Markets

ASX Technical Scan: CSL and Omega Lead Uptrends

By Markets Desk · 2026-09-14 · 2 min read

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CSL shares rose 25.7 percent in one month, leading a group of five stocks identified in a new technical analysis scan of the Australian Securities Exchange.

CSL shares rose 25.7 percent over the last month. This gain places the company at the top of the latest uptrend list. Omega Oil & Gas shares climbed 64.4 percent in the same period. Santos shares increased by 9.3 percent in one month. Suncorp shares moved up 1.1 percent over the same timeframe.

The scan identifies five stocks with strong upward momentum. These include CSL, Fleetpartners, Omega Oil & Gas, Santos, and Suncorp. The data comes from a technical analysis methodology. The report highlights these names as having the highest excess demand. Investors use this data to track price direction.

Downtrend List Includes Major Firms

Ten stocks appear on the downtrend list. Droneshield, Fortescue, and Goodman Group are on this list. Harvey Norman and IDP Education are also included. Macquarie Technology and Nextdc share this negative trend. WA1 Resources, Weebit Nano, and Webjet complete the list. These names showed significant price declines recently.

Aussie Broadband shares fell 20.4 percent in one month. Car shares dropped 21.3 percent over the same period. Alurion Resources shares declined by 26.0 percent. These figures reflect short-term price movements. The technical model flags these trends for potential reversal.

Market Cap Varies Across Lists

CSL has a market capitalization of 82.3 billion dollars. Santos is valued at 28.4 billion dollars. Suncorp holds a market cap of 21.0 billion dollars. These are large-cap stocks on the uptrend list. Omega Oil & Gas has a market cap of 448.8 million dollars. This is a small-cap stock with high volatility.

The GN auto markets/indices report provides these figures. The data covers one-month and one-year performance. One-year gains for CSL are negative at 16.6 percent. Omega Oil & Gas shows an 87.6 percent one-year gain. Santos has a 12.5 percent one-year gain. These metrics help compare long and short-term trends.

Technical Analysis Methodology Explained

The analysis uses a trend-following approach. It tracks price momentum and volume. Stocks remain on the list as long as they meet criteria. There are no alerts when a trend ends. Investors must monitor these lists themselves. The method does not provide buy or sell signals.

Users can export the data to trading platforms. This allows for quick chart review. The list updates daily. It focuses on actionable trends. The data is factual and quantitative. It avoids subjective financial advice.

Based on reporting by Market Index, compiled by the Tradingbird desk.