Amcor plc is a packaging company. Co. is engaged in developing and producing solutions across a variety of materials for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Co. operates through two segments: Flexibles and Rigid Packaging. The Flexibles segment consists of operations that manufacture flexible and film packaging in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.
When researching a stock like Amcor, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from AMCR Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for AMCR stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the AMCR 200 day moving average ("AMCR 200 DMA"), while one of the most popular "shorter look-backs" is the AMCR 50 day moving average ("AMCR 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Amcor. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the AMCR 200 DMA and the AMCR 50 DMA, we get a moving average convergence divergence indicator ("AMCR MACD"). The AMCR MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis