AMCOR PLC stock forecast: up to 10.61 USD AMCR stock price prognosis

STOCK

Forecast for Fri 04 Aug 2023 price 10.61

AMCOR PLC stock price forecast for further price development up to 6.15% (time horizon: 1 day) and price target of 10.61 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) AMCOR PLC share price prediction for 2023-08-04 with daily closed price projections

Key Facts

Symbol AMCR

ISIN USG0250X1075

CUSIP G0250X107

Currency USD

Category Miscellaneous Manufacturing Industries

Forecast price change %

News sentiment (0.33)

News <--> Close correlation for next day influence (-0.33)

Finance numbers

Revenue 12,549,000,000.0

Earnings per share 0.55

Dividends 0.46

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Areas of competition include service, innovation, quality, and price. Unless otherwise indicated, positions shown are with Amcor. This consolidation has increased the concentration of our business with these customers. We cannot predict with certainty the changes that may affect our competitiveness. We may face challenges in integrating our acquisitions with our existing operations. We also rely on trade secrets, know-how and other unpatented proprietary technology.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1748790/000174879020000025/0001748790-20-000025.txt

Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

Meta analyst score 56.42/100

Not in ideal financial position.
Historical view, profit is growing.
Company revenue is growing faster compared with the industry.
Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name	Date	Amount
Coppell Advisory Solutions LLC	2023-03-31	12117
Coppell Advisory Solutions LLC	2022-12-31	6215
KB FINANCIAL PARTNERS, LLC	2023-03-31	144
Russell Investments Group, Ltd.	2023-03-31	924
McIlrath & Eck, LLC	2023-03-31	56

Fund ownership list is based on filling form information

Fund name	Date	Amount	Profile
NuShares ETF Trust	2023-01-31	4142	Long
Centaur Mutual Funds Trust	2023-01-31	649	Long
Monteagle Funds	2023-02-28	18800	Long
Mutual of America Investment Corp	2023-03-31	197995	Long
Mutual of America Investment Corp	2023-03-31	200	Long

Insider trading for AMCOR PLC

CIK	Name	Date	Action	T-Test 1day	T-Test 7day	T-Test 14day	T-Test 30day
1525504	Long Nicholas T.	2022-12-12	SALE	Accept	Accept	Accept	Accept
1775837	Wilson Ian	2022-12-02	SALE	Accept	Accept	Accept	Accept
1776195	Delia Ronald Stephen	2022-09-12	SALE	Accept	Accept	Accept	Accept
1706057	Roegner Eric V	2022-08-26	SALE	Accept	Accept	Accept	Accept
1830702	Zacka Michael J	2022-09-09	SALE	Accept	Accept	Reject	Accept
1776077	Casamento Michael	2022-08-31	SALE	Accept	Accept	Reject	Reject
1739321	Stephan Louis Fred	2022-12-01	SALE	Accept	Accept	Accept	Reject
1766686	Bertone Andrea E.	2022-12-12	SALE	Accept	Accept	Accept	Accept

Assets / Liabilities

Bollinger Bollinger Bands for AMCOR PLC can provide the information where the market is moving based on price information.

AMCOR PLC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns AMCOR PLC.

On-Balance Volume information for AMCOR PLC. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for AMCOR PLC. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for AMCOR PLC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for AMCOR PLC. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for AMCOR PLC. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for AMCOR PLC. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for AMCOR PLC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High	52W Low	Market Cap

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News sentiment

Trend:

Figure below show the stock predictions.

Date	Closing price	Prediction was updated
2023-08-04	10.61	2023-06-09 14:53
2023-08-02	10.59	2023-06-09 14:53
2023-07-31	10.57	2023-06-09 14:53
2023-08-01	10.58	2023-06-09 14:53
2023-08-03	10.60	2023-06-09 14:53
2023-06-12	10.07	2023-06-09 14:53
2023-06-13	10.07	2023-06-09 14:53
2023-06-14	10.10	2023-06-09 14:53
2023-06-15	10.11	2023-06-09 14:53
2023-06-21	10.17	2023-06-09 14:53
2023-06-16	10.11	2023-06-09 14:53
2023-06-19	10.13	2023-06-09 14:53
2023-06-20	10.16	2023-06-09 14:53
2023-06-22	10.18	2023-06-09 14:53
2023-06-23	10.20	2023-06-09 14:53
2023-06-26	10.21	2023-06-09 14:53
2023-06-27	10.23	2023-06-09 14:53
2023-06-28	10.25	2023-06-09 14:53
2023-06-29	10.27	2023-06-09 14:53
2023-06-30	10.29	2023-06-09 14:53
2023-07-03	10.31	2023-06-09 14:53
2023-07-04	10.32	2023-06-09 14:53
2023-07-05	10.33	2023-06-09 14:53
2023-07-06	10.35	2023-06-09 14:53
2023-07-07	10.36	2023-06-09 14:53
2023-07-10	10.38	2023-06-09 14:53
2023-07-11	10.39	2023-06-09 14:53
2023-07-12	10.41	2023-06-09 14:53
2023-07-13	10.42	2023-06-09 14:53
2023-07-14	10.43	2023-06-09 14:53
2023-07-17	10.45	2023-06-09 14:53
2023-07-18	10.46	2023-06-09 14:53
2023-07-19	10.47	2023-06-09 14:53
2023-07-20	10.49	2023-06-09 14:53
2023-07-21	10.50	2023-06-09 14:53
2023-07-24	10.51	2023-06-09 14:53
2023-07-25	10.52	2023-06-09 14:53
2023-07-26	10.54	2023-06-09 14:53
2023-07-27	10.55	2023-06-09 14:53
2023-07-28	10.56	2023-06-09 14:53

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.