ACCENTURE PLC CLASS A
ACCENTURE PLC CLASS A
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ACN
ISIN: IE00B4BNMY34

ACCENTURE PLC CLASS A - Daily - Technical analysis published on 07/12/2024 (GMT)

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  • Timeframe : Daily
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  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
67%
11%
22%
My opinion
Bullish above 296.93 USD
My targets
318.70 USD (+3.11%)
332.43 USD (+7.55%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for ACCENTURE PLC CLASS A as long as the price remains well above 296.93 USD. The buyers' bullish objective is set at 318.70 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 332.43 USD. If there is any crossing, the next objective would be the resistance located at 357.93 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The ACCENTURE PLC CLASS A rating is 309.10 USD. The price has increased by +3.73% since the last closing and was between 299.03 USD and 309.17 USD. This implies that the price is at +3.37% from its lowest and at -0.02% from its highest.

299.03
309.17
309.10

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ACCENTURE PLC CLASS A chart shows a neutral trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 280.71 296.93 308.02 309.10 318.70 332.43 357.93
Change (%) -9.18% -3.94% -0.35% - +3.11% +7.55% +15.80%
Change -28.39 -12.17 -1.08 - +9.60 +23.33 +48.83
Level Major Major Major - Major Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard285.72289.85293.92298.05302.12306.25310.32
Camarilla295.74296.49297.24297.99298.74299.49300.25
Woodie285.69289.84293.89298.04302.09306.24310.29
Fibonacci289.85292.98294.92298.05301.18303.12306.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard285.11290.74294.28299.91303.45309.08312.62
Camarilla295.30296.14296.98297.82298.66299.50300.34
Woodie284.07290.22293.24299.39302.41308.56311.58
Fibonacci290.74294.24296.41299.91303.41305.58309.08


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard244.80261.95282.02299.17319.24336.39356.46
Camarilla291.85295.26298.67302.08305.49308.90312.32
Woodie246.25262.68283.47299.90320.69337.12357.91
Fibonacci261.95276.17284.96299.17313.39322.18336.39

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 60.64
MACD (12,26,9): 1.0500
Directional Movement: 6.50
AROON (14): -78.57
DEMA (21): 299.95
Parabolic SAR (0,02-0,02-0,2): 313.78
Elder Ray (13): 4.06
Super Trend (3,10): 285.55
Zig ZAG (10): 308.45
VORTEX (21): 0.9700
Stochastique (14,3,5): 48.89
TEMA (21): 303.17
Williams %R (14): -10.97
Chande Momentum Oscillator (20): 2.79
Repulse (5,40,3): 4.3800
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 3.04
MA7: 299.70
MA20: 298.39
MA50: 298.01
MA100: 321.46
MAexp7: 300.75
MAexp20: 299.00
MAexp50: 302.65
MAexp100: 312.65
Price / MA7: +3.14%
Price / MA20: +3.59%
Price / MA50: +3.72%
Price / MA100: -3.84%
Price / MAexp7: +2.78%
Price / MAexp20: +3.38%
Price / MAexp50: +2.13%
Price / MAexp100: -1.14%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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