Barchart Research Team - BC - Fri Jan 25, 10:44PM CST
The "Chart of the Day" is Accenture (ACN), which showed up on Friday's Barchart "All-Time High" list. Accenture on Friday posted a new all-time high of $72.24 and closed +1.22%. TrendSpotter turned long last Wednesday at $71.25. In recent news on the stock, Evercore on Jan 25 initiated coverage on Accenture with an Overweight rating and a target of $86. Accenture on Dec 19 reported Q1 EPS of $1.06, above the consensus of $1.04. Accenture, with a market cap of $53 billion, is a management consulting, technology services and outsourcing organization.
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We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
- TrendSpotter: Buy
- Short-Term Indicators: 80% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 100% Buy
- Overall Average 96% Buy
Barchart links for further information:
Chart of the Day Archive
View Past Chart of the Day Reports