ACCENTURE PLC-CL A (ACN) Stock Technical Analysis
NYSE:ACN - New York Stock Exchange, Inc. - IE00B4BNMY34 - Common Stock - Currency: USD
Overall ACN gets a technical rating of 0 out of 10. ACN'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.
91% of all other stocks performed better in the past year than ACN.
ACN is part of the IT Services industry. There are 82 other stocks in this industry, of which 70% are performing better than ACN.
ACN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ACN has a been trading in the 245.74 - 304.19 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ACN has an average volume of 3738640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ACN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
244.60
384.80
4 important resistance areas can be observed.
- A resistance zone ranging from 270.92 to 272.11. 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 283.16 to 287.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @316.33 from a horizontal line in the daily time frame.
- Resistance @380.99 from a horizontal 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 ACN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACN is down. |
| ChartMill Relative Strength | 9.76 | NEGATIVE | ACN has a low relative strength, it was outperformed by 90.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.33 | OVERSOLD | The low RSI value suggests ACN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.69 | NEGATIVE | The MACD value suggests ACN has a negative trend. |
| Stochastics (14,3) | 6.19 | OVERSOLD | The low Stochastics value suggests ACN may be oversold. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for ACN suggests some volalility. |
| Average Directional Index/ADX (14) | 35.51 | POSITIVE | The high ADX value value for ACN suggests a strong 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)
247.07
-11.71 (-4.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-4.53%
1 Week-11.41%
2 Weeks-13.9%
1 Month-18.55%
3 Month-19.76%
6 Month-35.99%
12 Month-21.77%
2 Year-23.69%
3 Year-14.35%
5 Year2.98%
10 Year162.09%
15 Year575.05%
Volatility
ATR(14)6.1
ATR(20)%2.59%
ATR Inc50.85%
Range Today10.06
ADR(20)5.6
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.76
Mansfield-3.05
10 Day High291
10 Day Low245.74
20 Day High304.19
20 Day Low245.74
52 Week High398.35
52 Week Low245.74
CS1 EndN/A
CR1 Start270.92
Volume & EV
DER(3)1.99%
DER(5)1.46%
Volume10.18M
Volume Incr65.57%
Vol(5)5.75M
Vol(50)3.74M