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 ACCO
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Acco Brands Corporation stock price ended at $5.62 on Wednesday, after gaining 1.44%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Gain 1.44% PDF

The Acco Brands Corporation stock price gained 1.44% on the last trading day (Wednesday, 27th Mar 2024), rising from $5.54 to $5.62. During the last trading day the stock fluctuated 1.62% from a day low at $5.55 to a day high of $5.64. The price has risen in 5 of the last 10 days and is up by 3.88% over the past 2 weeks. Volume fell on the last day by -21 thousand shares and in total, 445 thousand shares were bought and sold for approximately $2.50 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 falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -13.30% during the next 3 months and, with a 90% probability hold a price between $4.43 and $5.34 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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ACCO Signals & Forecast

There are mixed signals in the stock today. The Acco Brands Corporation 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 $5.78. On a fall, the stock will find some support from the short-term average at $5.57. 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. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -1.40%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Acco Brands Corporation stock

Acco Brands Corporation finds support from accumulated volume at $5.58 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.0900 (1.62%) between high and low. For the last week, the stock has had daily average volatility of 2.10%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ACCO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Acco Brands Corporation to open at $5.60, and during the day (based on 14 day Average True Range), to move between $5.45 and $5.79, which gives a possible trading interval of +/-$0.172 (+/-3.07%) up or down from last closing price. If Acco Brands Corporation takes out the full calculated possible swing range there will be an estimated 6.13% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $5.58 (0.71%) than the resistance at $6.08 (8.19%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Acco Brands Corporation stock A Buy?

Acco Brands Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.945 Sell Candidate Unchanged

Predicted Opening Price for Acco Brands Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$5.60 ( 0.297%) $5.62

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

Trading levels for ACCO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.69 1.30 %
R2 5.66 0.693 %
R1 5.64 0.315 %
Current price: 5.62
Support S1 5.57 -0.91 %
S2 5.55 -1.29 %
S3 5.51 -1.90 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.30 12.10 %
R2 6.27 11.57 %
R1 6.08 8.19 %
Current price 5.62
Support S1 5.58 -0.712%
S2 5.39 -4.09%
S3 5.25 -6.58%

ACCO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 16, 2024 Mar 14, 2024 Mar 27, 2024 $0.0750 1.33%
2 Nov 14, 2023 Nov 14, 2023 Dec 06, 2023 $0.0750 1.40%
3 Aug 01, 2023 Aug 21, 2023 Sep 12, 2023 $0.0750 1.40%
4 Apr 28, 2023 May 18, 2023 Jun 09, 2023 $0.0750 1.48%
5 Feb 17, 2023 Mar 09, 2023 Jun 09, 2023 $0.0750 1.48%

FAQ

What is the symbol for Acco Brands Corporation Stock and on which exchange is it traded?
The symbol for Acco Brands Corporation is ACCO and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Acco Brands Corporation Stock?
Acco Brands Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

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

What's the current price of Acco Brands Corporation Stock?
As of the end of day on the 2024-03-27, the price of an Acco Brands Corporation (ACCO) share was $5.62.

What is the 52-week high and low for Acco Brands Corporation Stock?
The 52-week high for Acco Brands Corporation Stock is $6.62 and the 52-week low is $4.30.

What is the market capitalization of Acco Brands Corporation Stock?
As of the 2024-03-27, the market capitalization of Acco Brands Corporation is 533.497M.

When is the next earnings date for Acco Brands Corporation?
The upcoming earnings date for Acco Brands Corporation is May 02, 2024.
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About Acco Brands Corporation

Acco Brands ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides computer and gaming accessories, calendars, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes... ACCO Profile

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