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Archive
- 8/29/2025 -
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AMCOR LTD ADR (AMCR) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the AMCOR LTD ADR (AMCR). During the week, the AMCR gave back -0.08 points, or -0.92%, and closed at 8.63 on Friday, August 29, 2025. Weekly volume was -9% below average.
 Long-term trend: [See AMCR long-term trend chart]
A long-term downtrend had started on September 27, 2024 at 11.48 and reached 8.37 on April 9, 2025. AMCR lost 3.11 points, or 27.09%, in 27 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 7.04 and resistance is at 9.65. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
 Medium-term trend: [See AMCR medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 8.37 and reached 10.00 on July 10, 2025. AMCR gained -1.63 points, or -19.47%, in 13 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (9.89) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. AMCR may retest the broken support line. It is considered to be a resistance line now. 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 medium-term trend.
 Weekly Technical Indicators: [See AMCR weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 Williams' Percentage Range 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 July 24, 2025 at 9.86 and reached 8.40 on August 27, 2025. AMCR lost 1.46 points, or 14.81%, in 34 days. The price is now at the 15.75% retracement level.
Daily Technical Indicators: [See AMCR daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since August 13, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
The distance between the Bollinger Bands (24.1%) is close to one year high (21.58%). It is 166.81% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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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