AMCOR PLC (AMCR)

JE00BJ1F3079 - Common Stock

8.97  +0.02 (+0.22%)

After market: 8.97 0 (0%)

Technical Rating and Analysis

1

Overall AMCR gets a technical rating of 1 out of 10. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AMCR is a bad performer in the overall market: 79% of all stocks are doing better.
AMCR is one of the lesser performing stocks in the Containers & Packaging industry. 90% of 23 stocks in the same industry do better.
AMCR is currently trading in the lower part 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.
AMCR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
AMCR has an average volume of 7832730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
AMCR Weekly chart
AMCR Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, AMCR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.95, 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.
Support and Resistance Analysis

8.79

9.95

We found 1 important support area.

  • A support zone ranging from 8.88 to 8.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 9.07 to 9.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 9.53 to 9.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 9.76 to 9.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.26
Mansfield-1.5
10 Day High9.1
10 Day Low8.8
20 Day High9.56
20 Day Low8.8
52 Week High11.09
52 Week Low8.45
Performance
1 Week0%
2 Weeks0.67%
1 Month-5.68%
3 Month-5.97%
6 Month3.58%
12 Month-18.23%
2 Year-24.37%
3 Year-23.66%
5 YearN/A
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
RSI(14)44.44
LBB8.73
UBB9.26
AMCR Daily chart

AMCOR PLC

NYSE:AMCR (4/26/2024, 7:04:00 PM)

After market: 8.97 0 (0%)

8.97

+0.02 (+0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.22%
1 Week0%
2 Weeks0.67%
1 Month-5.68%
3 Month-5.97%
6 Month3.58%
12 Month-18.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%1.82%
ATR Inc
Range Today0.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.1
10 Day Low8.8
20 Day High9.56
20 Day Low8.8
52 Week High11.09
52 Week Low8.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.73M
Volume Incr-14.81%
Vol(5)5.58M
Vol(50)7.83M