Amcor (AMC)

Download button icon Download

Amcor (AMC): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Amcor (AMC.AX)


Indicator:

ACCUMULATION DISTRIBUTION


Last Signal:

BULLISH


Trading: HOLD @ $13.22
Signal Strength: MEDIUM
Recommendation:

Amcor (ASX:AMC) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 1.07796e+006. day. During the quarter, the highest ADLINE value was 1.26221e+006.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


PROFILE: Amcor (AMC.AX)


Stock Exchange: ASX
Company: Amcor
Ticker Codes: | AMC.AX | ASX:AMC |

About Amcor (ASX:AMC):

Amcor Limited provides packaging solutions in Western Europe, North America, Australia, New Zealand, and internationally. It operates through Amcor Rigid Plastics, Amcor Flexibles, and Other/Investments segments. The company manufactures rigid plastic containers for a range of beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications. It also manufactures flexible and film packaging for the food and beverage industry, including confectionery, coffee, fresh food and dairy, and pet food packaging; and medical and pharmaceutical, fresh produce, and snack food segments. In addition, the company offers flexible packaging for specialty folding cartons for tobacco packaging and other industries; and packaging solutions for home and personal care products. Amcor Limited was incorporated in 1926 and is headquartered in Southbank, Australia.

Top 10:

Accumulation Distribution

Download button icon Download
Company Close Change (%) Volume Value Signal
EDE Eden Energy 0.11 18.3 18,226,541 2,346,856.5 BULLISH
BAF Blue Sky Alternatives 0.9 5.9 979,344 145,869.2 BULLISH
CCV Cash Converters International 0.28 5.8 647,158 44,897.9 BULLISH
SMN Structural Monitoring Systems 1.1 5.8 33,656 21,238.9 BULLISH
VOC Vocus Communications 3.4 5.6 6,543,793 1,085,201.3 BULLISH
MGX Mount Gibson Iron 0.48 5.6 1,145,128 234,711 BULLISH
NWH NRW 2.05 5.1 1,094,979 227,334.7 BULLISH
GNG GR Engineering Services 1.31 4.8 25,920 4,758.4 BULLISH
FMG Fortescue Metals 3.97 4.5 17,327,462 4,225,528 BULLISH
COE Cooper Energy 0.49 4.3 2,132,013 1,134,397 BULLISH
back to top