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Accenture Crosses Below its 10-day MA (ACN)

By Amy Schwartz

Today, shares of Accenture (NYSE:ACN) have crossed bearishly below their 10-day moving average of $117.36 on a volume of 362K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Accenture share prices have moved between a 52-week high of $124.96 and a 52-week low of $88.43 and are now trading 32% above that low price at $116.29 per share. 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