ACCO BRANDS CORP (ACCO) Technical Analysis
NYSE:ACCO • US00081T1088
Overall ACCO gets a technical rating of 4 out of 10. ACCO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 72% of all other stocks performed better in the past year than ACCO.
- In the last month ACCO has a been trading in the 3.90 - 4.30 range, which is quite wide. It is currently trading near the lows of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- ACCO is an average performer in the Commercial Services & Supplies industry, it outperforms 53% of 81 stocks in the same industry.
- ACCO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACCO is lagging the market slightly.
Although the technical rating is only medium, ACCO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ACCO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.34
When analyzing the support we notice one important area.
- A support zone ranging from 3.37 to 3.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.20 to 4.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ACCO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ACCO is neutral. |
| ChartMill Relative Strength | 28.23 | NEGATIVE | ACCO has a low relative strength, it was outperformed by 71.77% 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) | UP | MIXED | The current price of ACCO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.01 | 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. |
| Stochastics (14,3) | 18.85 | OVERSOLD | The low Stochastics value suggests ACCO may be oversold. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for ACCO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.15 | NEGATIVE | The low ADX value for ACCO suggests a weak or negative trend. |
ACCO Technicals: Chart, Performance Metrics, Trend & Indicators
3.91
-0.11 (-2.74%)
ACCO BRANDS CORP / ACCO FAQ
What is the ChartMill technical rating of ACCO BRANDS CORP (ACCO) stock?
ChartMill assigns a technical rating of 4 / 10 to ACCO.
Can you provide the trend direction for ACCO BRANDS CORP?
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 42.0062. This indicates that the stock is currently neutral.
What is the short term momentum for ACCO stock?
The short term momentum for ACCO BRANDS CORP (ACCO) is neutral.
Can you provide the support and resistance levels for ACCO BRANDS CORP?
ACCO BRANDS CORP (ACCO) has a support level at 3.37 and a resistance level at 4.2. Check the full technical report for our detailed analysis of ACCO support and resistance levels.