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:

1ST TIMEFRAME TREND


Last Signal:

BULLISH


Trading: BUY @ $13.49
Signal Strength: WEAK
Recommendation:

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) is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position



The Tricklar short term trend indicator (T1) highlights the high points and low points associated with the individual bars. As such, successive rallies penetrating preceding high points whilst cancelling preceding lower troughs offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous Lower peaks whilst maintaining prices below the previous lower troughs indicates BEARISH trends in the second timeframe.

Calculation: Tricklar short trend (T1):
1) [BULLISH] An uptrend is a succession of higher highs and higher lows;
2) [BEARISH] A downtrend is a succession of lower highs and lower lows;


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:

1st timeframe trend

Download button icon Download
Company Close Change (%) Volume Value Signal
MPP Metro Performance Glass 0.5 11.1 6,500 0 NEUTRAL
IPD Impedimed 0.23 9.5 320,708 0 NEUTRAL
FRI Finbar International 0.82 9.3 29,707 0 NEUTRAL
WTP Watpac 0.91 9 114,480 0 NEUTRAL
VAH Virgin Australia Holdings 0.2 8.3 322,385 0 NEUTRAL
URF Us Masters Residential Property Fund 1.35 7.6 27,611 0 NEUTRAL
YAL Yancoal Australia 3.58 6.2 15,958 0 NEUTRAL
WBA Webster 1.74 6.1 217,209 0 NEUTRAL
SGR The Star Entertainment 4.58 5.3 3,025,465 0 NEUTRAL
EPW ERM Power 1.65 5.1 110,867 0 NEUTRAL
back to top