Accenture at week 17: decline reasserts, momentum recovering

Accenture is at week 17 of the sell signal. The week closed down 4.7%, with sellers at 91% of volume — bearish pressure reasserts after 2 weeks of recovery in which the stock had gained 4.4% and 6.2%. On the deeper technical level, however, the picture has shifted: momentum has climbed from its lows, CMF has stayed positive for 3 consecutive weeks, and the daily chart shows a sequence of higher lows building. A decline that holds directionally, but with internal technical signals worth watching.