AMCOR PLC (AMCR) Stock Technical Analysis
NYSE:AMCR - New York Stock Exchange, Inc. - JE00BJ1F3079 - Common Stock - Currency: USD
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.
75% of all other stocks performed better in the past year than AMCR.
AMCR is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 66% are performing better than AMCR.
In the last month AMCR has a been trading in the 9.20 - 10.00 range, which is quite wide. It is currently trading near the lows of this range.
AMCR has an average volume of 24827000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
AMCR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMCR is lagging the market.
The technical rating of AMCR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.86
9.99
When analyzing the support we notice one important area.
- A support zone ranging from 8.95 to 9.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.40 to 9.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.59 to 9.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AMCR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMCR is down. |
| ChartMill Relative Strength | 25.3 | NEGATIVE | AMCR has a low relative strength, it was outperformed by 74.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMCR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMCR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.17 | NEUTRAL | The RSI value for AMCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AMCR has a negative trend. |
| Stochastics (14,3) | 17 | OVERSOLD | The low Stochastics value suggests AMCR may be oversold. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for AMCR suggests low volalility. |
| Average Directional Index/ADX (14) | 17.48 | NEGATIVE | The low ADX value for AMCR suggests a weak or negative trend. |
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)
9.4
+0.1 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.08%
1 Week-2.39%
2 Weeks-0.11%
1 Month-2.89%
3 Month3.07%
6 Month-6.19%
12 Month-10.98%
2 Year-3.49%
3 Year-21.73%
5 Year-15.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.84%
ATR Inc24.28%
Range Today0.14
ADR(20)0.16
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.3
Mansfield-1.27
10 Day High9.86
10 Day Low9.2
20 Day High10
20 Day Low9.2
52 Week High11.48
52 Week Low8.37
CS1 End9.35
CR1 Start9.4
Volume & EV
DER(3)3.39%
DER(5)2.92%
Volume17.25M
Volume Incr36.56%
Vol(5)27.14M
Vol(50)24.83M