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Archive - 5/29/2026 - 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.
| | It was a second consecutive positive week for the AMCOR LTD ADR (AMCR). During the week, the AMCR gained 0.44 points, or 1.15%, and closed at 38.82 on Friday, May 29, 2026. Weekly volume was -17% 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 trend support level is at 37.27 and resistance is at 40.84. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern 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 price is now at the 50.29% retracement level.
Weekly Technical Indicators: [See AMCR weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 weekly MACD line is below its signal line since March 13, 2026. This is an indication that the medium-term trend is down. 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 39.99 on May 27, 2026. AMCR gained -3.74 points, or -10.32%, in 7 days. The price is now at the 31.28% retracement level.
Daily Technical Indicators: [See AMCR daily technical indicators chart] Daily technical indicators are neutral. 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. The price is close to the moving average in the center of the Bollinger Bands. 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.
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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 |
5 |
| Industry |
Paper Packaging |
14 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
39.99 |
| High Date |
05/27/2026 |
| Low |
38.00 |
| Low Date |
05/28/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
36.25 |
| Low Date |
05/20/2026 |
| High |
39.99 |
| High Date |
05/27/2026 |
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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 |
41.36 |
| High Date |
05/06/2026 |
| Low |
36.25 |
| Low Date |
05/20/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Valid |
| Resistance |
40.84 |
| Support |
37.27 |
| High |
57.40 |
| High Date |
09/27/2024 |
| Low |
36.25 |
| Low Date |
05/20/2026 |
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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 |
68.03 |
| High Date |
06/06/2022 |
| Low |
36.25 |
| Low Date |
05/20/2026 |
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