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Downtrend Broken Resist.Archive
- 9/11/2026 -
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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 -2.83 points, or -6.27%, and closed at 42.32 on Friday, September 11, 2026. It was the worst weekly loss since May 15, 2026. Weekly volume was -33% 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 downtrend resistance line (34.68) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a long-term trend.
 Medium-term trend: [See AMCR medium-term trend chart]
A medium-term uptrend had started on May 20, 2026 at 36.25 and reached 48.94 on August 24, 2026. AMCR gained -12.69 points, or -35.01%, in 13 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (48.92) 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 technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 Lane's Stochastic help.
The weekly MACD line is above its signal line since June 18, 2026. This is an indication that the medium-term trend is up. 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 September 2, 2026 at 46.95 and reached 42.27 on September 11, 2026. AMCR lost 4.68 points, or 9.97%, in 9 days. Price is near the trend low.
 Daily Technical Indicators: [See AMCR daily technical indicators chart]
Daily Relative Strength Index is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Lane's Stochastic. Use the following link to access Relative Strength Index help.
The daily MACD line is below its signal line since August 24, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term downtrend is strong.
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