Accenture Bearish Moving Average Crossover Alert (ACN)
Today, shares of Accenture (NYSE:ACN) have crossed bearishly below their 10-day moving average of $113.08 on a volume of 376K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.
Over the past year, Accenture has traded in a range of $88.43 to $120.78 and is now at $112.70, 27% above that low. The 200-day and 50-day moving averages have moved 0.25% higher and 1.04% higher over the past week, respectively.
SmarTrend is tracking the current trend status for Accenture and will alert subscribers who have ACN in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses accenture