|
Advanced TA SearchArchive - 6/20/2025 - Sign In to see current Signals. |
AMCOR LTD ADR (AMCR) Technical Analysis
|
 |
| 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 -0.13 points, or -1.43%, and closed at 8.97 on Friday, June 20, 2025. Weekly volume was 150% above 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 price is now at the 19.29% retracement level.
Medium-term trend: [See AMCR medium-term trend chart] A medium-term downtrend had started on March 10, 2025 at 10.45 and reached 8.37 on April 9, 2025. AMCR lost 2.08 points, or 19.90%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 9.13 and resistance is at 8.71. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
Weekly Technical Indicators: [See AMCR weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 14, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 23, 2025 at 8.85 and reached 9.30 on June 10, 2025. AMCR gained -0.45 points, or -5.08%, in 18 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (9.21) is broken. A broken support is considered to be a long-term bearish 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 support in a short-term trend.
Daily Technical Indicators: [See AMCR daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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. The price touches the lower Bollinger Band. The distance between the Bollinger Bands (3.57%) is close to one year low (3.91%). It is 59.06% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy 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.
| |
|
|