Accenture Crosses Below its 10-day MA (ACN)
Accenture (NYSE:ACN) crossed under its 10-day moving average of $114.94 on a volume of 771K 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.
In the past 52 weeks, shares of Accenture have traded between a low of $88.43 and a high of $120.78 and are now at $112.77, which is 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.3%.
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