ChartWatch ASX Scans: Small Cap Mining Special, Asara Resources, Black Canyon, BCI Minerals, Benz Mining, Torque Metals, Viridis Mining
Your daily dose of the most interesting uptrends and downtrends on the ASX with technical analysis from an expert.
Source: Shutterstock
Mentioned
KEY POINTS
- Interesting uptrends in today's Scans: Alkane Resources (ALK), Black Canyon (BCA), Benz Mining (BNZ), Dorsavi (DVL), Elsight (ELS), Eroad (ERD), GBM Resources (GBZ), Lovisa (LOV), Nanoveu (NVU), Torque Metals (TOR), Viridis Mining (VMM), Yancoal (YAL).
- Interesting downtrends in today's Scans: Austin Engineering (ANG), Appen (APX), GQG Partners (GQG), HMC Capital (HMC), Southern Cross Gold (SX2).
This is the second straight edition of ChartWatch ASX Scans with over 80 stocks in the Uptrends Scan List. We are, as they say, officially spoilt for choice! As per the title, there is a massive influx of small capitalisation mining stocks today.
But can one buy them all? Can one even hope to emulate the successes of so many stocks that have gone through the Uptrends Scan List?
Here's a thought, and one that longtime users of this series might appreciate a little more. What if (purely hypothetical!) you could own just a small amount of every stock in the Uptrends Scan List (and be short just a small amount of every stock in the Downtrends Scan List – for some hedging)?
As each stock in the Uptrends list subsequently closes below its respective short term uptrend ribbon, or perhaps logs lower peaks and lower troughs, or say perhaps 3 supply-side candles out of the last 5 you sold out. Naturally, the criteria would be inverted for for exiting shorts. How do you think you'd do? 🤔
I'd say you'd be largely operating as your own hedge fund. As the broader market strengthens, given there's naturally an influx of Uptrends Scan List constituents, your exposure would naturally increase. As the broader market ebbs, so too likely would your exposure.
We've seen in the past here, that when the market turns sour, very quickly there's very few in the Uptrends Scan Lists, and naturally more in the Downtrends Scan List. In this way, it's possible you'd be largely protected from a major downturn, and if you were using shorts, probably profit from it. Anyways, food for thought. 🤔
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 % |
|---|---|---|---|---|
Amaero International | 3DA | $0.500 | +28.2% | +29.9% |
African Gold | A1G | $0.225 | +21.6% | +800.0% |
Aussie Broadband | ABB | $4.67 | +17.3% | +57.2% |
Australian Ethical Investment | AEF | $8.24 | +37.1% | +116.8% |
Australian Finance Group | AFG | $2.30 | +11.7% | +54.4% |
Alkane Resources | ALK | $0.830 | +18.6% | +107.5% |
Aristocrat Leisure | ALL | $71.38 | +5.0% | +43.5% |
Amcil | AMH | $1.175 | +7.3% | +2.6% |
AMP | AMP | $1.750 | +20.3% | +57.0% |
Eagers Automotive | APE | $20.60 | +7.2% | +105.8% |
Asara Resources | AS1 | $0.060 | +20.0% | +500.0% |
Autosports Group | ASG | $2.58 | +8.9% | +25.2% |
Andean Silver | ASL | $1.440 | +35.8% | +105.7% |
Black Canyon | BCA | $0.350 | +100.0% | +133.3% |
BCI Minerals | BCI | $0.355 | +1.4% | +51.1% |
Benz Mining Corp. | BNZ | $0.830 | +48.2% | +514.8% |
Breville Group | BRG | $33.29 | +11.5% | +19.9% |
Bioxyne | BXN | $0.049 | +22.5% | +880.0% |
Challenger | CGF | $8.37 | +4.1% | +28.0% |
Charter Hall Group | CHC | $21.17 | +10.7% | +72.4% |
Chorus | CNU | $8.45 | +8.3% | +17.5% |
Charter Hall Social Infrastructure Reit | CQE | $3.12 | +9.5% | +24.8% |
Caprice Resources | CRS | $0.065 | +22.6% | +124.1% |
Dalrymple Bay Infrastructure | DBI | $4.80 | +8.1% | +57.9% |
Deterra Royalties | DRR | $4.34 | +10.4% | +12.4% |
Dorsavi | DVL | $0.034 | +78.9% | +142.9% |
Ebos Group | EBO | $37.95 | +4.5% | +15.7% |
Emeco | EHL | $0.910 | +7.1% | +17.4% |
Elsight | ELS | $2.21 | +51.4% | +370.2% |
Electro Optic Systems | EOS | $4.90 | +71.9% | +214.1% |
Eroad | ERD | $1.900 | +46.2% | +50.8% |
EVT | EVT | $17.24 | +5.8% | +61.7% |
EZZ Life Science | EZZ | $2.35 | +5.4% | +34.3% |
Falcon Metals | FAL | $0.650 | +225.0% | +116.7% |
G50 Corp | G50 | $0.335 | +59.5% | +116.1% |
GBM Resources | GBZ | $0.033 | +120.0% | +200.0% |
Generation Development | GDG | $6.29 | +23.3% | +143.3% |
GWA Group | GWA | $2.59 | +11.2% | +4.0% |
Hansen Technologies | HSN | $6.15 | +26.5% | +43.4% |
Integral Diagnostics | IDX | $2.78 | +8.2% | +13.9% |
iShares S&PASX Small Ords ETF | ISO | $5.25 | +7.4% | +19.3% |
JB HI-FI | JBH | $116.41 | +6.9% | +80.4% |
Lovisa | LOV | $34.98 | +11.2% | +13.1% |
Mader Group | MAD | $7.75 | +14.0% | +31.4% |
Macmahon | MAH | $0.355 | +18.3% | +39.2% |
Magellan Financial | MFG | $10.82 | +13.5% | +15.7% |
Monadelphous Group | MND | $20.39 | +16.6% | +78.5% |
BetaShares Global Gold Miners ETF | MNRS | $10.23 | +12.9% | +64.9% |
Megaport | MP1 | $15.48 | +17.9% | +50.7% |
Medibank Private | MPL | $5.15 | +2.6% | +34.5% |
Vaneck Aust. Property ETF | MVA | $25.67 | +4.8% | +18.0% |
Vaneck Small Companies ETF | MVS | $21.41 | +9.3% | +13.6% |
Navigator Global | NGI | $2.00 | +17.0% | +19.8% |
New Hope Corporation | NHC | $4.41 | +11.4% | -7.7% |
NIB | NHF | $7.60 | +7.5% | +8.3% |
Nanoveu | NVU | $0.080 | +56.9% | +300.0% |
NRW | NWH | $3.36 | +12.4% | +0.3% |
Objective Corporation | OCL | $19.96 | +11.1% | +59.2% |
OOH!Media | OML | $1.825 | +2.8% | +28.1% |
Orica | ORI | $21.44 | +5.1% | +23.9% |
Peak Rare Earths | PEK | $0.335 | +13.6% | +118.3% |
Pinnacle Investment | PNI | $25.33 | +23.0% | +47.8% |
Pantoro | PNR | $4.06 | +38.6% | +191.2% |
Perenti | PRN | $1.900 | +15.9% | +93.9% |
Ricegrowers | SGLLV | $13.29 | +32.6% | +64.7% |
Smartgroup Corporation | SIQ | $8.11 | +5.1% | +3.1% |
SKS Technologies | SKS | $2.50 | +17.9% | +60.3% |
Service Stream | SSM | $2.09 | +7.7% | +62.6% |
Super Retail Group | SUL | $15.92 | +5.3% | +7.5% |
Telstra Group | TLS | $4.99 | +2.5% | +31.0% |
Torque Metals. | TOR | $0.290 | +93.3% | +123.1% |
Temple & Webster | TPW | $25.80 | +20.5% | +171.6% |
Viridis Mining and Minerals | VMM | $1.210 | +154.7% | +37.5% |
Ventia Services Group | VNT | $5.30 | +2.7% | +31.8% |
Victory Metals | VTM | $1.440 | +66.5% | +311.4% |
Woodside Energy | WDS | $27.00 | +12.5% | +2.0% |
Wesfarmers | WES | $89.52 | +7.9% | +29.4% |
WIA Gold | WIA | $0.315 | +23.5% | +238.7% |
Waratah Minerals | WTM | $0.650 | +145.3% | +124.1% |
Yancoal Australia | YAL | $6.54 | +7.2% | -5.9% |
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: Aussie Broadband (ASX: ABB), Alkane Resources (ASX: ALK), Eagers Automotive (ASX: APE), Black Canyon (ASX: BCA), Benz Mining Corp. (ASX: BNZ), Charter Hall Group (ASX: CHC), Dorsavi (ASX: DVL), Elsight (ASX: ELS), Eroad (ASX: ERD), GBM Resources (ASX: GBZ), Hansen Technologies (ASX: HSN), JB HI-FI (ASX: JBH), Lovisa (ASX: LOV), Mader Group (ASX: MAD), Monadelphous Group (ASX: MND), New Hope Corporation (ASX: NHC), Nanoveu (ASX: NVU), Pinnacle Investment Management Group (ASX: PNI), Ricegrowers (ASX: SGLLV), SKS Technologies Group (ASX: SKS), Service Stream (ASX: SSM), Torque Metals. (ASX: TOR), Viridis Mining and Minerals (ASX: VMM), Ventia Services Group (ASX: VNT), Yancoal Australia (ASX: YAL).
10 Randomly chosen Feature Uptrend Charts: Feature Uptrend charts:
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
Downtrends Scan List
Company | Code | Last Price | 1mo % | 1yr % |
|---|---|---|---|---|
Austin Engineering | ANG | $0.335 | -6.9% | -45.1% |
Appen | APX | $0.900 | -20.0% | +17.6% |
Botanix Pharmaceuticals | BOT | $0.145 | -14.7% | -59.7% |
Brightstar Resources | BTR | $0.430 | -3.4% | +14.7% |
GQG Partners | GQG | $2.02 | -8.6% | -22.0% |
HMC Capital | HMC | $3.51 | -7.6% | -55.0% |
Lotus Resources | LOT | $0.160 | -8.6% | -38.5% |
Southern Cross Gold | SX2 | $5.50 | -8.6% | 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: Austin Engineering (ASX: ANG), Appen (ASX: APX), GQG Partners (ASX: GQG), HMC Capital (ASX: HMC), Southern Cross Gold (ASX: SX2).
Feature Downtrend charts:
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
%20daily%20chart%207%20August%202025.png)
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!!!
