How the (ACN) price action is used to our Advantage
July 09, 2024, 12:32 pm ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ACN
- Buy ACN slightly over 292.05 target 325.72 stop loss @ 291.21 Details
The technical summary data tells us to buy ACN near 292.05 with an upside target of 325.72. This data also tells us to set a stop loss @ 291.21 to protect against excessive loss in case the stock begins to move against the trade. 292.05 is the first level of support below 296.1 , and by rule, any test of support is a buy signal. In this case, support 292.05 would be being tested, so a buy signal would exist.
- Short ACN slightly under 325.72, target 292.05, stop loss @ 326.66 Details
The technical summary data is suggesting a short of ACN as it gets near 325.72 with a downside target of 292.05. We should have a stop loss in place at 326.66though. 325.72 is the first level of resistance above 296.1, and by rule, any test of resistance is a short signal. In this case, if resistance 325.72 is being tested, so a short signal would exist.
Swing Trading Plans for ACN
- Buy ACN slightly over 305.11, target 325.72, Stop Loss @ 304.23 Details
If 305.11 begins to break higher, the technical summary data tells us to buy ACN just slightly over 305.11, with an upside target of 325.72. The data also tells us to set a stop loss @ 304.23 in case the stock turns against the trade. 305.11 is the first level of resistance above 296.1, and by rule, any break above resistance is a buy signal. In this case, 305.11, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ACN slightly near 305.11, target 295.88, Stop Loss @ 305.99. Details
The technical summary data is suggesting a short of ACN if it tests 305.11 with a downside target of 295.88. We should have a stop loss in place at 305.99 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 305.11, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for ACN
- Buy ACN slightly over 296.63, target 300.96, Stop Loss @ 295.94 Details
If 296.63 begins to break higher, the technical summary data tells us to buy ACN just slightly over 296.63, with an upside target of 300.96. The data also tells us to set a stop loss @ 295.94 in case the stock turns against the trade. 296.63 is the first level of resistance above 296.1, and by rule, any break above resistance is a buy signal. In this case, 296.63, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ACN slightly near 296.63, target 295.88, Stop Loss @ 297.32. Details
The technical summary data is suggesting a short of ACN if it tests 296.63 with a downside target of 295.88. We should have a stop loss in place at 297.32 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 296.63, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Accenture Plc Class A (ireland) (ACN) available here: ACN.
ACN Ratings for July 09:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Neutral |
| P1 |
0 |
0 |
292.05 |
| P2 |
296.63 |
295.88 |
325.72 |
| P3 |
300.96 |
305.11 |
359.75 |
AI Generated Signals for ACN
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Accenture Plc Class A (ireland) (NYSE: ACN) data table below can help you with price action, and we have more details too. Trading plans for ACN are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ACN:
pool ads
