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.

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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:
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:
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!!!

