ACCO BRANDS CORP (ACCO) Stock Technical Analysis
NYSE:ACCO - US00081T1088 - Common Stock
3.93 USD
-0.02 (-0.51%)
3.93 USD
0 (0%)
Overall ACCO gets a technical rating of 5 out of 10. In the past year, ACCO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ACCO is a bad performer in the overall market: 84% of all stocks are doing better.
ACCO is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry, of which 71% are performing better than ACCO.
ACCO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ACCO has a been trading in the 3.52 - 4.04 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ACCO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.96. Right above this resistance zone may be a good entry point.
More info and screens
3.33
5.77
3 important support areas can be observed.
- A support zone ranging from 3.80 to 3.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.46 from a horizontal line in the daily time frame.
- A support zone ranging from 3.36 to 3.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.96 to 4.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.71 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 | UP | POSITIVE | The short term trend for ACCO is up. |
| ChartMill Relative Strength | 16.64 | NEGATIVE | ACCO has a low relative strength, it was outperformed by 83.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACCO is above the rising 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) | 54.42 | NEUTRAL | The RSI value for ACCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ACCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.13 | NEUTRAL | The Stochastics value for ACCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for ACCO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.98 | NEGATIVE | The low ADX value for ACCO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.93
-0.02 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.51%
1 Week0.26%
2 Weeks1.03%
1 Month11.02%
3 Month4.8%
6 Month-16.56%
12 Month-24.28%
2 Year-31.53%
3 Year-19.8%
5 Year-32.24%
10 Year-44.41%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%2.77%
ATR Inc-14.27%
Range Today0.09
ADR(20)0.1
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.64
Mansfield-2.11
10 Day High4.05
10 Day Low3.82
20 Day High4.05
20 Day Low3.52
52 Week High6.44
52 Week Low3.32
CS1 End3.86
CR1 Start3.96
Volume & EV
DER(3)1.03%
DER(5)2.13%
Volume393.07K
Volume Incr-25.59%
Vol(5)446.63K
Vol(50)594.37K