Accenture: the 147 wall holds again
Accenture climbs 2.4% but the 147 area wall turns the bounce away again
Accenture: the 147 wall holds again
Our view last week
Accenture tries another bounce — 6.2% this week — but the price slams right back into the wall that turned it away seven days ago: the 7-day high, in the 147 area. Beneath the surface, the fatigue keeps piling up — the RSI at a one-month high, momentum improving for a fourth straight week — yet the weekly structure is still broken. The Sell signal has now been under management for 24 weeks, with the short more than 40% in the money.
This week's summary
Accenture stock climbs 2.4%, but the technical picture stays the same: price slams back into the 147 area, the same wall that turned it away last week, with a clean rejection. Beneath the surface something is shifting — the weekly RSI is climbing, momentum keeps improving for a fourth straight week — but the weekly structure is still broken. The sell signal has been under management for 24 weeks, with the short more than 38% in the money.
IQS Phase
60
ordinary
Signal Strength
2
decline fading out
Sizing
MINIMUM
Ranking
#125 / 141
US stocks
Trade P&L %
+38.91%
from signal to today
Rank position
ranks 125th among the 141 sell signals for US stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
ACN belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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