|
|
Uptrend SupportArchive - 2/28/2025 - Sign In to see current Signals. |
Accenture plc (ACN) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Accenture plc (ACN). During the week, the ACN dropped -19.20 points, or -5.27%, and closed at 345.10 on Friday, February 28, 2025. ACN was trading at average weekly trading volume. ACN is a member of Information Technology Sector. Information Technology is the second 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 price is now at the 34.25% retracement level.
Medium-term trend: [See ACN medium-term trend chart] A medium-term uptrend had started on November 4, 2024 at 341.60 and reached 398.40 on February 5, 2025. ACN gained -56.80 points, or -16.63%, in 13 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (346.35) 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 medium-term trend.
Weekly Technical Indicators: [See ACN weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since January 31, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 February 5, 2025 at 398.40 and reached 342.40 on February 28, 2025. ACN lost 56.00 points, or 14.06%, in 23 days. Price is near the trend low.
Daily Technical Indicators: [See ACN daily technical indicators chart] Daily Relative Strength Index is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Lane's Stochastic. 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 Relative Strength Index help. The daily MACD line is below its signal line since February 14, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.
| |
|
|
|
|
Daily Oscillators |
|
Weekly Oscillators |
|
Trading
Signals |
|
|
Sector and
Industry |
Description |
Name |
Rank |
Sector |
Information Technology |
2 |
Industry |
IT Consulting & Other Services |
59 |
|
Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
392.00 |
High Date |
02/19/2025 |
Low |
342.40 |
Low Date |
02/28/2025 |
|
Weekly Trend |
|
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
|
Resistance |
|
Support |
|
High |
398.40 |
High Date |
02/05/2025 |
Low |
342.40 |
Low Date |
02/28/2025 |
|
Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Test Support |
Resistance |
409.87 |
Support |
346.35 |
Low |
341.60 |
Low Date |
11/04/2024 |
High |
398.40 |
High Date |
02/05/2025 |
|
Quarterly Trend |
|
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
|
Resistance |
|
Support |
|
Low |
278.69 |
Low Date |
05/31/2024 |
High |
398.40 |
High Date |
02/05/2025 |
|
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
|
Resistance |
|
Support |
|
Low |
242.80 |
Low Date |
03/15/2023 |
High |
398.40 |
High Date |
02/05/2025 |
|
|