope Corporation, Amplitude 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: AMP (AMP), Austal (ASB), Codan (CDA), Hub24 (HUB), Harvey Norman (HVN), Imdex (IMD), Monadelphous (MND), Regis Healthcare (REG), Torque Metals (TOR), Warriedar Resources (WA8), Wesfarmers (WES), Zip Co. (ZIP).
- Interesting downtrends in today's Scans: Appen (APX), Accent Group (AX1), Boss Energy (BOE), Data#3 (DTL), Emerald Resources (EMR), Flight Centre Travel Group (FLT), Skycity Entertainment Group (SKC), WEB Travel Group (WEB).
As the title of today's ChartWatch ASX Scans suggests, there are a few stocks from the Energy Sector Index (XEJ) in today's edition. That in itself is interesting given how precarious the sector was looking in terms of its trends not very long ago.
ASX 200 Energy Sector Index (XEJ)
Sparked by a proposed takeover bid for Santos (STO), led by Abu Dhabi National Oil Co’s international arm XRG and also involving private equity firm the Carlyle Group (mid-June), the sector has staged a stunning reversal of fortune. More recently, a modest improvement in the crude oil price, but a more marked improvement in metallurgical coal prices, has bolstered the likes of Woodside Energy (WDS), Whitehaven Coal (WHC), Yancoal Australia (YAL), and New Hope Corporation. Each has appeared in the Uptrends Scan List this week.
Measuring such trend reversals, even as sharp as this one, are part and parcel of a trend followers required skill set. Initially our goal is to manage our short-side risk, eventually moving to a neutral position, and as we can see now – moving back into longs. In my experience, the earlier one is in a new trend, the riskier the new trend tends to be. This doesn't mean we should avoid new-trend setups, simply that we must be aware of the risks and enter in a careful and measured way. As the trend builds, we will naturally find that exposures grow with new trade setups.
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 % |
|---|---|---|---|---|
BetaShares Australia 200 ETF | A200 | $147.29 | +3.0% | +11.3% |
Global X Battery Tech & Lithium ETF | ACDC | $100.56 | +11.7% | +26.1% |
Australian Ethical Investment | AEF | $7.99 | +34.7% | +107.5% |
Amplitude Energy | AEL | $0.260 | +13.0% | +15.6% |
Alkane Resources | ALK | $0.775 | +10.7% | +86.7% |
Aristocrat Leisure | ALL | $70.33 | +3.7% | +34.6% |
AMP | AMP | $1.670 | +15.6% | +40.9% |
APA Group | APA | $8.58 | +2.9% | +8.6% |
Eagers Automotive | APE | $20.15 | +7.6% | +91.0% |
BetaShares Australian Quality ETF | AQLT | $34.44 | +5.0% | +18.4% |
Austal | ASB | $7.37 | +28.6% | +183.5% |
Bisalloy Steel Group | BIS | $4.23 | +6.0% | -5.3% |
Beetaloo Energy Australia | BTL | $0.270 | +17.4% | -6.9% |
Brambles | BXB | $24.11 | +3.6% | +58.6% |
Codan | CDA | $23.28 | +22.3% | +82.6% |
Challenger Gold | CEL | $0.098 | +21.0% | +96.0% |
Charter Hall Group | CHC | $20.73 | +7.9% | +64.8% |
Capricorn Metals | CMM | $9.77 | +1.2% | +81.6% |
Chorus | CNU | $8.29 | +6.1% | +13.7% |
Coles Group | COL | $21.05 | +1.5% | +16.0% |
Catalyst Metals | CYL | $6.35 | +13.8% | +239.6% |
Dicker Data | DDR | $9.00 | +7.5% | -10.4% |
Dyno Nobel | DNL | $2.97 | +7.6% | +0.3% |
Droneshield | DRO | $4.10 | +60.2% | +259.6% |
EDU | EDU | $0.450 | +28.6% | +200.0% |
Emeco | EHL | $0.900 | +6.5% | +9.1% |
Elsight | ELS | $2.01 | +23.7% | +372.9% |
EZZ Life Science | EZZ | $2.36 | -2.9% | +38.4% |
Fortescue | FMG | $18.58 | +14.5% | -0.9% |
GBM Resources | GBZ | $0.027 | +80.0% | +170.0% |
Vaneck Gold Miners ETF | GDX | $87.18 | +7.1% | +51.4% |
BetaShares Geared Aus Equity ETF | GEAR | $36.34 | +6.0% | +24.1% |
Gorilla Gold Mines | GG8 | $0.460 | +24.3% | +367.2% |
Hub24 | HUB | $109.98 | +14.7% | +121.3% |
Harvey Norman | HVN | $5.98 | +11.4% | +27.0% |
Imdex | IMD | $3.24 | +22.7% | +40.3% |
IPH | IPH | $5.29 | +9.8% | -13.1% |
iShares S&P/ASX Small Ords ETF | ISO | $5.22 | +6.1% | +13.5% |
Kingsgate Consolidated | KCN | $2.73 | +8.3% | +91.6% |
Kina Securities | KSL | $1.375 | +8.3% | +31.0% |
Kinatico | KYP | $0.265 | +35.9% | +191.2% |
Lovisa | LOV | $34.76 | +13.1% | +4.1% |
Magellan Financial | MFG | $10.83 | +14.4% | +9.0% |
McMillan Shakespeare | MMS | $18.02 | +9.6% | +0.8% |
Monadelphous Group | MND | $19.97 | +14.6% | +66.4% |
BetaShares Global Gold Miners ETF | MNRS | $10.05 | +5.5% | +55.6% |
Megaport | MP1 | $15.22 | +14.6% | +38.2% |
Vaneck Small Companies ETF | MVS | $21.27 | +8.1% | +9.2% |
Mystate | MYS | $4.40 | +3.0% | +13.4% |
New Hope Corporation | NHC | $4.39 | +12.6% | -11.0% |
NIB | NHF | $7.51 | +6.1% | +0.8% |
NRW | NWH | $3.31 | +10.7% | 0% |
Netwealth Group | NWL | $37.68 | +8.6% | +61.6% |
Objective Corporation | OCL | $19.75 | +9.5% | +56.9% |
Pro Medicus | PME | $319.68 | +1.7% | +126.6% |
Pinnacle Investment Management | PNI | $25.21 | +22.1% | +53.3% |
Perenti | PRN | $1.880 | +16.0% | +81.6% |
Platinum Asset Management | PTM | $0.790 | +53.4% | -1.1% |
PWR Holdings | PWH | $8.11 | +9.2% | -29.9% |
Qualitas | QAL | $3.79 | +8.9% | +57.9% |
Qoria | QOR | $0.645 | +41.8% | +79.2% |
Vaneck MSCI International Small Co's ETF | QSML | $31.78 | +3.5% | +9.8% |
Regis Healthcare | REG | $8.79 | +16.0% | +112.3% |
Siteminder | SDR | $5.43 | +18.8% | -2.5% |
Ricegrowers | SGLLV | $12.96 | +26.8% | +47.9% |
Smartgroup Corporation | SIQ | $8.08 | +4.8% | -3.0% |
Santana Minerals | SMI | $0.630 | +15.6% | +46.5% |
Service Stream | SSM | $2.01 | +6.3% | +47.3% |
Santos | STO | $7.94 | +2.7% | +1.0% |
Super Retail Group | SUL | $15.85 | +7.3% | +3.3% |
Torque Metals. | TOR | $0.280 | +86.7% | +115.4% |
Temple & Webster Group | TPW | $25.50 | +20.1% | +155.5% |
Tyro Payments | TYR | $0.980 | +10.1% | +6.5% |
Unibail-Westfield | URW | $7.79 | +9.0% | +36.4% |
Warriedar Resources | WA8 | $0.155 | +40.9% | +121.4% |
West African Resources | WAF | $2.61 | +8.3% | +76.4% |
WAM Capital | WAM | $1.705 | +5.6% | +12.2% |
Woodside Energy | WDS | $26.90 | +12.8% | -2.1% |
Wesfarmers | WES | $88.88 | +6.5% | +24.1% |
Yancoal Australia | YAL | $6.48 | +6.8% | -10.1% |
Zip Co. | ZIP | $3.53 | +16.1% | +87.3% |
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: Global X Battery Tech & Lithium ETF (ASX: ACDC), Australian Ethical Investment (ASX: AEF), AMP (ASX: AMP), Austal (ASX: ASB), Codan (ASX: CDA), Charter Hall Group (ASX: CHC), Catalyst Metals (ASX: CYL), GBM Resources (ASX: GBZ), Gorilla Gold Mines (ASX: GG8), Hub24 (ASX: HUB), Harvey Norman (ASX: HVN), Imdex (ASX: IMD), iShares S&P/ASX Small Ordinaries ETF (ASX: ISO), Kinatico (ASX: KYP), Magellan Financial Group (ASX: MFG), Monadelphous Group (ASX: MND), BetaShares Global Gold Miners Hedged ETF (ASX: MNRS), Pinnacle Investment Management Group (ASX: PNI), Perenti (ASX: PRN), Platinum Asset Management (ASX: PTM), PWR Holdings (ASX: PWH), Qualitas (ASX: QAL), Regis Healthcare (ASX: REG), Siteminder (ASX: SDR), Ricegrowers (ASX: SGLLV), Torque Metals. (ASX: TOR), Temple & Webster Group (ASX: TPW), Unibail-Rodamco-Westfield (ASX: URW), Warriedar Resources (ASX: WA8), Wesfarmers (ASX: WES), Zip Co. (ASX: ZIP).
10 Randomly chosen Feature Uptrend Charts:
Downtrends Scan List
OUTPUT | ||||
|---|---|---|---|---|
Company | Code | Last Price | 1mo % | 1yr % |
Appen | APX | $0.925 | -18.9% | +18.6% |
Accent Group | AX1 | $1.480 | -0.3% | -30.2% |
Boss Energy | BOE | $1.705 | -56.9% | -46.4% |
Data#3 | DTL | $7.39 | -4.5% | -14.8% |
Emerald Resources | EMR | $3.52 | -10.4% | -4.9% |
Flight Centre Travel | FLT | $12.36 | -6.9% | -41.5% |
Skycity Entertainment | SKC | $0.875 | +1.2% | -38.8% |
WEB Travel Group | WEB | $4.37 | -3.3% | -42.9% |
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: Appen (ASX: APX), Accent Group (ASX: AX1), Boss Energy (ASX: BOE), Data#3 (ASX: DTL), Emerald Resources (ASX: EMR), Flight Centre Travel Group (ASX: FLT), Skycity Entertainment Group (ASX: SKC), WEB Travel Group (ASX: WEB).
10 Randomly chosen Feature Downtrend Charts: 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!!!

