|
|
Downtrend Broken Resist.Archive - 10/16/2026 - Sign In to see current Signals. |
Accenture plc (ACN) Technical Analysis
|
 |
| Summary:
| | Weekly :     | | Daily :  Move cursor over the icon to see details.
| | It was a third positive week after 4 consecutive negative weeks for the Accenture plc (ACN). During the week, the ACN gained 20.62 points, or 9.86%, and closed at 229.68 on Friday, October 16, 2026. Weekly volume was 13% above average. ACN is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See ACN long-term trend chart] A long-term downtrend had started on February 5, 2025 at 398.40 and reached 118.15 on June 22, 2026. ACN lost 280.25 points, or 70.34%, in 71 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (68.57) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. ACN may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See ACN medium-term trend chart] A medium-term uptrend had started on June 22, 2026 at 118.15 and reached 231.36 on October 16, 2026. ACN gained -113.21 points, or -95.82%, in 16 weeks. Price is near the trend high.
Weekly Technical Indicators: [See ACN weekly technical indicators chart] Weekly Relative Strength Index is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since July 24, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See ACN short-term trend chart] A short-term uptrend had started on September 29, 2026 at 172.11 and reached 231.36 on October 16, 2026. ACN gained -59.25 points, or -34.43%, in 17 days. Price is near the trend high.
Daily Technical Indicators: [See ACN daily technical indicators chart] Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. The daily MACD line is above its signal line since September 30, 2026. This is an indication that the short-term trend is up.
| |
|
|