TECHNICAL ANALYSIS

ChartWatch ASX Scans: Technology One, CSL, PLS Group, Liontown, Global X Battery & Lithium ETF, Iluka Resources

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

Lead Writer and Presenter
Fri 17 Apr 2026, 09:00 AEST
โˆ™4 min read
ChartWatch ASX Scans: Technology One, CSL, PLS Group, Liontown, Global X Battery & Lithium ETF, Iluka Resources

Source: Shutterstock

Mentioned

KEY POINTS

  • Todayโ€™s most interesting uptrends: Global X Battery & Lithium ETF (ACDC), Iluka Resources (ILU), Liontown (LTR), PLS Group (PLS), Superloop (SLC), W.H. Soul Pattinson (SOL), Starpharma (SPL), Sunrise Energy Metals (SRL), Technology One (TNE).
  • Todayโ€™s most interesting downtrends: 29Metals (29M), The A2 Milk Company (A2M), CSL (CSL), Resmed (RMD).

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 ๐Ÿ“บ 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 โ€“ 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 โ€“ they'll keep appearing. But note, there won't be any notifications when they don't โ€“ so you'll have to do your own research on when a particular trend changes!


Uptrends Scan List ๐Ÿ“ˆ

Company
Code
Last Price
1mo %
1yr %
AIC Mines
A1M
$0.600
+13.2%
+100.0%
Global X Battery Lithium ETF
ACDC
$160.76
+14.2%
+105.7%
BetaShares Asia Tech Tigers ETF
ASIA
$16.80
+11.1%
+68.2%
Global X Uranium ETF
ATOM
$27.37
+9.1%
+119.3%
Antipa Minerals
AZY
$0.710
+21.4%
+82.1%
Echoiq
EIQ
$1.150
+75.6%
+342.3%
Elevra Lithium
ELV
$9.22
+26.0%
+284.2%
Emerging Mkts Ex-China ETF
EMXC
$36.96
+10.0%
+45.4%
Iluka Resources
ILU
$7.77
+20.7%
+127.2%
IPD
IPG
$5.16
+17.8%
+39.8%
Karoon Energy
KAR
$2.20
+14.3%
+71.2%
Liontown
LTR
$2.07
+30.6%
+345.2%
Mitchell Services
MSV
$0.525
+15.4%
+131.4%
PLS Group
PLS
$5.71
+20.0%
+302.1%
Ramsay Health Care
RHC
$42.30
+2.2%
+26.8%
Global X Semiconductor ETF
SEMI
$29.19
+15.4%
+95.1%
SKS Technologies
SKS
$5.68
+32.7%
+223.6%
Sky Metals
SKY
$0.210
+20.0%
+337.5%
Superloop
SLC
$3.43
+10.6%
+59.5%
Solstice Minerals
SLS
$1.250
+42.9%
+575.7%
W.H. Soul Pattinson
SOL
$43.91
+12.6%
+19.7%
Starpharma
SPL
$0.675
+45.2%
+650.0%
Sunrise Energy Metals
SRL
$12.65
+30.5%
+4585.2%
Trek Metals
TKM
$0.220
+33.3%
+323.1%
Technology One
TNE
$30.58
+18.8%
+9.7%
Today's Uptrends Scan List

Feature Charts from today's Uptrends List ๐Ÿ”Ž

The stocks that I feel are showing the strongest excess demand from today's Uptrends List are: Global X Battery Tech & Lithium ETF (ACDC), BetaShares Asia Technology Tigers ETF (ASIA), Iluka Resources (ILU), Liontown (LTR), Mitchell Services (MSV), PLS Group (PLS), Sky Metals (SKY), Superloop (SLC), Solstice Minerals (SLS), W.H. Soul Pattinson (SOL), Starpharma (SPL), Sunrise Energy Metals (SRL), Technology One (TNE).

Feature Uptrend Charts:

BetaShares Asia Technology Tigers ETF (ASX-ASIA) Daily chart 16 April 2026 Global X Battery Tech & Lithium ETF (ASX-ACDC) Daily chart 16 April 2026 Iluka Resources (ASX-ILU) Daily chart 16 April 2026 Liontown (ASX-LTR) Daily chart 16 April 2026 Mitchell Services (ASX-MSV) Daily chart 16 April 2026 PLS Group (ASX-PLS) Daily chart 16 April 2026 Sky Metals (ASX-SKY) Daily chart 16 April 2026 Solstice Minerals (ASX-SLS) Daily chart 16 April 2026 Starpharma (ASX-SPL) Daily chart 16 April 2026 Sunrise Energy Metals (ASX-SRL) Daily chart 16 April 2026 Superloop (ASX-SLC) Daily chart 16 April 2026 Technology One (ASX-TNE) Daily chart 16 April 2026 W.H. Soul Pattinson (ASX-SOL) Daily chart 16 April 2026

ChartWatch *LIVE* Webinar

ChartWatch *LIVE* Webinars โ€“ 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 ๐Ÿ“‰

Company
Code
Last Price
1mo %
1yr %
29Metals
29M
$0.240
-33.3%
+147.4%
A2 Milk Company
A2M
$7.55
-20.4%
-8.0%
Aeris Resources
AIS
$0.380
-9.5%
+94.9%
AMA
AMA
$0.490
-22.8%
-22.2%
Amcor
AMC
$55.84
-3.7%
-24.1%
CSL
CSL
$137.55
-2.2%
-43.1%
Fletcher Building
FBU
$2.42
-13.9%
-15.4%
GWA
GWA
$2.05
-3.8%
-7.7%
Propel Funeral Partners
PFP
$3.81
-11.6%
-27.2%
Perpetual
PPT
$16.10
-2.6%
-7.6%
Resmed
RMD
$32.02
-2.5%
-8.1%
Spark New Zealand
SPK
$1.740
-8.2%
-9.4%
Transurban
TCL
$13.37
-6.6%
-3.0%
Today's Downtrends Scan List

Feature Charts from today's Downtrends List ๐Ÿ”Ž

The stocks that I feel are showing the strongest excess supply from today's Downtrends List are: 29Metals (29M), The A2 Milk Company (A2M), CSL (CSL), Resmed (RMD).

Feature Downtrend Charts:

29Metals (ASX-29M) Daily chart 16 April 2026 The A2 Milk Company (ASX-A2M) Daily chart 16 April 2026 CSL (ASX-CSL) Daily chart 16 April 2026 Resmed (ASX-RMD) Daily chart 16 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. 2. 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. 3. This is not a recommendation service, merely an aid to help you better understand the workings of Carlโ€™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 โ€“ 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 โ€“ 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 โ€” having taught his distinctive price-action trend following methodology to two generations of investors.

05/06/2026