TECHNICAL ANALYSIS

ChartWatch ASX Scans: Wisetech Global, Santos, The A2 Milk Company, HMC Capital, James Hardie, REA Group, Car Group

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

Lead Writer and Presenter
Mon 3 Nov 2025, 09:00 AEDT
5 min read
ChartWatch ASX Scans: Wisetech Global, Santos, The A2 Milk Company, HMC Capital, James Hardie, REA Group, Car Group

Source: Shutterstock

Mentioned

KEY POINTS

  • Interesting uptrends in today’s scans: AIC Mines (A1M), A2 Milk (A2M), Aroa Biosurgery (ARX), Brazilian Rare Earths (BRE), Elevra Lithium (ELV), Emmerson Resources (ERM), Firefly Metals (FFM), Iris Metals (IR1), S. Cross Electrical Eng (SXE), Ventia (VNT).
  • Interesting downtrends in today's scans: Aristocrat (ALL), Amcor PLC (AMC), Accent (AX1), Car (CAR), Credit Corp (CCP), Findi (FND), GQG (GQG), HMC Capital (HMC), Inghams (ING), Kogan.Com (KGN), REA (REA), Treasury Wine (TWE), Wisetech (WTC), Xero (XRO).

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Just a quick observation here… I am seeing an increasing number of strong downtrends appearing in the scans – and there are some big names in today’s Downtrends Scan List as far as so-called “blue-chips” go.

It’s not like we can’t continue to do well at an index level, even with more than the present number of downtrends list constituents – because for the most part, it comes down to what the big banks and resources are doing. I checked, don’t worry, they don’t look like making appearances in the Downtrends Scan List in the very near future!

Can I say though, that Feature Downtrends are back to their strongest level in terms of quantity and quality since April’s major market low.

What about uptrends? There’s still a decent whack of those, but probably around less than half compared to when precious metals and critical mineral stocks were running hard a couple of weeks ago.

As a trend follower, I take what I’m given – trying my hardest to curate the perfect balance of longs and shorts in my portfolio. I hope my scans help you do the same!


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 a number of videos in which I perform live analysis of ASX stocks 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 – 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 %
AIC Mines
A1M
$0.480
+17.1%
+31.5%
The A2 Milk Company
A2M
$9.53
+5.2%
+63.5%
ABX Group
ABX
$0.115
+69.1%
+173.8%
Acusensus
ACE
$2.00
+53.8%
+111.6%
APA Group
APA
$9.18
+2.2%
+28.4%
Eagers Automotive
APE
$34.06
+18.8%
+200.7%
Aroa Biosurgery
ARX
$0.775
+14.8%
+30.3%
BetaShares Asia Tech Tigers ETF
ASIA
$15.16
+3.8%
+53.4%
Brazilian Rare Earths
BRE
$5.72
+47.8%
+122.6%
Champion Iron
CIA
$5.54
+14.9%
-6.1%
Cufe
CUF
$0.050
+316.7%
+455.6%
Cedar Woods Properties
CWP
$9.03
+17.0%
+59.8%
Downer EDI
DOW
$7.73
+2.4%
+34.2%
Elevra Lithium
ELV
$4.45
+19.0%
-10.1%
Emmerson Resources
ERM
$0.320
+33.3%
+611.1%
Global X Fang+ ETF
FANG
$38.58
+7.4%
+38.5%
Firefly Metals
FFM
$1.900
+42.3%
+74.3%
Genusplus Group
GNP
$6.95
+14.5%
+197.0%
BetaShares Japan ETF
HJPN
$24.94
+9.3%
+27.6%
Hazer Group
HZR
$0.570
+10.7%
+39.0%
Ikegps Group
IKE
$1.125
+35.5%
+122.8%
iShares MSCI South Korea ETF
IKO
$152.00
+17.6%
+61.4%
iShares Global 100 ETF
IOO
$192.21
+6.4%
+27.3%
Iris Metals
IR1
$0.345
+46.8%
+86.5%
iShares S&P 500 ETF
IVV
$69.85
+3.2%
+18.3%
L1 Capital International ETF
L1IF
$7.00
+2.5%
+13.3%
Loftus Peak Global Disruption ETF
LPGD
$5.96
+5.7%
+19.7%
Monadelphous Group
MND
$23.24
+1.0%
+86.5%
Macquarie Global Equity ETF
MQEG
$13.40
+2.9%
+23.2%
Mayfield Group Holdings
MYG
$1.945
+35.1%
+156.0%
Nyrada
NYR
$0.810
+153.1%
+548.0%
Platinum International Fund ETF
PIXX
$5.87
+5.2%
+14.9%
Praemium
PPS
$0.915
+18.1%
+37.6%
Sims
SGM
$15.96
+17.4%
+24.0%
Southern Cross Electrical Engineering
SXE
$2.46
+17.7%
+43.0%
Tasmea
TEA
$5.06
+7.2%
+88.0%
Terra Metals
TM1
$0.185
+12.1%
+293.6%
Titan Minerals
TTM
$0.600
+33.3%
+10.1%
Ventia Services Group
VNT
$5.73
+11.0%
+24.6%
Weebit Nano
WBT
$5.44
+54.5%
+182.6%
Wrkr
WRK
$0.138
+25.0%
+96.4%
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: AIC Mines (ASX: A1M), The A2 Milk Company (ASX: A2M), Eagers Automotive (ASX: APE), Aroa Biosurgery (ASX: ARX), Brazilian Rare Earths (ASX: BRE), Cufe (ASX: CUF), Elevra Lithium (ASX: ELV), Emmerson Resources (ASX: ERM), Firefly Metals (ASX: FFM), Genusplus Group (ASX: GNP), iShares MSCI South Korea ETF (ASX: IKO), Iris Metals (ASX: IR1), Monadelphous Group (ASX: MND), Mayfield Group Holdings (ASX: MYG), Southern Cross Electrical Engineering (ASX: SXE), Ventia Services Group (ASX: VNT).

10 Randomly chosen Feature Uptrend Charts:

AIC Mines (ASX-A1M) Daily chart 31 October 2025 Brazilian Rare Earths (ASX-BRE) Daily chart 31 October 2025 Cufe (ASX-CUF) Daily chart 31 October 2025 Elevra Lithium (ASX-ELV) Daily chart 31 October 2025 Emmerson Resources (ASX-ERM) Daily chart 31 October 2025 Firefly Metals (ASX-FFM) Daily chart 31 October 2025 Iris Metals (ASX-IR1) Daily chart 31 October 2025 Mayfield Group Holdings (ASX-MYG) Daily chart 31 October 2025 The A2 Milk Company (ASX-A2M) Daily chart 31 October 2025 Ventia Services Group (ASX-VNT) Daily chart 31 October 2025

Downtrends Scan List 📉

Company
Code
Last Price
1mo %
1yr %
Adairs
ADH
$2.03
-23.1%
-22.2%
Aristocrat Leisure
ALL
$63.35
-9.2%
+4.1%
Amcor PLC
AMC
$12.09
-2.4%
-27.8%
Austin Engineering
ANG
$0.265
-17.2%
-50.5%
Arena Reit.
ARF
$3.65
-6.7%
-8.8%
Accent Group
AX1
$1.280
-4.8%
-46.2%
Car Group
CAR
$35.70
-4.4%
-4.7%
Canyon Resources
CAY
$0.185
-21.3%
+15.6%
Credit Corp Group
CCP
$14.36
-6.1%
-16.8%
Findi
FND
$1.870
-43.7%
-63.9%
GQG Partners
GQG
$1.565
-11.1%
-43.1%
Healthco Health & Wellness Reit
HCW
$0.680
-2.2%
-40.6%
HMC Capital
HMC
$3.10
-1.0%
-70.2%
Insurance Australia Group
IAG
$7.86
-5.5%
+4.1%
Inghams Group
ING
$2.42
-5.5%
-16.8%
James Hardie Industries
JHX
$32.21
+9.2%
-37.2%
Kogan.Com
KGN
$3.18
-5.1%
-33.9%
Lindsay Australia
LAU
$0.605
-5.5%
-31.6%
Lifestyle Communities
LIC
$5.18
-4.1%
-40.7%
Light & Wonder
LNW
$109.47
-14.3%
-24.8%
Magnetic Resources
MAU
$1.270
-19.4%
+0.4%
Monash IVF Group
MVF
$0.690
+0.7%
-42.5%
Myer Holdings
MYR
$0.395
-17.7%
-57.5%
Nufarm
NUF
$2.08
-11.5%
-45.3%
News Corp. Class B
NWS
$46.29
-6.5%
+6.5%
Nuix
NXL
$2.45
-23.2%
-66.1%
OFX Group
OFX
$0.615
-27.6%
-58.2%
Orora
ORA
$2.01
-2.0%
-18.6%
Premier Investments
PMV
$17.81
-8.6%
-30.8%
Polynovo
PNV
$1.320
-10.2%
-38.0%
REA Group
REA
$213.09
-5.3%
-7.3%
Star Entertainment
SGR
$0.089
-1.1%
-83.0%
Washington H. Soul Pattinson
SOL
$37.60
-3.7%
+11.5%
Santos
STO
$6.31
-7.6%
-8.2%
Suncorp Group
SUN
$19.62
-4.3%
+8.9%
Sovereign Metals
SVM
$0.630
-8.7%
-10.0%
Treasury Wine Estates
TWE
$5.99
-15.9%
-49.0%
Wisetech Global
WTC
$69.12
-23.2%
-38.3%
Xero
XRO
$145.00
-8.4%
-4.1%
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: Aristocrat Leisure (ASX: ALL), Amcor PLC (ASX: AMC), Accent Group (ASX: AX1), Car Group (ASX: CAR), Credit Corp Group (ASX: CCP), Findi (ASX: FND), GQG Partners (ASX: GQG), HMC Capital (ASX: HMC), Insurance Australia Group (ASX: IAG), Inghams Group (ASX: ING), Kogan.Com (ASX: KGN), Lindsay Australia (ASX: LAU), Lifestyle Communities (ASX: LIC), Light & Wonder (ASX: LNW), Myer Holdings (ASX: MYR), Nufarm (ASX: NUF), Nuix (ASX: NXL), OFX Group (ASX: OFX), Premier Investments (ASX: PMV), REA Group (ASX: REA), Washington H. Soul Pattinson (ASX: SOL), Treasury Wine Estates (ASX: TWE), Wisetech Global (ASX: WTC), Xero (ASX: XRO).

10 Randomly chosen Feature Downtrend Charts:

Accent Group (ASX-AX1) Daily chart 31 October 2025 Amcor PLC (ASX-AMC) Daily chart 31 October 2025 Credit Corp Group (ASX-CCP) Daily chart 31 October 2025 Findi (ASX-FND) Daily chart 31 October 2025 GQG Partners (ASX-GQG) Daily chart 31 October 2025 Inghams Group (ASX-ING) Daily chart 31 October 2025 Lifestyle Communities (ASX-LIC) Daily chart 31 October 2025 Treasury Wine Estates (ASX-TWE) Daily chart 31 October 2025 Wisetech Global (ASX-WTC) Daily chart 31 October 2025 Xero (ASX-XRO) Daily chart 31 October 2025

Important considerations when 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 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.

05/06/2026