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Downtrend Broken Resist.Archive - 10/17/2025 - 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 a first positive week for the AMCOR LTD ADR (AMCR). During the week, the AMCR gained 0.22 points, or 2.77%, and closed at 8.15 on Friday, October 17, 2025. It was the best weekly gain since August 8, 2025. Weekly volume was -11% below average. AMCR is a member of Materials Sector. Materials is the most oversold sector. 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 September 27, 2024 at 11.48 and reached 7.81 on October 9, 2025. AMCR lost 3.67 points, or 31.97%, in 53 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 6.58 and resistance is at 9.39. 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 downtrend had started on July 10, 2025 at 10.00 and reached 7.81 on October 9, 2025. AMCR lost 2.19 points, or 21.9%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (7.69) 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 medium-term trend.
Weekly Technical Indicators: [See AMCR weekly technical indicators chart] Weekly Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Williams' Percentage Range or strongly oversold weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since August 22, 2025. 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 October 9, 2025 at 7.81 and reached 8.20 on October 17, 2025. AMCR gained -0.39 points, or -4.99%, in 8 days. The price is now at the 12.82% 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 October 13, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 moved above 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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