Based on the 15-minute chart for Accenture, the Bollinger Bands have narrowed, and a KDJ Death Cross occurred on August 26, 2025, at 10:15. This indicates a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price.
Accenture (ACN) has seen significant volatility in its stock price, with recent technical indicators suggesting a potential shift towards the downside. The company's 15-minute chart exhibits Bollinger Bands Narrowing, indicating a decrease in the magnitude of price fluctuations. Additionally, a KDJ Death Cross occurred on August 26, 2025, at 10:15, signaling a shift in momentum towards the downside, which could lead to further decreases in the stock price.
These technical indicators suggest a period of consolidation before a potential breakout, but the KDJ Death Cross is a bearish signal that indicates a shift in momentum from bullish to bearish. This shift can lead to a decrease in stock prices [2].
Accenture's stock closed at $255.88 on August 26, 2025, marking a +2.71% move from the previous day. Over the past month, Accenture's shares have depreciated by 11.8%, underperforming the Computer and Technology sector's gain of 3.91% and the S&P 500's gain of 2.49% [1].
Despite the stock's recent performance, Accenture's earnings per share (EPS) are projected to increase to $2.98, reflecting a 6.81% rise from the same quarter last year. Revenue is expected to reach $17.33 billion, up 5.6% from the prior-year quarter [1]. The Zacks Consensus Estimates project full-year earnings of $12.88 per share and a revenue of $69.41 billion, demonstrating changes of +7.78% and +6.95%, respectively, from the preceding year. Accenture currently boasts a Zacks Rank of #3 (Hold), indicating a neutral stance [1].
The company's forward P/E ratio of 19.35 is higher than the industry average of 16.87, suggesting a premium valuation. Additionally, the PEG ratio of 2.27 is higher than the industry average of 2.09, indicating that the market expects slower growth compared to the industry [1].
Investors should consider these technical indicators in conjunction with fundamental analysis for a comprehensive view of Accenture's performance. The company's earnings report, scheduled to be released soon, will provide more clarity on its future prospects.
References:
[1] https://finance.yahoo.com/news/accenture-acn-ascends-while-market-215001425.html
[2] https://www.ainvest.com/news/scansource-chart-shows-rsi-oversold-kdj-golden-cross-bullish-marubozu-signals-2508/
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