ACN Breaks Out at $271.09 as Moving Averages Align

Accenture PLC (ACN) closed up 0.42% at $271.09 on December 27.

Technical indicators paint a mixed picture:

• Moving Averages: Price trades above the 9-day EMA ($270.61) with a bullish stack. The 21-day EMA at $266.58 provides support.
• Momentum: RSI at 64.6 is in neutral territory but trending lower. MACD is bearish (5.14 vs signal 5.87).
• Volatility: Bollinger Band width at 8.7% indicates low volatility.

While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.

Key levels to watch: Support at $256.90, Resistance at $280.36.