RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ACN
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Accenture plc stock upgraded from Sell Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The Accenture plc stock price gained 1.66% on the last trading day (Thursday, 28th Mar 2024), rising from $340.94 to $346.61. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.80% from a day low at $340.84 to a day high of $346.98. The price has been going up and down for this period, and there has been a -8.36% loss for the last 2 weeks. Volume fell on the last day by -637 thousand shares and in total, 3 million shares were bought and sold for approximately $910.36 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 4.18% during the next 3 months and, with a 90% probability hold a price between $348.58 and $407.10 at the end of this 3-month period.

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ACN Signals & Forecast

There are mixed signals in the stock today. The Accenture plc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $368.78. On a fall, the stock will find some support from the short-term average at $345.82. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 3.83%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Accenture plc stock

Accenture plc finds support from accumulated volume at $345.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $6.14 between high and low, or 1.80%. For the last week, the stock has had daily average volatility of 2.08%.

Our recommended stop-loss: $330.81 (-4.56%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (ACN) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Accenture plc to open at $344.81, and during the day (based on 14 day Average True Range), to move between $338.00 and $355.22, which gives a possible trading interval of +/-$8.61 (+/-2.49%) up or down from last closing price. If Accenture plc takes out the full calculated possible swing range there will be an estimated 4.97% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $345.03 (0.46%) than the resistance at $363.90 (4.99%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Accenture plc stock A Buy?

Accenture plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.481 Hold/Accumulate Upgraded

Predicted Opening Price for Accenture plc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$344.81 ( 0.519%) $346.61

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ACN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 350.95 1.25 %
R2 348.60 0.575 %
R1 347.16 0.157 %
Current price: 346.61
Support S1 342.46 -1.20 %
S2 341.02 -1.61 %
S3 338.67 -2.29 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 380.44 9.76 %
R2 364.70 5.22 %
R1 363.90 4.99 %
Current price 346.61
Support S1 345.03 -0.456%
S2 337.50 -2.63%
S3 333.82 -3.69%

ACN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Apr 10, 2024 May 15, 2024 $1.29 0.373%
2 Nov 15, 2023 Jan 17, 2024 Feb 15, 2024 $1.29 0.347%
3 Sep 28, 2023 Oct 11, 2023 Nov 15, 2023 $1.29 0.396%
4 May 15, 2023 Jul 12, 2023 Aug 15, 2023 $1.12 0.364%
5 Mar 23, 2023 Apr 12, 2023 May 15, 2023 $1.12 0.404%

FAQ

What is the symbol for Accenture plc Stock and on which exchange is it traded?
The symbol for Accenture plc is ACN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Accenture plc Stock?
Accenture plc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Accenture plc Stock?
Accenture plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Accenture plc Stock.

What's the current price of Accenture plc Stock?
As of the end of day on the 2024-03-28, the price of an Accenture plc (ACN) share was $346.61.

What is the 52-week high and low for Accenture plc Stock?
The 52-week high for Accenture plc Stock is $387.51 and the 52-week low is $261.70.

What is the market capitalization of Accenture plc Stock?
As of the 2024-03-28, the market capitalization of Accenture plc is 232.375B.

When is the next earnings date for Accenture plc?
The upcoming earnings date for Accenture plc is Jun 27, 2024.
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About Accenture plc

Accenture plc Accenture plc, a professional services company, provides strategy and consulting, interactive, and technology and operations services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management, intelligent automation comprises robotic process automation, natural language processing, and virtual agents, and liquid ... ACN Profile

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