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Paper Packaging Industry Stocks Technical Analysis - AMCRArchive - 3/21/2025 - Sign In to see current Signals. |
AMCOR LTD ADR (AMCR) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the AMCOR LTD ADR (AMCR). During the week, the AMCR dropped -0.34 points, or -3.48%, and closed at 9.44 on Friday, March 21, 2025. Weekly volume was 164% above average.
Long-term trend: [See AMCR long-term trend chart] A long-term uptrend had started on October 23, 2023 at 8.45 and reached 11.48 on September 27, 2024. AMCR gained -3.03 points, or -35.86%, in 48 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (9.96) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See AMCR medium-term trend chart] A medium-term downtrend had started on March 10, 2025 at 10.45 and reached 9.25 on March 21, 2025. AMCR lost 1.20 points, or 11.48%, in 1 weeks. The price is now at the 15.83% retracement level.
Weekly Technical Indicators: [See AMCR weekly technical indicators chart] Weekly technical indicators are neutral. Weekly Relative Strength Index has bullish divergence. Use the following links to access the Relative Strength Index help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Relative Strength Index help. During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
Short-term trend: [See AMCR short-term trend chart] A short-term downtrend had started on March 18, 2025 at 9.93 and reached 9.25 on March 21, 2025. AMCR lost 0.68 points, or 6.85%, in 3 days. The price is now at the 27.94% retracement level.
Daily Technical Indicators: [See AMCR daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since February 27, 2025. This is an indication that the short-term trend is down. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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