• Return to Headlines

Accenture Plc-A Bullish Moving Average Crossover Alert (ACN)

By Shiri Gupta

Today, shares of Accenture Plc-A (NYSE:ACN) have advanced above their 10-day MA of $165.97 on a volume of 212K 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, shares of Accenture Plc-A have traded between a low of $132.63 and a high of $175.64 and are now at $166.87, which is 26% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.

SmarTrend recommended that subscribers consider buying shares of Accenture Plc-A on January 18th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $150.26. Since that recommendation, shares of Accenture Plc-A have risen 9.9%. We continue to monitor ACN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses accenture plc-a

Ticker(s): ACN