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Accenture Bullish Moving Average Crossover Alert (ACN)

By Nick Russo

Today, shares of Accenture (NYSE:ACN) have crossed bullishly above their 10-day moving average of $113.45 on a volume of 534K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Accenture share prices have been bracketed by a low of $88.43 and a high of $120.78 and are now at $113.59, 28% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.0%.

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

Ticker(s): ACN