AMCOR PLC (AMCR) Stock Technical Analysis
NYSE:AMCR - New York Stock Exchange, Inc. - JE00BJ1F3079 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AMCR. AMCR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AMCR is a bad performer in the overall market: 66% of all stocks are doing better.
AMCR has an average volume of 17027600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AMCR is an average performer in the Containers & Packaging industry, it outperforms 56% 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 currently trading near new highs, so AMCR is lagging the market.
In the last month AMCR has a been trading in the 9.29 - 9.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. There is a support zone below the current price at 9.61, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.29
11.55
When analyzing the support we notice one important area.
- A support zone ranging from 9.38 to 9.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.76 to 9.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.43 from a horizontal line in the daily time frame.
- Resistance @11.12 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.38 to 11.44. 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
CRS34.48
Mansfield-1.14
10 Day High9.93
10 Day Low9.53
20 Day High9.93
20 Day Low9.29
52 Week High11.48
52 Week Low8.78
Performance
1 Week-0.2%
2 Weeks1.46%
1 Month4.39%
3 Month-4.97%
6 Month-7.32%
12 Month3.83%
2 Year-19.15%
3 Year-18.82%
5 Year-7.93%
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)0.04
RSI(14)51.59
LBB9.44
UBB9.95
AMCOR PLC
NYSE:AMCR (1/30/2025, 8:04:06 PM)
After market: 9.7587 +0.01 (+0.09%)9.75
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0%
1 Week-0.2%
2 Weeks1.46%
1 Month4.39%
3 Month-4.97%
6 Month-7.32%
12 Month3.83%
2 Year-19.15%
3 Year-18.82%
5 Year-7.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.56%
ATR Inc-9.95%
Range Today0.1
ADR(20)0.14
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.48
Mansfield-1.14
10 Day High9.93
10 Day Low9.53
20 Day High9.93
20 Day Low9.29
52 Week High11.48
52 Week Low8.78
CS1 End9.61
CR1 Start9.76
Volume & EV
DER(3)1.97%
DER(5)2.55%
Volume14.17M
Volume Incr5.92%
Vol(5)15.19M
Vol(50)17.03M