- Accenture Plc’s (ACN) stock price is trading above the 50-day and 100-day EMA levels.
- ACN stock price is $323.5.
- Accenture (NYSE: ACN) live market cap is $214.73 Billion.
The share price of Accenture Plc (NYSE: ACN) is trading in an upward direction. In the weekly time frame, the price of the ACN stock is increasing. The price forming higher highs.
Financial Data of Accenture Plc (ACN) stock
The revenue of Accenture Plc’s (ACN) stock is $61.59 Billion and has a market cap of $214.73 Billion. The stock’s beta value is 1.08. Accenture Plc (ACN) stock has a 52-week high of $327.9 and a 52-week low of $242.80.
The revenue of Accenture Plc for Q2 2023 is $16.56 Billion. The YoY change of the stock is 2.5%.
The price of the ACN is moving in between the symmetrical channel. The range of the channel is between $348 to $247. The ACN stock’s overall pattern is bullish and the price may break its resistance and form a new all-time high.
In the last 6 months, the price of ACN rose by 20.6%. This indicates that the ACN stock is performing well.
The Accenture Plc pays a timely dividend to its shareholders. The payout ratio of the ACN stock is 38.58% and the dividend yield is 1.39%
Accenture Plc (ACN) Stock Price Analysis
EMA
Accenture Plc’s (NYSE: ACN) stock price trades above the 50-day and 100-day EMA levels. This shows that the ACN stock is in an uptrend and a further price rise is possible in the future.
MACD
The MACD line for the Accenture Plc stock is trading above the signal line. Also, there is a green histogram formation in the ACN stock. This suggests that the ACN stock is currently bullish and the prices may rise in the next few days.
RSI
The RSI line for the ACN stock is currently trading above the 14 SMA line. Also, both the lines are trading near the 70 level. The strong RSI line for ACN stock indicates that the price will rise in the future.
Conclusion
In conclusion, the price of Accenture Plc stock is in an uptrend momentum, and the price of the stock is forming a higher high pattern. The indicators are giving a positive signal on this ACN stock. The overall earnings are also rising for the ACN stock. This indicates that the price is likely to rise in the upcoming days.
Technical Levels
- Support Level: $247
- Resistance Level: $348
Disclaimer
The views and opinions of the author, or anyone named in this article, are for informational purposes only. They do not offer financial, investment, or other advice. Investing or trading crypto assets involves the risk of financial loss.