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:

Supertrend


Last Signal:

BULLISH


Trading: BUY @ $13.49
Signal Strength: STRONG
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) has a current Supertrend of 13.042. This has change 0 points from yesterday.



The Supertrend is a trend following indicator which identifies uptrends and downtrends. The SuperTrend indicator is calculated utilising the ATR to offset the indicator from the common price. Before understanding the supertrend indicator, understanding the ATR is essential as super trend employs ATR values to calculate the indicator values. This indicator fluctuates above and below 0 signalling the current direction of the trend. This is a lagging trend indicator that assists in defining trend directions does not perform well in ranging markets.

Calculation: Supertrend (SUP) :
1) Basic Upper band = (High + Low) / 2 + Multiplier * ATR;
2) Basic Lower band = (High + Low) / 2 - Multiplier * ATR
3) Final Upper band = IF((Basic Upper band < Final Upper band(yest)) OR (Close(yest) > Previous Final Upper band(yest))) THEN (Basic Upper band) ELSE Final Upper band(yest));
4) Final Lower band = IF((Basic Lower band > Final Lowerband (yest)) OR (Close(yest) < Final Lower band(yest))) THEN (Basic Lower band) ELSE Final Lower band(yest));
5) Supertrend = IF(Close <= Final Upper band ) THEN Final Upper band ELSE Final Lower band;
Where Multiplier = 3; Period=14


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:

Supertrend

Download button icon Download
Company Close Change (%) Volume Value Signal
BOC Bougainville Copper 0.19 15.2 2,000 -0.02 BULLISH
MPP Metro Performance Glass 0.5 11.1 6,500 -8.35 BULLISH
TNG Tennant Creek Gold 0.1 10 1,609,390 -0.38 BULLISH
IPD Impedimed 0.23 9.5 320,708 0.05 BULLISH
FRI Finbar International 0.82 9.3 29,707 -0.04 BULLISH
WTP Watpac 0.91 9 114,480 -0.29 BULLISH
VAH Virgin Australia Holdings 0.2 8.3 322,385 -0.16 BULLISH
URF Us Masters Residential Property Fund 1.35 7.6 27,611 -0.01 BULLISH
YAL Yancoal Australia 3.58 6.2 15,958 0.06 BULLISH
WBA Webster 1.74 6.1 217,209 -0.03 BULLISH
back to top