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Archive
- 6/5/2026 -
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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 dropped -0.69 points, or -1.78%, and closed at 38.13 on Friday, June 5, 2026. Weekly volume was -32% below average.
 Long-term trend: [See AMCR long-term trend chart]
A long-term downtrend had started on September 27, 2024 at 57.40 and reached 36.25 on May 20, 2026. AMCR lost 21.15 points, or 36.85%, in 85 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 37.19 and resistance is at 40.64. 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 May 6, 2026 at 41.36 and reached 36.25 on May 20, 2026. AMCR lost 5.11 points, or 12.35%, in 2 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend support (38.06) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
 Weekly Technical Indicators: [See AMCR weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly 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.
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 uptrend had started on May 20, 2026 at 36.25 and reached 39.99 on May 27, 2026. AMCR gained -3.74 points, or -10.32%, in 7 days. The price is now at the 49.73% 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 May 21, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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.
 Candlestick pattern: [See AMCR candlestick chart pattern]
On Friday the chart has formed a Bullish Piercing Line Candlestick pattern. This pattern suggests bulls have begun to take charge of the market, and shorts have been shaken by the sudden lost of bearish momentum. The reliability of the Bullish Piercing Line pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bullish Piercing Line Candlestick pattern during the last week.
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