Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Amcor (ASX:AMC) : The current Fibonacci Extension levels are:
The current support levels are:
Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.
Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
PROFILE: Amcor (AMC.AX)
Stock Exchange: ASX
Ticker Codes: | AMC.AX | 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.
|MIN Mineral Resources||15.81||10.6||2,899,146||5.96||BULLISH|
|HFR Highfield Resources||0.69||5.4||91,323||0.14||BULLISH|
|AGG Anglogold Ashanti||3.45||5.2||57,115||1.47||BULLISH|
|RSG Resolute Mining||1.11||4.7||5,482,309||0.32||BULLISH|
|SAR Saracen Mineral||2.82||4.4||4,549,291||0.81||BULLISH|
|LNG Liquefied Natural Gas||0.51||4.1||371,952||0.51||BULLISH|
|FNP Freedom Nutritional Products||4.87||4.1||261,577||4.87||BULLISH|
|SSM Service Stream||1.77||4.1||386,419||0.31||BULLISH|