Trading: SELL @ $13.38
Signal Strength: STRONG
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.
Amcor (ASX:AMC) has a current ARO(25) of -80.0000. This has change 0 points from yesterday.
The Aroon Oscillator is the difference between Aroon-Up and Aroon-Down. These two indicators are usually plotted together for easy comparison but chartists can also view the difference of these two indicators with the Aroon Oscillator. This indicator fluctuates between -100 and +100 with zero as the middle line.
Calculation: Aroon Oscillator (ARO) :
1) Aroon Up = 100 x (25 - Days Since 25-day High)/25;
2) Aroon Down = 100 x (25 - Days Since 25-day Low)/25;
3) Aroon Oscillator = Aroon-Up - Aroon-Down;
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.
|BAL Bellamys Australia||9.18||12.5||2,509,847||-44||BEARISH|
|AYS Amaysim Australia||1.06||9.3||280,426||-84||BEARISH|
|MNS Milnes Holdings||0.31||8.9||461,897||-92||BEARISH|
|BKL Blackmores Laboratories||127.63||8.8||119,034||-92||BEARISH|
|GSC Global Geoscience||0.26||8.3||3,871,071||-84||BEARISH|
|BRN Brainchip Holdings||0.14||8||628,933||-80||BEARISH|
|PME Pro Medicus||10.28||7||190,192||-48||BEARISH|
|MLX Metals X||0.47||6.9||1,037,213||-68||BEARISH|
|BVS Bravura Solutions||4.4||6.8||1,789,711||-20||BEARISH|