Accenture plc (ACN)
Accenture plc is an Irish-domiciled multinational company that provides consulting and processing services. It has been incorporated in Dublin, Ireland since 2009.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 25.87% per annum.
- ACN price at the close of July 11, 2025 was $281.06 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 9.45% per annum.
- ACN price at the close of July 11, 2025 was lower than the bottom border of the secondary price channel by $1.52 (0.54%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of ACN price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: October 2, 2024
End date: July 11, 2025
a = 7.1860
b = -0.0008
s = 0.0602
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0008) – 1
= -25.87%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0602) – 1
= 27.21%
October 2, 2024 calculations
Top border of price channel:
Exp(Y1,062)
= Exp(a + b × X1,062 + 2 × s)
= Exp(a + b × 1,541 + 2 × s)
= Exp(7.1860 + -0.0008 × 1,541 + 2 × 0.0602)
= Exp(6.0427)
= $421.05
Bottom border of price channel:
Exp(Y1,062)
= Exp(a + b × X1,062 – 2 × s)
= Exp(a + b × 1,541 – 2 × s)
= Exp(7.1860 + -0.0008 × 1,541 – 2 × 0.0602)
= Exp(5.8021)
= $330.98
July 11, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(7.1860 + -0.0008 × 1,823 + 2 × 0.0602)
= Exp(5.8115)
= $334.12
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(7.1860 + -0.0008 × 1,823 – 2 × 0.0602)
= Exp(5.5708)
= $262.65
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 25.87% per annum.
- ACN price at the close of July 11, 2025 was $281.06 and was inside the primary price channel.
Secondary Trend
Start date: March 20, 2025
End date: July 11, 2025
a = 5.2736
b = 0.0002
s = 0.0404
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 9.45%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0404) – 1
= 17.52%
March 20, 2025 calculations
Top border of price channel:
Exp(Y1,177)
= Exp(a + b × X1,177 + 2 × s)
= Exp(a + b × 1,710 + 2 × s)
= Exp(5.2736 + 0.0002 × 1,710 + 2 × 0.0404)
= Exp(5.7774)
= $322.92
Bottom border of price channel:
Exp(Y1,177)
= Exp(a + b × X1,177 – 2 × s)
= Exp(a + b × 1,710 – 2 × s)
= Exp(5.2736 + 0.0002 × 1,710 – 2 × 0.0404)
= Exp(5.6160)
= $274.79
July 11, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(5.2736 + 0.0002 × 1,823 + 2 × 0.0404)
= Exp(5.8054)
= $332.08
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(5.2736 + 0.0002 × 1,823 – 2 × 0.0404)
= Exp(5.6440)
= $282.58
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 9.45% per annum.
- ACN price at the close of July 11, 2025 was lower than the bottom border of the secondary price channel by $1.52 (0.54%). This indicates a possible reversal in the secondary trend direction.