Amcor PLC

AMCR has breached a well-defined multi-touch support zone on strong volume, confirmed by a Support Failure pattern and downward-trending EMAs. Price is extreme oversold and extended below the 9/20/50 EMAs, suggesting a likely relief bounce before further downside. Prefer trimming into rallies toward the former support—now resistance—around $42.30–$42.75 or the EMA confluence. The long-term uptrend remains intact above the 200-day SMA but would be invalidated on a sustained break below that level.

• ↑Exceeded Berry synergies: $285M realized vs $260M target, guiding mid-single-digit EBITDA growth by 2027
• ↑Passed through $280M pricing inflation this quarter, boosting revenue resiliency amid resin volatility
• ↓FCF guidance trimmed to ~$1.3B for 2026 from $1.8–$1.9B prior, limiting reinvestment