Accenture is a services company. Co. provides a range of services in strategy and consulting, interactive, technology and operations. Co.'s industry groups are: Communications, Media and Technology, which serves communications, media, high tech, software and platform companies; Financial Services, which serves the banking, capital markets and insurance industries; Health and Public Service, which serves healthcare providers and public service organizations; Products, which provides consumer goods, retail and travel services, industrial and life services; and Resources, which serves the chemicals and natural resources, energy and utilities industries.
When researching a stock like Accenture, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from ACN Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for ACN stock — the real life supply and demand for the stock over time — and examines that data in different ways. |
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Video: Technical Analysis