ACCENTURE PLC CLASS A - Daily - Technical analysis published on 12/26/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 285.97 USD
My targets
256.88 USD (-3.46%)
250.07 USD (-6.02%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ACCENTURE PLC CLASS A as long as the price remains well below 285.97 USD. The sellers' bearish objective is set at 256.88 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 250.07 USD. In case of crossing, the next objective would be the support located at 238.15 USD.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.8
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This analysis was given by AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ACCENTURE PLC CLASS A rating 266.09 USD. On the day, this instrument gained +0.50% and was between 263.31 USD and 266.71 USD. This implies that the price is at +1.06% from its lowest and at -0.23% from its highest.263.31
266.71
266.09
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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this ACCENTURE PLC CLASS A chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 238.15 | 250.07 | 256.88 | 266.09 | 268.77 | 294.88 | 319.36 |
| Change (%) | -10.50% | -6.02% | -3.46% | - | +1.01% | +10.82% | +20.02% |
| Change | -27.94 | -16.02 | -9.21 | - | +2.68 | +28.79 | +53.27 |
| Level | Intermediate | Major | Intermediate | - | Major | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 260.63 | 261.97 | 264.03 | 265.37 | 267.43 | 268.77 | 270.83 |
| Camarilla | 265.16 | 265.47 | 265.78 | 266.09 | 266.40 | 266.71 | 267.03 |
| Woodie | 260.99 | 262.15 | 264.39 | 265.55 | 267.79 | 268.95 | 271.19 |
| Fibonacci | 261.97 | 263.27 | 264.07 | 265.37 | 266.67 | 267.47 | 268.77 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 238.96 | 246.23 | 256.16 | 263.43 | 273.36 | 280.63 | 290.56 |
| Camarilla | 261.36 | 262.94 | 264.51 | 266.09 | 267.67 | 269.24 | 270.82 |
| Woodie | 240.29 | 246.90 | 257.49 | 264.10 | 274.69 | 281.30 | 291.89 |
| Fibonacci | 246.23 | 252.80 | 256.86 | 263.43 | 270.00 | 274.06 | 280.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 226.03 | 241.02 | 270.98 | 285.97 | 315.93 | 330.92 | 360.88 |
| Camarilla | 288.57 | 292.69 | 296.81 | 300.93 | 305.05 | 309.17 | 313.29 |
| Woodie | 233.51 | 244.76 | 278.46 | 289.71 | 323.41 | 334.66 | 368.36 |
| Fibonacci | 241.02 | 258.19 | 268.80 | 285.97 | 303.14 | 313.75 | 330.92 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.90 | |
| MACD (12,26,9): | -5.4000 | |
| Directional Movement: | -13.02 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 272.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 288.91 | |
| Elder Ray (13): | -9.43 | |
| Super Trend (3,10): | 285.90 | |
| Zig ZAG (10): | 266.09 | |
| VORTEX (21): | 0.7600 | |
| Stochastique (14,3,5): | 25.96 | |
| TEMA (21): | 265.65 | |
| Williams %R (14): | -75.03 | |
| Chande Momentum Oscillator (20): | -20.60 | |
| Repulse (5,40,3): | 1.3800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 17.49 |
| MA7: | 266.10 | |
| MA20: | 283.48 | |
| MA50: | 280.03 | |
| MA100: | 282.42 | |
| MAexp7: | 268.99 | |
| MAexp20: | 277.83 | |
| MAexp50: | 280.14 | |
| MAexp100: | 283.07 | |
| Price / MA7: | +0.00% | |
| Price / MA20: | -6.13% | |
| Price / MA50: | -4.98% | |
| Price / MA100: | -5.78% | |
| Price / MAexp7: | -1.08% | |
| Price / MAexp20: | -4.23% | |
| Price / MAexp50: | -5.02% | |
| Price / MAexp100: | -6.00% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on ACCENTURE PLC CLASS A at the time of the generation of this analysis was as follows:
- Six in Seven Consumers Desire Simplicity in Entertainment Experiences, Accenture Report Finds
- Accenture Delivers 360° Value Everywhere
- Accenture Reports Strong First-Quarter Fiscal 2023 Results
- Greater Access to Emerging Technologies to Foster Next Era in Creativity, Community and Data Privacy, Forecasts Accenture Life Trends 2023 Report
- Accenture Federal Services Awarded a Position on National Cancer Institute’s IT Services Blanket Purchase Agreement
This member declared not having a position on this financial instrument or a related financial instrument.
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