TECHNICAL ANALYSIS

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.

Lead Writer and Presenter
Thu 7 Aug 2025, 09:00 AEST
5 min read
ChartWatch ASX Scans: Santos, Woodside Energy, Yancoal Australia, New Hope Corporation, Amplitude Energy

Source: Shutterstock

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) chart 06 Aug 2025
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:

AMP (ASX-AMP) daily chart 6 August 2025 BetaShares Global Gold Miners Hedged ETF (ASX-MNRS) daily chart 6 August 2025 Codan (ASX-CDA) daily chart 6 August 2025 Imdex (ASX-IMD) daily chart 6 August 2025 Kinatico (ASX-KYP) daily chart 6 August 2025 Magellan Financial Group (ASX-MFG) daily chart 6 August 2025 Pinnacle Investment Management Group (ASX-PNI) daily chart 6 August 2025 Temple & Webster Group (ASX-TPW) daily chart 6 August 2025 Torque Metals. (ASX-TOR) daily chart 6 August 2025 Warriedar Resources (ASX-WA8) daily chart 6 August 2025

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:

Accent Group (ASX-AX1) daily chart 6 August 2025 Appen (ASX-APX) daily chart 6 August 2025 Boss Energy (ASX-BOE) daily chart 6 August 2025 Data-3 (ASX-DTL) daily chart 6 August 2025 Emerald Resources (ASX-EMR) daily chart 6 August 2025 Flight Centre Travel Group (ASX-FLT) daily chart 6 August 2025 Skycity Entertainment Group (ASX-SKC) daily chart 6 August 2025 WEB Travel Group (ASX-WEB) daily chart 6 August 2025
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!!!

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.

13/07/2026