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Archive - 4/24/2026 - 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 -2.99 points, or -7.13%, and closed at 38.95 on Friday, April 24, 2026. Weekly volume was -34% below average. AMCR is a member of Materials Sector. Materials is the second most overbought sector. AMCR is a member of Paper Packaging Industry. Paper Packaging is the sixth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See AMCR long-term trend chart] A long-term downtrend had started on June 6, 2022 at 68.03 and reached 37.95 on March 30, 2026. AMCR lost 30.08 points, or 44.22%, in 199 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 37.82 and resistance is at 50.21. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
Medium-term trend: [See AMCR medium-term trend chart] A medium-term downtrend had started on September 27, 2024 at 57.40 and reached 37.95 on March 30, 2026. AMCR lost 19.45 points, or 33.89%, in 78 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 37.66 and resistance is at 42.41. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See AMCR weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since March 13, 2026. This is an indication that the medium-term trend is down. 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 April 17, 2026 at 42.50 and reached 38.63 on April 24, 2026. AMCR lost 3.87 points, or 9.11%, in 7 days. The price is now at the 8.27% retracement level.
Daily Technical Indicators: [See AMCR daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since March 30, 2026. The distance between MACD and the signal line is low and getting smaller. 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. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.
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