#AMCR - $13-$16- another nice 5:1 setup
- strong bridge breach
- potential $13
- long term - target line
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0.84 AUD
1.11 B AUD
20.81 B AUD
1.44 B
About Amcor plc
Sector
Industry
CEO
Peter Konieczny
Website
Headquarters
Warmley
Founded
2018
ISIN
AU000000AMC4
FIGI
BBG00LNJRW33
Amcor Plc operates as a holding company, which engages in the provision of consumer packaging business. It operates through the Flexibles and Rigid Packaging segments. The Flexibles segment develops and supplies flexible packaging globally. The Rigid Plastics segment manufactures rigid plastic containers and related products. The company was founded in 1926 and is headquartered in Warmley, the United Kingdom.
Potential outside week and bullish potential for AMCEntry conditions:
(i) higher share price for ASX:AMC above the level of the potential outside week noted on 23-Aug.
Stop loss for the trade would be:
(i) below the swing low of 19th August (i.e.: below $15.53), once the trade has activated.
AMC.ASX: 16 JULY, 2024© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M (Master's Designation).
Forecast: Bullish
Details: Wave 2-grey has just bottomed at the low of 14.10, wave 3-grey is opening, to push higher.
Invalidation point: 14.10
$AMCR with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for $AMCR after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
AMCR on the verge of breaking 19 month consolidation?you guys know my motto, after huge consolidation or downtrend we will see big breakouts in either direction!
a rejection at extreme resistance and a test 10-11 support is likely
Amcor Strong Breakout AMCRA strong Fibonacci circle trend line can be drawn, this is validated by the bottom along 4.618
Another trendline can be drawn along a down period that has been broken out of and under an attempt to move out of 1.618
Very bullish
AMCOR buy conditions set up.Amcor has set up conditions for a buy by having the RSI7 giving an alert by crossing up through 30 and the stochastic buy signal has crossed up through the 27 line and that, in turn, has been confirmed with the EMA21 being flat to rising.
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Summarizing what the indicators are suggesting.
Neutral
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Neutral
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Neutral
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An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
AMCR6028685
Amcor Flexibles North America, Inc. 5.5% 17-MAR-2035Yield to maturity
5.45%
Maturity date
Mar 17, 2035
AMCR5187505
Amcor Flexibles North America, Inc. 2.69% 25-MAY-2031Yield to maturity
5.40%
Maturity date
May 25, 2031
AMCR5589366
Amcor Finance (USA), Inc. 5.625% 26-MAY-2033Yield to maturity
5.37%
Maturity date
May 26, 2033
AMCR5001507
Amcor Flexibles North America, Inc. 2.63% 19-JUN-2030Yield to maturity
5.32%
Maturity date
Jun 19, 2030
AMRG5816379
Amcor Group Finance Plc 5.45% 23-MAY-2029Yield to maturity
5.11%
Maturity date
May 23, 2029
AMCR4983786
Amcor Finance (USA), Inc. 4.5% 15-MAY-2028Yield to maturity
4.84%
Maturity date
May 15, 2028
AMCR6028679
Amcor Flexibles North America, Inc. 4.8% 17-MAR-2028Yield to maturity
4.82%
Maturity date
Mar 17, 2028
AMCR4987667
Bemis Company, Inc. 3.1% 15-SEP-2026Yield to maturity
4.75%
Maturity date
Sep 15, 2026
AMCR4984434
Amcor Finance (USA), Inc. 3.625% 28-APR-2026Yield to maturity
4.72%
Maturity date
Apr 28, 2026
AMCR4402225
Bemis Company, Inc. 3.1% 15-SEP-2026Yield to maturity
4.14%
Maturity date
Sep 15, 2026
A3LZCV
AMCOR UK FINANCE PLC 2024-29.05.32Yield to maturity
4.02%
Maturity date
May 29, 2032
See all AMC bonds