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Paper Packaging Industry Stocks Technical Analysis - AMCRArchive
- 6/12/2026 -
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AMCOR LTD ADR (AMCR) Technical Analysis
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| Summary:
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| | It was a first positive week for the AMCOR LTD ADR (AMCR). During the week, the AMCR gained 2.47 points, or 6.48%, and closed at 40.60 on Friday, June 12, 2026. It was the best weekly gain since February 6, 2026. Weekly volume was -36% below average.
 Long-term trend: [See AMCR long-term trend chart]
A long-term downtrend had started on September 27, 2024 at 57.40 and reached 36.25 on May 20, 2026. AMCR lost 21.15 points, or 36.85%, in 85 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend resistance line (40.44). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See AMCR medium-term trend chart]
A medium-term downtrend had started on May 6, 2026 at 41.36 and reached 36.25 on May 20, 2026. AMCR lost 5.11 points, or 12.35%, in 2 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (38.88) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AMCR may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line 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 13, 2026. 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 uptrend had started on May 20, 2026 at 36.25 and reached 40.95 on June 12, 2026. AMCR gained -4.70 points, or -12.97%, in 23 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (38.36) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
 Daily Technical Indicators: [See AMCR daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since May 21, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. 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.
The price touches the upper Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
 Candlestick pattern: [See AMCR candlestick chart pattern]
On Friday the chart has formed a Bearish Doji Star Candlestick pattern. A Bearish Doji Star Pattern occurs in an uptrend and shows that buyers are now losing the control and market is moving to a deadlock between buyers and sellers. The reliability of the Bearish Doji Star pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bearish Doji Star Candlestick pattern during the last week.
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