ACCENTURE PLC-CL A (ACN)

IE00B4BNMY34 - Common Stock

366.37  -5.79 (-1.56%)

After market: 366.37 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, ACN scores 6 out of 10 in our technical rating. Although ACN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ACN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ACN is performing more or less in line with the market.
ACN has an average volume of 2526830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ACN turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
ACN is an average performer in the IT Services industry, it outperforms 53% of 83 stocks in the same industry.
In the last month ACN has a been trading in the 346.62 - 376.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ACN Weekly chart
ACN Daily chart
Setup Rating and Analysis

6

ACN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 360.56, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

287.14

390.79

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 356.13 to 360.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 345.66 to 347.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @339.84 from a horizontal line in the daily time frame.
  • Support @333.82 from a horizontal line in the daily time frame.
  • Support @297.15 from a trend line in the weekly time frame.
  • Support @290.04 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • Resistance @370.22 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 380.44 to 386.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.4
Mansfield-0.19
10 Day High376.91
10 Day Low347.12
20 Day High376.91
20 Day Low346.62
52 Week High387.51
52 Week Low278.69
Performance
1 Week2.14%
2 Weeks1.01%
1 Month1.47%
3 Month8.97%
6 Month18.57%
12 Month3.36%
2 Year37.3%
3 Year-11.62%
5 Year73.99%
10 Year310.22%
15 Year782.82%
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)
Technical Indicators
MACD(12,26,9)0.46
RSI(14)54.97
LBB348.6
UBB371.26
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
370.23356.1214.11 (3.81%)25.00%
An entry @370.23. This is a Buy Stop order right above the resistance zone.An exit @356.12. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 14.11 points, which is 3.81%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.95%.

  • The distance between exit and entry is rather small compared to the average daily movement of ACN. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ACN Daily chart

ACCENTURE PLC-CL A

NYSE:ACN (12/20/2024, 8:04:00 PM)

After market: 366.37 0 (0%)

366.37

-5.79 (-1.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.56%
1 Week2.14%
2 Weeks1.01%
1 Month1.47%
3 Month8.97%
6 Month18.57%
12 Month3.36%
2 Year37.3%
3 Year-11.62%
5 Year73.99%
10 Year310.22%
15 Year782.82%
Volatility
ATR(14)9.91
ATR(20)%2.35%
ATR Inc149.45%
Range Today10.07
ADR(20)7.09
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.4
Mansfield-0.19
10 Day High376.91
10 Day Low347.12
20 Day High376.91
20 Day Low346.62
52 Week High387.51
52 Week Low278.69
CS1 End360.56
CR1 Start370.22
Volume & EV
DER(3)0.72%
DER(5)1.76%
Volume7.01M
Volume Incr94.31%
Vol(5)4.22M
Vol(50)2.53M