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 6 out of 10. AMCR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
In the last month AMCR has a been trading in the 9.40 - 10.43 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
AMCR has an average volume of 19360900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AMCR turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
AMCR is an average performer in the Containers & Packaging industry, it outperforms 69% of 24 stocks in the same industry.
AMCR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMCR is lagging the market slightly.
Volume is considerably higher in the last couple of days.
AMCR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AMCR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.23
11.56
We found 2 important support areas.
- A support zone ranging from 9.78 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.32 to 9.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.20 to 10.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @10.64 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.45 to 11.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.19
Mansfield-0.4
10 Day High10.43
10 Day Low10.02
20 Day High10.43
20 Day Low9.4
52 Week High11.48
52 Week Low8.8
Performance
1 Week-1.27%
2 Weeks0.6%
1 Month4.22%
3 Month-0.49%
6 Month-8.57%
12 Month8.23%
2 Year-10.98%
3 Year-10.59%
5 Year24.75%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)54.1
LBB9.93
UBB10.38
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.34 | 10.01 | 0.33 (3.19%) | 25.00% |
| An entry @10.34. This is a Buy Stop order right above the resistance zone. | An exit @10.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.33 points, which is 3.19%. | For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.13
+0.01 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.1%
1 Week-1.27%
2 Weeks0.6%
1 Month4.22%
3 Month-0.49%
6 Month-8.57%
12 Month8.23%
2 Year-10.98%
3 Year-10.59%
5 Year24.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%1.94%
ATR Inc28.15%
Range Today0.28
ADR(20)0.17
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.19
Mansfield-0.4
10 Day High10.43
10 Day Low10.02
20 Day High10.43
20 Day Low9.4
52 Week High11.48
52 Week Low8.8
CS1 End10.11
CR1 Start10.2
Volume & EV
DER(3)3.71%
DER(5)2.82%
Volume32.49M
Volume Incr30.61%
Vol(5)28.05M
Vol(50)19.36M