ACCO BRANDS CORP (ACCO) Technical Analysis
NYSE:ACCO • US00081T1088
Current stock price
ACCO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ACCO. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ACCO is a bad performer in the overall market: 88% of all stocks are doing better.
- ACCO is one of the lesser performing stocks in the Commercial Services & Supplies industry. 67% of 81 stocks in the same industry do better.
- ACCO is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ACCO is lagging the market.
- ACCO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ACCO Weekly and Daily overview Charts
ACCO Setup Rating and Analysis
ACCO has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ACCO Support and Resistance Analysis
2.83
When analyzing the support we notice one important area.
- A support zone ranging from 2.86 to 2.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @3.01 from a horizontal line in the daily time frame.
- Resistance @4.04 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.14 to 4.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
ACCO Technical Indicator Signal Analysis
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 | 12.68 | NEGATIVE | ACCO has a low relative strength, it was outperformed by 87.32% 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) | 27.29 | OVERSOLD | The low RSI value suggests ACCO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ACCO has a positive trend. |
| Stochastics (14,3) | 15.75 | OVERSOLD | The low Stochastics value suggests ACCO may be oversold. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for ACCO suggests high volalility. |
| Average Directional Index/ADX (14) | 52.73 | POSITIVE | The high ADX value value for ACCO suggests a strong trend. |
ACCO Chart- and CandleStick Pattern Analysis
ACCO Technicals: Chart, Performance Metrics, Trend & Indicators
2.88
-0.05 (-1.71%)
ACCO BRANDS CORP / ACCO TA FAQ
What is the ChartMill technical rating of ACCO BRANDS CORP (ACCO) stock?
ChartMill assigns a technical rating of 0 / 10 to ACCO.
Can you provide the trend direction for ACCO BRANDS CORP?
The current trend direction for ACCO BRANDS CORP (ACCO) is Bearish.
Can you provide the RSI signal for ACCO BRANDS CORP?
ACCO BRANDS CORP (ACCO) has an RSI value of 27.2858. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ACCO BRANDS CORP?
The MACD indicator for ACCO BRANDS CORP (ACCO) has a value of 0.00392772, indicating a bearish trend.
Can you provide the buy/sell signal for ACCO BRANDS CORP?
The buy/sell signal for ACCO BRANDS CORP (ACCO) is sell as both the short term and long term trends are negative.