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Archive - 5/23/2025 - Sign In to see current Signals. |
Accenture plc (ACN) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Accenture plc (ACN). During the week, the ACN dropped -8.11 points, or -2.55%, and closed at 309.58 on Friday, May 23, 2025. ACN was trading at average weekly trading volume. ACN is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See ACN long-term trend chart] A long-term uptrend had started on March 15, 2023 at 242.80 and reached 398.40 on February 5, 2025. ACN gained -155.60 points, or -64.09%, in 99 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (307.52) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
Medium-term trend: [See ACN medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 275.00 and reached 325.71 on May 13, 2025. ACN gained -50.71 points, or -18.44%, in 5 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (318.61) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See ACN weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 28, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See ACN short-term trend chart] A short-term downtrend had started on May 13, 2025 at 325.71 and reached 307.87 on May 23, 2025. ACN lost 17.84 points, or 5.48%, in 10 days. The price is now at the 9.59% retracement level.
Daily Technical Indicators: [See ACN daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since April 11, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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