AMCOR PLC (AMCR) Stock Technical Analysis
NYSE:AMCR - New York Stock Exchange, Inc. - JE00BJ1F3079 - Common Stock - Currency: USD
Taking everything into account, AMCR scores 0 out of 10 in our technical rating. AMCR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
71% of all other stocks performed better in the past year than AMCR.
AMCR is one of the lesser performing stocks in the Containers & Packaging industry. 66% of 22 stocks in the same industry do better.
In the last month AMCR has a been trading in the 9.05 - 9.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AMCR has an average volume of 40413000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AMCR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMCR is lagging the market slightly.
AMCR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AMCR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.02
10.75
We found 1 important support area.
- Support @9.11 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 9.32 to 9.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.68 to 9.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.30 to 10.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.64 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.59
Mansfield-1.18
10 Day High9.47
10 Day Low9.07
20 Day High9.69
20 Day Low9.06
52 Week High11.48
52 Week Low8.37
Performance
1 Week1.42%
2 Weeks1.31%
1 Month-2.72%
3 Month-9.27%
6 Month-11.34%
12 Month-6.44%
2 Year-3.53%
3 Year-29.01%
5 Year-8.91%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)48.77
LBB9.02
UBB9.48
9.3
-0.14 (-1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-1.48%
1 Week1.42%
2 Weeks1.31%
1 Month-2.72%
3 Month-9.27%
6 Month-11.34%
12 Month-6.44%
2 Year-3.53%
3 Year-29.01%
5 Year-8.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%2.23%
ATR Inc-36.18%
Range Today0.16
ADR(20)0.2
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.59
Mansfield-1.18
10 Day High9.47
10 Day Low9.07
20 Day High9.69
20 Day Low9.06
52 Week High11.48
52 Week Low8.37
CS1 End9.11
CR1 Start9.32
Volume & EV
DER(3)2.78%
DER(5)4.65%
Volume27.11M
Volume Incr-39.2%
Vol(5)29.95M
Vol(50)40.41M