Highlights

• Daily ASX trend scan revealing notable uptrends and downtrends.

• Key resource and lithium names highlighted with one-line entity notes.

• Practical, question-led guide to reading trend scans and charts.

Daily ASX scans spotlight resource demand and tech supply, listing feature names with concise entity notes and question-led guidance for reading charts and applying trend signals to further analysis.

A fresh, question-led review of the ASX trend scans that cuts straight to what matters for market watchers: which resources and tech names are drawing momentum, which sectors are showing supply pressure, and what the scan lists reveal about market structure. This piece begins with the ASX 200 as a navigational anchor and then drills into the most notable companies named in the daily scan, offering concise entity notes and clear, question-based sections that make the technical picture easy to follow. ASX 200

What is a daily ASX trend scan?

A daily trend scan is a technical snapshot that identifies stocks showing sustained directional movement or recent reversals. Trend scans help readers parse which names are displaying excess demand or excess supply. The methodology behind these scans blends multi-timeframe ribbons with price action patterns and demand-side candle signals.

What are the key uptrend names today?

The scan highlights a cluster of resource and lithium names that are featuring strong demand profiles. Each company is noted once below with a brief entity definition.

• Fortescue (ASX:FMG) — a major iron ore producer with large scale resource operations.

• Mineral Resources (ASX:MIN) — integrated mining services and resources group.

• Pilbara Minerals (ASX:PLS) — lithium producer focused on spodumene operations.

• Liontown Resources (ASX:LTR) — Australian lithium explorer and developer.

• Iluka Resources (ASX:ILU) — mineral sands company with diversified operations.

• Argosy Minerals (ASX:AGY) — battery materials explorer focused on strategic minerals.

• Champion Iron (ASX:CIA) — iron ore producer with high grade deposits.

• Core Lithium (ASX:CXO) — explorer and developer in the lithium sector.

• Delta Lithium (ASX:DLI) — emerging lithium explorer.

• Galan Lithium (ASX:GLN) — lithium explorer with regional projects.

• Genesis Minerals (ASX:GMD) — gold explorer and developer.

• Healius (ASX:HLS) — health services provider with diagnostic and pathology operations.

• Lake Resources (ASX:LKE) — lithium developer with brine-based extraction focus.

• Emeco Holdings (ASX:EHL) — specialist heavy earthmoving services for mining.

• Vaneck Australian Resources ETF (ASX:MVR) — exchange traded fund tracking Australian resource exposure.

• Pmet Resources (ASX:PMT) — exploration company with resource focus.

• Westgold Resources (ASX:WGX) — gold producer with local operations.

Which companies showed the strongest turnaround setups?

Turnaround setups are identified where long term trend ribbons shift from neutral to supportive and short term ribbons show renewed upward action. The scan cites several names that meet these criteria, with emphasis on lithium and select base metal producers. The turnaround checklist includes neutral or better long term ribbon, rising short term ribbon, rising peaks and troughs, and recent close above the long term ribbon accompanied by demand-side candles.

What are the notable downtrends?

The downtrends list contains a number of established tech and services names where supply features most prominently. Each listed once with a one-line entity note.

• Audinate Group (ASX:AD8) — audio networking technology developer.

• Catapult (ASX:CAT) — wearable performance analytics provider for sport.

• Cochlear (ASX:COH) — implantable hearing device manufacturer.

• CSL (ASX:CSL) — global biotherapeutics and vaccine company.

• Gentrack (ASX:GTK) — software provider for utilities and energy.

• Nuix (ASX:NXL) — provider of investigative analytics software.

• Nextdc (ASX:NXT) — data centre operator offering wholesale and retail services.

• OOH!Media (ASX:OML) — out of home media company.

• Pro Medicus (ASX:PME) — medical imaging software business.

• Telix Pharmaceuticals (ASX:TLX) — clinical stage radiopharmaceuticals developer.

• Treasury Wine Estates (ASX:TWE) — global wine company and brand owner.

• Tyro Payments (ASX:TYR) — payments provider for merchant services.

• Web Travel Group (ASX:WEB) — online travel and booking platform.

• Xero (ASX:XRO) — cloud accounting software provider.

How to read feature charts called out in the scan

Feature charts are singled out for showing the clearest expressions of excess demand or supply. Look for these visual cues: ribbon colour shifts, pattern of rising peaks and troughs for uptrends, and dominance of demand-side candle bodies in the recent sequence. For downtrends, look for persistent supply-side bodies and failure to reclaim long term ribbon territory.

Where do lithium names fit in the broader resource story?

Lithium names dominate the uptrends scan and are central to the resources narrative. The technical language the scan uses — turnaround setups and continuation setups — helps identify early momentum in companies focused on battery minerals. For broader context within the sector, refer to the ASX mining landscape captured under the keyword ASX mining stocks. This linkage places individual technical moves in a sector-level frame.

What does rotation between sectors look like?

The daily lists show rotation between resource led flows and technology or services led supply pressure. Resource names appear in the demand list while several tech and healthcare software firms appear on the supply list. That juxtaposition is the hallmark of cross sectional rotation and is useful for readers looking to map market breadth.

How to use the uptrends and downtrends lists practically?

Use the lists as a technical reference to prioritise chart review. The scan is not a recommendation tool; it is an alert mechanism that flags names for further chart study. The key is to combine the scan signals with an understanding of long term trend ribbon behaviour and price action patterns to form a clearer picture of momentum and reversal probability.

Which feature charts merit closer study?

Feature charts called out in the daily list include both resource and tech names. Resource feature charts tend to show sustained demand-side momentum and ribbon alignment. Tech and services feature charts in the downtrends list show sustained supply features. Each featured name in the scan is worth focused chart work to understand the sequence that led to the scan inclusion.

How reliable are scan appearances over time?

The scan methodology is persistent: names that continue to meet the criteria will reappear, while those that no longer meet the filters drop off. There are no notifications when a name exits the list, so repeated manual checks or systematic chart review remain important.

What keywords and resources are useful for deeper context?

Readers seeking broader market context can reference the ASX market hub via ASX stock market, a close look at major large cap coverage through ASX 100, broader market breadth via ASX ordinaries stocks, and dividend focus via ASX dividend stocks.

Today's scan presents a clear resource-led demand list contrasted with a tech and services supply list. The methodology rewards repeated chart review and encourages readers to treat scans as a coordination tool for deeper technical research rather than as a stand-alone directive.