The Greedy Trader Weekly Analysis
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Downtrend Resistance
Downtrend Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Downtrend Resistance stock alert indicates that price is near long-term resistance trendline and probability of short-term trend reversal is high.

The strategy is based on selling long (or taking short) position on downtrend testing resistance. The strategy has low to medium risk and average reword.

Downtrend Resistance

Archive
- 3/13/2026 -
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Accenture plc (ACN) Technical Analysis

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Summary:
Weekly :Oversold sectorOversold industryLane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldRelative Strength Index and Lane's Stochastic bullish divergence
Daily :The price has fallen below the Parabolic SAR
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It was the negative week for the Accenture plc (ACN). During the week, the ACN dropped -18.35 points, or -8.53%, and closed at 196.65 on Friday, March 13, 2026. Weekly volume was 34% above average.

ACN is a member of Information Technology Sector. Information Technology is the second most oversold sector. ACN is a member of IT Consulting & Other Services Industry. IT Consulting & Other Services is the eighth most oversold industry. 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 downtrend had started on February 5, 2025 at 398.40 and reached 188.73 on February 25, 2026. ACN lost 209.67 points, or 52.63%, in 55 weeks. Price is near the trend low.

Medium-term trend: [See ACN medium-term trend chart]
A medium-term downtrend had started on January 14, 2026 at 291.09 and reached 188.73 on February 25, 2026. ACN lost 102.36 points, or 35.16%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 147.73 and resistance is at 208.44. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See ACN weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since February 13, 2026. This is an indication that the medium-term trend is down. 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 March 6, 2026 at 218.60 and reached 195.07 on March 13, 2026. ACN lost 23.53 points, or 10.76%, in 7 days. The price is now at the 6.71% 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 March 2, 2026. The distance between MACD and the signal line is low and getting smaller.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.12
Williams' Percentage Range (W%R) 78.70
Lane's Stochastic (%D-Slow) 25.51
Greed/Fear Indicator (GFI) 30.98
Moving Average Converg./Diverg. (MACD) -11.99
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 26.10
Bullish
Williams' Percentage Range (W%R) 91.60
Strong Oversold
Lane's Stochastic (%D-Slow) 12.06
Oversold Bullish
Greed/Fear Indicator (GFI) 18.95
Oversold
Moving Average Converg./Diverg. (MACD) -8.85
Trading Signals
Description Value Chart
50 Day Moving Average 242.28
Upper Bollinger Band 230.86
Parabolic System 214.89
Monthly Trendline Resistance 208.44
20 Day Moving Average 208.18
Weekly Stochastic Crossing 201.55
Daily Stochastic Crossing 198.51
Price 196.65
Lower Bollinger Band 194.52
Sector and Industry
Description Name Rank
Sector Information Technology 2
Industry IT Consulting & Other Services 8
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 218.60
High Date 03/06/2026
Low 195.07
Low Date 03/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 218.60
High Date 03/06/2026
Low 195.07
Low Date 03/13/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 208.44
Support 147.73
High 291.09
High Date 01/14/2026
Low 188.73
Low Date 02/25/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 398.40
High Date 02/05/2025
Low 188.73
Low Date 02/25/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 417.37
High Date 12/29/2021
Low 188.73
Low Date 02/25/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.