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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 - 1H - Technical analysis published on 01/24/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 364.82 USD
My targets
384.21 USD (+3.92%)
405.18 USD (+9.59%)
My analysis
ACCENTURE PLC CLASS A is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 364.82 USD. The next resistance located at 384.21 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 405.18 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
7.5

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.

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

Additional analysis

Quotes

The ACCENTURE PLC CLASS A rating is 369.72 USD. The price registered a decrease of -0.04% on the session and was between 367.83 USD and 372.24 USD. This implies that the price is at +0.51% from its lowest and at -0.68% from its highest.

367.83
372.24
369.72

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ACCENTURE PLC CLASS A in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 345.58 353.15 364.82 369.72 405.18
Change (%) -6.53% -4.48% -1.33% - +9.59%
Change -24.14 -16.57 -4.90 - +35.46
Level Intermediate Intermediate Minor - Major



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
Standard362.64364.14367.00368.50371.36372.86375.72
Camarilla368.66369.06369.46369.86370.26370.66371.06
Woodie363.32364.48367.68368.84372.04373.20376.40
Fibonacci364.14365.81366.83368.50370.17371.19372.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard339.21344.51354.21359.51369.21374.51384.21
Camarilla359.78361.15362.53363.90365.28366.65368.03
Woodie341.40345.61356.40360.61371.40375.61386.40
Fibonacci344.51350.24353.78359.51365.24368.78374.51


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard312.31321.55335.59344.83358.87368.11382.15
Camarilla343.22345.35347.49349.62351.75353.89356.02
Woodie314.70322.75337.98346.03361.26369.31384.54
Fibonacci321.55330.45335.94344.83353.73359.22368.11

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): 74.48
MACD (12,26,9): 2.8700
Directional Movement: 25.69
AROON (14): 50.00
DEMA (21): 371.20
Parabolic SAR (0,02-0,02-0,2): 367.83
Elder Ray (13): 1.43
Super Trend (3,10): 365.06
Zig ZAG (10): 370.22
VORTEX (21): 1.2500
Stochastique (14,3,5): 67.25
TEMA (21): 370.93
Williams %R (14): -29.09
Chande Momentum Oscillator (20): 2.71
Repulse (5,40,3): 0.1500
ROCnROLL: 1
TRIX (15,9): 0.1300
Courbe Coppock: 1.97
MA7: 362.56
MA20: 351.10
MA50: 340.82
MA100: 324.98
MAexp7: 369.55
MAexp20: 367.15
MAexp50: 361.17
MAexp100: 355.10
Price / MA7: +1.97%
Price / MA20: +5.30%
Price / MA50: +8.48%
Price / MA100: +13.77%
Price / MAexp7: +0.05%
Price / MAexp20: +0.70%
Price / MAexp50: +2.37%
Price / MAexp100: +4.12%

Quotes : - 15 min delayed data - NYSE Stocks

News


Don't forget to follow the news on ACCENTURE PLC CLASS A. At the time of publication of this analysis, the latest news was as follows:

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

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