AMCOR PLC (AMCR) Stock Technical Analysis
USA - NYSE:AMCR - JE00BJ1F3079 - Common Stock
7.97 USD
+0.01 (+0.13%)
7.98 USD
+0.01 (+0.13%)
Overall AMCR gets a technical rating of 0 out of 10. AMCR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
91% 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 95% are performing better than AMCR.
AMCR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month AMCR has a been trading in the 7.90 - 8.48 range, which is quite wide. It is currently trading near the lows of this range.
AMCR has an average volume of 24254300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
7.87
10.32
We found 1 important support area.
- A support zone ranging from 7.95 to 7.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 8.03 to 8.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.33 to 9.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 9.79 to 9.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.22 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for AMCR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMCR is down. |
| ChartMill Relative Strength | 9.59 | NEGATIVE | AMCR has a low relative strength, it was outperformed by 90.41% 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) | DOWN | NEGATIVE | The current price of AMCR is below a declining 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) | 34.17 | NEUTRAL | The RSI value for AMCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AMCR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 19.1 | OVERSOLD | The low Stochastics value suggests AMCR may be oversold. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for AMCR suggests low volalility. |
| Average Directional Index/ADX (14) | 27.77 | POSITIVE | The high ADX value value for AMCR suggests a strong 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)
7.97
+0.01 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.13%
1 Week-2.69%
2 Weeks-0.13%
1 Month-3.16%
3 Month-17.49%
6 Month-14.58%
12 Month-28.78%
2 Year-10.35%
3 Year-31.17%
5 Year-23.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.65%
ATR Inc-4.89%
Range Today0.07
ADR(20)0.13
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.59
Mansfield-2.53
10 Day High8.25
10 Day Low7.9
20 Day High8.48
20 Day Low7.9
52 Week High11.46
52 Week Low7.9
CS1 End7.96
CR1 Start8.03
Volume & EV
DER(3)1.29%
DER(5)1.53%
Volume11.42M
Volume Incr-37.88%
Vol(5)14.00M
Vol(50)24.25M