|
|
Downtrend Broken Resist.Archive
- 4/25/2025 -
Sign In to see current Signals. |
Accenture plc (ACN) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week after 9 consecutive negative weeks for the Accenture plc (ACN). During the week, the ACN gained 11.05 points, or 3.91%, and closed at 293.40 on Friday, April 25, 2025. It was the best weekly gain since January 31, 2025. ACN was trading at average weekly trading volume.
ACN is a member of Information Technology Sector. Information Technology is the most oversold 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 uptrend support line (305.17) 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 long-term trend.
 Medium-term trend: [See ACN medium-term trend chart]
A medium-term downtrend had started on February 5, 2025 at 398.40 and reached 275.00 on April 7, 2025. ACN lost 123.40 points, or 30.97%, in 8 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (257.13) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See ACN weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since February 28, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See ACN short-term trend chart]
A short-term uptrend had started on April 21, 2025 at 275.98 and reached 296.94 on April 23, 2025. ACN gained -20.96 points, or -7.59%, in 2 days. The price is now at the 16.89% retracement level.
 Daily Technical Indicators: [See ACN daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 11, 2025. This is an indication that the short-term trend is up.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|