Is Amcor Plc technically bullish or bearish?
As of April 30, 2025, Amcor Plc shows a strong bearish outlook, indicated by multiple technical indicators including bearish MACD, moving averages, and Bollinger Bands across various time frames.
As of 30 April 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. The MACD is bearish on both the weekly and monthly time frames, and the moving averages on the daily chart also reflect a bearish trend. Bollinger Bands indicate a bearish condition on the monthly and mildly bearish on the weekly. The KST is bearish weekly and mildly bearish monthly, while Dow Theory shows a mildly bearish stance on the weekly but no trend on the monthly. Overall, the combination of these indicators suggests a strong bearish outlook for Amcor Plc.
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