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ASX Technical Watch: CSL (ASX:CSL), Cochlear (ASX:COH) and Zip (ASX:ZIP) Lead Today's Trend Scan

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4 min read | July 06, 2026 09:27 AM AEST | By Sam
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ASX Technical Watch: CSL (ASX:CSL), Cochlear (ASX:COH) and Zip (ASX:ZIP) Lead Today's Trend Scan

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Highlights

  • Technical scans highlight several ASX shares maintaining established upward price trends across healthcare, financials and technology.
  • CSL, Cochlear, AMP, Artrya, Anteris Technologies and Zip remain among the strongest uptrend candidates.
  • GrainCorp and PEXA continue appearing on technical downtrend watchlists as selling pressure persists.

Technical market scans continue helping traders identify shares displaying sustained buying or selling momentum. The latest ChartWatch technical review highlights a broad mix of healthcare, financial, technology and mining companies showing established upward trends, while only a small number of stocks continue exhibiting weaker technical structures. As Australian markets begin the new trading week, technical momentum remains an important consideration across the ASX 200 , with continued interest also building around ASX Technical Analysis Stocks .

Healthcare stocks continue showing technical strength

Healthcare remained one of the strongest sectors featured in the latest technical scans.

Several companies continue displaying favourable price trends, including:

The continued presence of healthcare companies suggests ongoing sector resilience despite broader market uncertainty.

Financial stocks remain in positive trends

Financial companies also featured prominently among the technical uptrend selections.

Companies highlighted include:

Financial stocks continue benefiting from improving technical momentum following recent market strength.

Technology shares maintain momentum

Technology-related companies continue appearing across technical watchlists.

Among those highlighted were:

Technology remains one of the most actively monitored sectors as digital transformation and artificial intelligence continue supporting long-term industry trends.

Resource stocks also featured

Mining and resource companies continued appearing among positive technical trends.

Featured names included:

Commodity prices remain an important influence on technical sentiment across the sector.

Exchange-traded funds remain active

Several exchange-traded funds also appeared within the positive technical scans.

These included:

ETF performance continues reflecting broader sector and regional investment trends.

Stocks showing weaker technical trends

While most attention focused on strengthening charts, several companies continued appearing within the technical downtrend list.

These included:

These companies remain under technical observation as traders monitor whether current trends stabilise or reverse.

Technical analysis complements broader research

Technical analysis focuses primarily on market behaviour rather than company fundamentals.

Chart-based analysis generally examines:

  • Price trends
  • Trading momentum
  • Support and resistance levels
  • Buying and selling pressure

Many market participants combine technical analysis with fundamental research when assessing listed companies.

Looking ahead

Technical momentum continues evolving as market conditions change.

Investors and traders are likely to monitor whether healthcare, financial and technology companies maintain their current upward trends while watching for any improvement among shares currently displaying weaker technical signals.

Commodity prices, interest rate expectations and broader market sentiment will continue influencing technical market behaviour.

The latest ChartWatch scan highlights continued technical strength across several healthcare, financial and technology companies, while GrainCorp and PEXA remain among stocks showing weaker chart patterns. As market conditions evolve, technical analysis remains one of several approaches used to monitor changing price trends.

Frequently Asked Questions

  • Which ASX shares featured in today's strongest technical uptrends?
    Companies including CSL, Cochlear, AMP, Artrya, Anteris Technologies, Zip and Pro Medicus were highlighted among the stronger technical trends.
  • Which shares appeared in today's technical downtrend list?
    GrainCorp, PEXA, Macquarie Technology Group, Origin Energy, Telstra and TPG Telecom featured among weaker technical trends.
  • What is technical analysis?
    Technical analysis studies price movements, trading momentum and chart patterns to assess market trends and potential changes in sentiment.

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