Large Public Consulting Firms - 12 Month Relative PerformanceHere is a quick look at how well the stock of select large public consulting companies has done in the last 12 months compared to each other. In short, all firms have seen significant appreciation in stock price since last June. Larger firms like IBM and Accenture have posted respectable returns; however, they were dwarfed by the massive gains of Indian Pure Plays like Infosys and Wipro, high-growth firms like EPAM, and other smaller providers like CapGemini. You have done well if you hold shares in these companies or get paid in stock of these companies as an employee. Future growth prospects remain strong in professional services. However, several headwinds exist, like the massive labor shortages in the consulting market and the impact of economic factors like inflation. Nevertheless, the continued move to the cloud, accelerated digital transformation, cybersecurity threats, upcoming 5G/edge computing opportunities will only accelerate the consulting business globally.Longby inomad3602
ACN - Weekly Elliot Wave AnalysisAs on 15-06-2021 Wave 0 = 137.15 Wave 1 = 247.82 Wave 2 = 210.42 Wave 3 possibility = (1.618 * ( Wave 1 - Wave 0 ) + Wave 2) = 389.5 levels Wave 4 Max retracement of 0.5 = 300.5 Similarly Wave 5 possibility = (0.618 * ( Wave 3 - Wave 2 ) + Wave 4 ) =411.5 Levels Longby RiderTrader332
ACN | Primed for a healthy pull-backHey all! So ACN looks primed for a healthy pull-back after legging up since the beginning of March. We can see a pretty indecisive range around the 290$ mark, which signalled a temporary top for this stock. Furthermore, we can see this long-term rising wedge being tested, and a break-down could trigger a consolidation phase. My best bet would be a very light 4-5% pullback to the 268$ range. If this level doesn't hold, we could see a retracement down to the 200-day SMA around 250$, providing a nice 11% discount to current prices. I will be adding at these two pivot points on the way down! Any thoughts? (*This is not financial advice, for sake of discussion and illustrative purposes only*)by InvestEmi0
Wonderful uptrend appears to offer a potential entry @ 250NYSE:ACN The uptrend is strong and visible at each retracement and market dip where buyers are visibly present. Bullish. Price broke though the already up trending line which then acted as a support for price. Bullish. Price above Ichimoku cloud and is about to retest. Mixed. RSI below 50 and appears to descend further. Bearish. Targets for entry 250 and 215. by Voyager_fran2
ACN | Text book price actionACN has been giving us text book price action recently. Over the past couple months we have seen price consolidate in an ascending triangle / pennant formation. Breakout on the 11th March gave the stock momentum to trade to new ATHs through March. It has since been forming a perfect bull flag. If the stock can catch momentum again, I see upside to the 285$ range in the coming weeks. Any thoughts? Good luck to all! (*This is not financial advice, for sake of discussion and illustrative purposes only*)Longby InvestEmiUpdated 1
ACN | Ascending triangle, EarningsHi all, ACN has done well out of it's ER from last week - growth numbers were solid and constant, and in general management has never really disappointed in its Strategy and Execution. On the 1D chart, we can see an ascending triangle forming since the end of October 2020. This pattern usually skews to the Bullish side. However, the double top @270$ gives us a level which we need to watch closely before confirming this bullish move. ~295$ price target by this summer if the stock reacts well and pops from this triangle to the upside. Any thoughts? Please like and comment! (*This is not financial advice, for sake of discussion and illustrative purposes only*)by InvestEmiUpdated 0
$ACN with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $ACN after a positive overreaction following its earnings release placing the stock in drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.Longby EPSMomentum1
🍀 Happy Saint Patrick's Day Accenture, earnings tomorrow 3/18(ACN) Accenture is a fortune global 500 company headquartered in Dublin, Ireland. Hopefully the luck of the Irish from Saint Patrick's Day rubs off on their earnings report tomorrow 3/18 at 6:45am EST. Accenture (ACN) reported 1st Quarter November 2020 earnings of $2.17 per share on revenue of $11.8 billion. The consensus earnings estimate was $2.04 per share on revenue of $11.4 billion. Revenue grew 3.5% on a year-over-year basis. 2nd Quarter February 2021 Consensus: EPS = $1.90 Revenue = $11.82 B breakout = $277.17 R3 = $272.99 R2 = $268.82 R1 = $264.26 pivot = $261.35 S1 = $257.05 S2 = $253.26 S3 = $249.84 breakdown = $246.80 Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. This is for educational and entertainment purposes only. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, risk management Beware of analysts motives Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification www.tradingview.com Longby Options360Updated 5
Buy Zone ACCENTUREHi traders, Few days ago I said that ACN will go up. Ok, go up and go down... I am new in trends analysis. I am now predicting a buying zone between 240 - 245 before earnings. Eanings will increase 5%. Just follow me , like and comment my ideias. Thanksby tnunes0
Long term entryACN is a good company to invest in, and it is dropping with the recent correction in Jan 2020. Good entry point would be around 225-235 near the long-term trend-line in the chart. by UnknownUnicorn72458190
the b[AI]te's weekly insights -- ACN 2021-01-18center stage image stock our system found that ACN received the best image over the course of last week. comment image we see a moderate negative correlation with our image indicator. We therefore assume that prices are driven partial emotionally and that there is probably some other catalyst with regard to the company resulting in an uncertain pricing. comment event on 2021-01-15 we categorized the last incoming headlines as an STRATEGIC event. We found the following topics as part of the aforementioned event: wolox - acquires boosting - acquires cloud - capabilities transformation - capabilities south - america america - argentina FAQ ATTENTION our algorithms define ATTENTION as the overall number of stories and opinions that appear for a given security each day IMAGE our algorithms define IMAGE as the averaged sentiment value extracted from all opinions received for a given security per day.by thebAIte0
$ACN with a neutral outlook after earnings release The PEAD projected neutral outlook for $ACN after a positive under reaction following earning release placing the stock in Drift A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us. by EPSMomentum0
Cup and Handle Earnings 12-17 BMOEarnings tomorrow before market open..Cab be risky to buy before earnings. ACN is in a narrowing rising wedge pattern but has not broken bottom trendline, so pattern is not valid..yet Rising wedges can be bearish if that line is broken and represents disruption in supply and demand.. A lack of healthy pullbacks cause 2 lines that slope up abd converge at the apex. Support at handle low and mid cup which is 229.10/Cup low is 210.42.. NV and OBV are high/short interest is low.. Cup and handle pattern targets are calculated using cup depth and fibonacci levels..American entrepreneur William J. O'Neil defined the cup and handle (C&H) pattern in his 1988 classic, "How to Make Money in Stocks. O’Neil pointed to four stages in a cup and handle breakout: The security posts a significant high in an uptrend that accelerated between one and three months prior. The next pullback carves out a rounding bottom no deeper than the 50% retracement of the prior trend. This marks the "cup." The next breakout attempt fails at the prior high, yielding a secondary pullback that holds near resistance, grinding out a smaller rounding bottom, which becomes the "handle." The security returns to resistance for the second time and breaks out, yielding a measured move target equal to the depth of the cup. Not a recommendation t Longby lauralea221
Short ACN (Accenture). Violation of Parabolic Advance I'm expecting a 70% decline from highs at leastShortby lsutoomahaUpdated 110
all clear after $254see visible range with little volume dying down. a retrace off the 78.6% fib back to 100%. after pushing past 100%, it's ~party time~Longby trayderswift0
ACN 1D take profit position analysisBought at W pattern at $212. Take profit at $257 --- $261.by feather_dai110
stock market 1.4green: indicator white: price orange: where the stock is suppose to go by miguelocque0