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Paper Packaging Industry Stocks Technical Analysis - AMCRArchive - 6/6/2025 - Sign In to see current Signals. |
AMCOR LTD ADR (AMCR) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | During the week, the AMCR has not change and closed at 9.11 on Friday, June 6, 2025. Weekly volume was 25% 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. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance 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 Falling Channel chart pattern. The trend support level is at 8.77 and resistance is at 9.37. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel 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 downtrend had started on April 23, 2025 at 9.69 and reached 8.85 on May 23, 2025. AMCR lost 0.84 points, or 8.67%, in 30 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 8.74 and resistance is at 9.30. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern 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 above its signal line. Such crossover is considered a bullish signal. A Parabolic SAR (stop and reversal) indicator (9.2) comes close to the price (9.11). It indicates that the trend is getting weaker. 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.
Candlestick pattern: [See AMCR candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Materials |
7 |
Industry |
Paper Packaging |
34 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Symmetric Triangle |
Low |
8.85 |
Low Date |
05/23/2025 |
High |
9.22 |
High Date |
05/27/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Channel |
Status |
Valid |
Resistance |
9.30 |
Support |
8.74 |
High |
9.69 |
High Date |
04/23/2025 |
Low |
8.85 |
Low Date |
05/23/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Channel |
Status |
Valid |
Resistance |
9.37 |
Support |
8.77 |
High |
10.45 |
High Date |
03/10/2025 |
Low |
8.37 |
Low Date |
04/09/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
11.48 |
High Date |
09/27/2024 |
Low |
8.37 |
Low Date |
04/09/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
13.61 |
High Date |
06/06/2022 |
Low |
8.37 |
Low Date |
04/09/2025 |
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