ACCO BRANDS CORP (ACCO) Stock Technical Analysis
USA - NYSE:ACCO - US00081T1088 - Common Stock
Overall ACCO gets a technical rating of 0 out of 10. ACCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ACCO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.36, a Stop Loss order could be placed below this zone.
More info and screens
3.33
We found 1 important support area.
- A support zone ranging from 3.36 to 3.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.49 to 3.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 4.01 to 4.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.20 from a horizontal line in the daily time frame.
- Resistance @5.61 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ACCO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACCO is down. |
| ChartMill Relative Strength | 11.38 | NEGATIVE | ACCO has a low relative strength, it was outperformed by 88.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.91 | NEUTRAL | The RSI value for ACCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ACCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.69 | OVERSOLD | The low Stochastics value suggests ACCO may be oversold. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ACCO suggests some volalility. |
| Average Directional Index/ADX (14) | 32.22 | POSITIVE | The high ADX value value for ACCO suggests a strong trend. |
3.42
-0.06 (-1.72%)
ACCO BRANDS CORP / ACCO FAQ
What is the ChartMill technical rating of ACCO BRANDS CORP (ACCO) stock?
ChartMill assigns a technical rating of 0 / 10 to ACCO.
What is the trend direction for ACCO stock?
The current trend direction for ACCO BRANDS CORP (ACCO) is Bearish.
What is the RSI signal for ACCO BRANDS CORP (ACCO) stock?
ACCO BRANDS CORP (ACCO) has an RSI value of 31.9096. This indicates that the stock is currently neutral.
What is the MACD signal for ACCO stock?
The MACD indicator for ACCO BRANDS CORP (ACCO) has a value of -0.0332353, indicating a bearish trend.
What are the support and resistance levels for ACCO BRANDS CORP (ACCO) stock?
ACCO BRANDS CORP (ACCO) has a support level at 3.36 and a resistance level at 3.49. Check the full technical report for our detailed analysis of ACCO support and resistance levels.