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:

STOCHASTIC OSCILLATOR


Last Signal:

BULLISH


Trading: BUY @ $14.85
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Amcor (ASX:AMC) is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.



In technical analysis of securities trading the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr George Lane developed this indicator in the late 1950s. The term stochastic refers to the point of a current price in relation to its price range over a period of time. This method attempts to predict price turning points by comparing the closing price of a security to its price range.

Calculation: Stochastic Oscillator:
1) %K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100;
2) %D = 3-day SMA of %K Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %K is multiplied by 100 to move the decimal point two places;


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:

Stochastic Oscillator

Download button icon Download
Company Close Change (%) Volume Value Signal
SVW Seven Holdings 19.02 12.2 2,028,025 67.2 NEUTRAL
NWH NRW 2.28 9.6 3,181,761 58.1 NEUTRAL
SXY Senex Energy 0.38 7.1 10,983,458 63.6 NEUTRAL
MAH Macmahon 0.26 6.1 4,352,517 48.3 NEUTRAL
CIA Champion Iron 1.59 5.7 299,939 55.9 NEUTRAL
BSA Broadcast Services Australia 0.29 5.6 67,709 30 NEUTRAL
SGM Sims 11.66 4.7 1,667,336 58.9 NEUTRAL
IMD Imdex 1.21 4.3 561,356 71.4 NEUTRAL
GSW Getswift 0.48 4.3 174,155 56.4 NEUTRAL
SMX Sms Management & Technology 0.28 3.7 7,893 30.8 NEUTRAL
back to top