ACN Accenture plc Options Ahead of EarningsIf you haven`t bought ACN before the previous earnings:
Now analyzing the options chain and the chart patterns of ACN Accenture plc prior to the earnings report this week,
I would consider purchasing the 340usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $11.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Accenture
Accenture Stock Surges as Generative AI Powers BookingsAccenture (NYSE: NYSE:ACN ), a global leader in business management consulting and technology services, has recently made headlines after its fourth-quarter earnings report exceeded revenue expectations, driven primarily by its leadership in generative AI. With strong financial performance and promising technical indicators, the stock presents a compelling opportunity for investors. Let’s dive into both the fundamental and technical aspects that make NYSE:ACN a stock to watch.
Generative AI and Strategic Acquisitions Drive Growth
Accenture’s fourth-quarter performance reflected strong growth, particularly in the realm of generative AI. New bookings jumped 21% to $20.1 billion, with $1 billion of that attributed to generative AI services. CEO Julie Sweet confidently described generative AI as "the most transformative technology of the next decade," positioning Accenture as a frontrunner in this space. These bookings for AI-related services are expected to grow even further, reaching $3 billion by the end of the fiscal year.
Revenue and EPS Beat
Accenture (NYSE: NYSE:ACN ) reported $16.41 billion in revenue for Q4, a 2.6% year-over-year increase that exceeded analyst forecasts. Adjusted earnings per share (EPS) came in at $2.79, just above the consensus estimate of $2.78. The company’s growth has been further fueled by a series of acquisitions. Notably, acquisitions have contributed 3% to fiscal 2025 revenue growth, with $5.2 billion in acquisitions completed this fiscal year alone.
Positive Fiscal 2025 Outlook
For fiscal 2025, Accenture (NYSE: NYSE:ACN ) predicts revenue growth in the range of 3% to 6%, projecting total revenue between $66.84 billion and $68.79 billion. This growth is further supported by a robust share repurchase program, with an additional $4 billion allocated, bringing the total buyback authorization to $6.7 billion. The firm also increased its quarterly dividend by 15%, reflecting confidence in its future performance.
Technical Outlook:
On the technical side, NYSE:ACN is displaying strong bullish momentum. Following the earnings beat, Accenture shares (NYSE: NYSE:ACN ) surged by 4.33%, pushing the stock above key resistance levels. The stock now trades around $354, up nearly 5% on the day, and has moved into positive territory for the year. The technical indicators are signaling further upside potential.
RSI and Moving Averages
At the time of writing, Accenture’s Relative Strength Index (RSI) sits at 64.49, which is close to the overbought level but still provides room for further growth. An RSI above 70 typically indicates overbought conditions, so the current level suggests a bullish trend without reaching an extreme. Additionally, the stock is trading above key moving averages, including the 50-day and 200-day moving averages, signaling ongoing strength in the upward trend.
Gap-Up Pattern
One particularly noteworthy signal is the gap-up pattern in Accenture’s daily price chart. This pattern, characterized by a sharp increase in price that leaves a "gap" on the chart, often suggests strong investor sentiment and the potential for continued bullish momentum. In this case, the gap-up was fueled by the company's strong earnings report and positive outlook, setting the stage for further upward movement.
Resistance and Support Levels
The stock is approaching a key resistance level around $360. A successful break above this point could see NYSE:ACN test even higher levels, potentially targeting the $380 range. On the downside, the nearest support level sits around $340, which has held strong in previous sessions. With the stock trading above both short- and long-term moving averages, the technical picture suggests that NYSE:ACN is poised for continued growth in the near term.
Conclusion
Accenture’s fourth-quarter earnings report highlights the company’s robust growth trajectory, driven by its strategic leadership in generative AI and ongoing acquisitions. On the technical front, the stock is showing strong bullish momentum, backed by favorable RSI levels, a gap-up pattern, and support from key moving averages. With a positive fiscal outlook, increased dividend, and an aggressive stock buyback program, Accenture is positioned as a compelling buy for investors looking to capitalize on both technological innovation and solid financial performance.
Accenture turning down for the worst to $283Head and Shoulders seems to be forming on Accenture.
This pattern started on 11 December 2023, the price headed to a high at $386.00 and right back down again.
Now it has reached some semblance of support but could be forming a right shoulder.
If we see a price break, then it is likely for the market to drop all the way down to $283.
Medium Probability
Price<20
Price>200
Target $283
POSSIBLE PROBLEMS:
Shift in Demand:
There may be a shift in demand within the services offered by Accenture, with clients possibly prioritizing different areas of investment due to changing market conditions
Operational Challenges:
Any operational challenges or inefficiencies within Accenture could also lead to increased costs or reduced profitability, affecting share price
Strategic Investments and Acquisitions:
While Accenture has been active in acquisitions aimed at expanding its capabilities and market reach, the initial costs and integration challenges of these ventures could impact short-term financial performance, affecting investor perspectives
Accenture Faces Headwinds as Fiscal-Year Revenue Guidance FallsAs the Dublin-based global tech services and consulting firm grapples with shifting tides, its recent fiscal second-quarter earnings report has left investors on edge. Despite beating estimates, Accenture's decision to revise its full fiscal year revenue outlook downwards has sent shockwaves through the market, prompting a sharp decline in Accenture ( NYSE:ACN ) stock.
Navigating Turbulent Waters:
Accenture's fiscal second-quarter earnings, though impressive on the surface, reveal underlying challenges. While adjusted earnings per share stood at $2.77, representing a modest 3% decrease, revenue, bolstered by acquisitions, rose by 5% to $15.8 billion. However, it's the company's revised full-year revenue growth forecast, now pegged at 1% to 3%, that has investors concerned, marking a significant deviation from the earlier projection of 2% to 5% growth.
Accenture's Struggle: Consulting Conundrum
One area of concern highlighted by analysts is the apparent weakness in Accenture's consulting segment. Despite the company's ongoing efforts to diversify its portfolio and expand into burgeoning sectors like digital marketing, cloud computing, and artificial intelligence (AI), challenges in the consulting realm persist. However, amidst the gloom, there's a glimmer of hope as demand for AI projects continues to surge, with fiscal Q2 bookings witnessing a remarkable 50% quarter-over-quarter increase, reaching $600 million.
Investor Sentiment and Strategic Moves:
The market's response to Accenture's ( NYSE:ACN ) earnings report was swift and decisive, with shares plummeting by 5.9% to near 357.99. But shortly after the stock surged to about $380 per share price. This sharp decline signals a departure from the stock's earlier trajectory, which had seen an 8% increase in 2024. Looking ahead, analysts remain cautious, with revenue projections for the third fiscal quarter falling short of expectations.
Despite the headwinds, Accenture ( NYSE:ACN ) remains proactive in its approach, bolstering investor confidence through strategic initiatives. In 2023, the company demonstrated its commitment to shareholders by hiking its quarterly dividend and expanding its stock buyback program. Moreover, Accenture's relentless pursuit of acquisitions underscores its determination to stay at the forefront of innovation, particularly in key growth areas like AI and digital marketing.
ACCENTURE Neutral within the 1D MA50 and MA200. Trade carefully.Accenture (ACN) has been rising within a Channel Up pattern since the March 15 bottom but recently entered a corrective wave to form the new Higher Low. This is in the form of a Channel Down pattern that heavily rejected the price yesterday on the 1D MA50 (blue trend-line). This rejection is dangerous as it turned the 1D MACD from a Bullish into a Bearish Cross in a matter of 4 days.
If the 1D MA200 (orange trend-line) holds, we will buy when the price breaks above the Channel Down and target 345.00 (almost the April 05 2022 High). If it closes a 1D candle below Support 1 (294.50) and the 1D MA200 (orange trend-line), we will take the loss and sell, targeting 281.50 (symmetrical -10.80% decline).
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ACN Accenture plc Options Ahead of EarningsIf you haven`t sold ACN here:
Then analyzing the options chain and the chart patterns of ACN Accenture plc prior to the earnings report this week,
I would consider purchasing the 315.50usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $9.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ACN Accenture Options Ahead of EarningsIf you haven`t sold ACN here:
Then Analyzing the options chain of ACN Accenture prior to the earnings report this week,
I would consider purchasing the 340usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $7.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ACN | InformativeNYSE:ACN
Technical Analysis for ACN:
If ACN breaks above the bullish line of 293$, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the first target price (TP1) could be set at 296$, while the second target price (TP2) could be set at 304$.
Conversely, if ACN breaks below the bearish line of 285$, it may suggest a bearish signal, implying potential downward price movement. In this case, the first target price (TP1) could be set at 280$, and the second target price (TP2) could be set at 270$.
Fundamental Analysis for ACN:
ACN is a global consulting and professional services company known for its digital, technology, and operations expertise. With a strong track record and a wide range of clients across various industries, ACN has established itself as a leader in the consulting sector. The company benefits from a global presence, a diversified portfolio of services, and a strong reputation for delivering value to its clients. ACN's financial performance, strategic partnerships, and ability to adapt to technological advancements are important factors to consider when assessing its long-term growth potential.
Additionally, ACN has a proven ability to navigate and thrive in dynamic market conditions. The company's focus on digital transformation, cloud computing, and emerging technologies positions it well to capitalize on evolving industry trends.
ACN's strong financial performance, including consistent revenue growth and healthy profit margins, reflects its operational efficiency and effective cost management. Furthermore, ACN's robust client relationships and long-term contracts provide stability and recurring revenue streams.
The company's commitment to innovation is evident through its investments in research and development, strategic acquisitions, and partnerships with leading technology companies. This positions ACN to stay at the forefront of industry advancements and offer cutting-edge solutions to its clients.
Nimble long on Accenture. ACNThree soldiers confirm on otherwise up moving momentum that left OBOS area. Two goals are put with Fibonacci in mind, but also reflect the two possibilities of either being in a triangle or a more neutral channel.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
ACN Accenture Options Ahead Of EarningsIf you haven`t watched the previews article:
Then you should know that looking at the ACN Accenture options chain ahead of earnings , i would buy the $285 strike price Puts with
2023-1-20 expiration date for about
$10.70 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Double two on Accenture complete. ACNWe are seeing a double two finished on Accenture. This implies a start of a new corrective fractal, hence outlook is bearish with one goal at this stage.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Shifting gears on Accenture. ACN We previously had a short on Accenture with a single goal that we did not reach. Exited manually with a profit smaller than planned for. This prompted a review of the fractal map for this stock, leading us to change our stance to a bullish one.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
ACN-SHORT TERM BULLISH SCENARIOIn the 1-hour chart clearly, we can spot the downtrend. On the 16th of June ACN formed a double bottom and the price headed to the major resistance level of $ 300.The scheduled Earnings report will play a major role in the resistance`s future. If the breakout is successful, the next goal for ACN will be to test the $ 315 local resistance.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Accenture accenting its demise. ACNImmediate targets 292, 278. Invalidation 381.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Pay attention ! Covid-19 is not a real threat but ID2020 !!Hello everyone !
Anoinvest is here today with something special for all of you.
More Technicals as well as Fundamentals to be added in upcoming days
So PLEASE do not hesistate &
CLICK LIKE TO SUPPORT THIS IDEA
You will help to spread important informations by higlighting this idea.
Also do not forget to hit Follow of this idea so you will not miss any important update.
This is separate story chart a little off my normal shot.
Not really only Stocks or Crypto related more like world wide situation related and you should really pay attention to these informations .
I know most of people are in panic and scared of Covid-19 and I receive many questions related to Covid-19 and markets situation.
So I did some research and here is part of informations I found interesting and worth sharing with you.
At this point only a hypothesis, but a realistic one, is that along with the vaccination – if not with this one, then possibly with a later one, a nano-chip may be injected, unknown to the person being vaccinated. The chip may be remotely charged with all your personal data, including bank accounts and digital money.
Yes, digital money that’s what “they” are aiming at
Across the globe, the pieces are coming together to make this happen.
Accenture, Microsoft and Avanade have teamed
It's a first step towards a digital identity solution for all.
To set yout into interest here is why I think that it is worth tracking this company from fundamental side.
It is very much ID2020 related.
You don´t know what ID2020 is ? Well ...
ID2020 Alliance Unveils Digital ID Program. ... With the opportunity for immunization to serve as a platform for digital identity, the program harnesses existing birth registration and vaccination operations to provide newborns with a portable and persistent biometrically-linked digital identity.
The ID2020 Alliance has launched a new digital identity program at its annual summit in New York, in collaboration with the Government of Bangladesh, vaccine alliance Gavi, and new partners in government, academia, and humanitarian relief in September 2019 right before the Covid-19 started to spread
id2020.org (See yourself)
id2020-and-partners-launch-program-to-provide-digital-id-with-vaccines
Now back to Accenture, it is the official partner (Microsoft as well) behind the ID2020
Accenture = Market-shaping AI. Self-optimizing systems.
Accenture insight-blockchain-id2020
From technical perspective Accenture is forming solid bullish divergence on Daily chart & More technical updates will be added in upcoming days in next updates.
SUMMARY
Last year, Bill Gates said that 33 million people could die from coronavirus in 250 days.
A few months ago, the head of Microsoft held an exercise called Event 201, which simulated an outbreak of a new virus that killed 65 million people in 18 months. The idea of the teachings is simple – globalization in the name of salvation. Well-known pharmaceutical giants and the Pentagon representatives took part in this exercise. The timing of the exercise cannot be a coincidence: when the exercises were conducted, the coronavirus did not exist. It should either be Nostradamus, or a person who created it . Therefore, these exercises directly confirm Gates’s involvement in this problem.
Is this whole post just Conspiracy theory ?
Bring up the disproof in comments below.
"To be clear, the Center for Health Security and partners did not make a prediction during our tabletop exercise. For the scenario, we modeled a fictional coronavirus pandemic, but we explicitly stated that it was not a prediction. Instead, the exercise served to highlight preparedness and response challenges that would likely arise in a very severe pandemic. We are not now predicting that the nCoV-2019 outbreak will kill 65 million people", says Johns Hopkins Center for Health Security in a statement.
See also related info below or in links with related ideas.
Event 201: Pandemic Exercise. (4.11.2019) Right before the pandemic started really to spread
globalresearch.ca/coronavirus-causes-effects-real-danger-agenda-id2020
Global markets crash was not really caused by Covid-19 panic.
It was stretched and ready to drop anyways whatsoever. The fundamentals are just well timed.
Here are the proofs that I expected and called the drop.
Bitcoin is not really going to 1K ! More likely to visit 100K in upcoming years and here is why !
Remember - DIGITAL MONEY
Yes, digital money that’s what “they” are aiming at
Thank you for your awesome support! I appriciate it from all of you.
Thank you !
ACN stock performance seems as a safe investmentAccenture plc is an Irish company that continues to be a grow-based multinational professional services company that specializes in IT services and consulting with 569,000 employees, 231.68 B market cap
After reviewing the company's financial reports from (yahoo finance)
we can take an overview about the company performance in the last 3 years is rising straight
THE NET INCOME
5,906 B in 30/8/2021 +799 M +15.64 %
5,107 B in 30/8/2020 + 328 M +6.86 %
4,779 B in 30/8/2019 + 720 M +17.73 %
4,059 B in 2018
------------------------------------------
TOTAL ASSETS
43,176 B in 30/8/2021 + 6,098 B +16.44 %
37,078 B in 30/8/2020 +7,288 B +24.46 %
29,790 B in 30/8/2019 +5,341 B +21.84 %
24,449 B in 2018
------------------------------------------
TOTAL DEBT
3,506 B in 30/8/2021 + 0.021 B + 0.60 % 8.12% comparison by assets
3,485 B in 30/8/2020 + 3,462 B +15738.18 % 9.40 % comparison by assets
22,66 M in 30/8/2019 - 2.35 M -9.39 % 0.073 % comparison by assets
25,01 M in 2018
==================
Final result <<<
we have seen the net income of the company is constantly increasing making a positive sign for the investors, The total assets constantly increasing which increases the company power, For the debt, we have seen a huge increase in the 2020 year compared to the 2019 year. but in the end, the company will pay its debt easily
Previous results do not give guarantees for future results, but we can see that the company has successful management and is in continuous development.
ACN stock is a good buy stock right now
Consolidation pattern on ACN ?I noticed this consolidation pattern on ACN.
First, I would like to state that I am extremely bullish as an investor on the company. However, this looks like a promising short term trading pattern.
The rough average of these consolidations since 2010 is 15%. A great return. Even the last two corrections (9.5% and 8.5%) were good.
For me there' are too much current uncertainty to neither go long or short but a bullish run up could constitute a short opportunity.
What is your point of view ?