NYSE trade advice (C): US consumer discretionary stock | 5-6% gain | USA stock trading picks on 6 Nov 2024

Date
November 6, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Swing Trading Advice in US Stocks

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • AECOM
  • 108 – 109.5
  • 114.5 – 116
  • Below 105
  • 5% – 6%
  • 12 - 14 Days
  • Buy
    AECOM
  • Buy
    Range
    108 – 109.5
  • Target
    114.5 – 116
  • Stoploss
    Below 105
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    AECOM (NYSE: ACM)AECOM (NYSE: ACM) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • ACM
  • AECOM
  • Consumer Discretionary
  • 109.98
  • 77.78
  • NYSE code ACM
  • Stock Name AECOM
  • Sector Consumer Discretionary
  • 52 Weeks High 109.98
  • 52 Weeks Low 77.78
  • AECOM (NYSE: ACM) vs NYSE - Relative Strength Comparison

    The image compares AECOM's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    ACM —   NYSE —

  • AECOM (NYSE: ACM) - Technical Analysis (Daily)

    AECOM - Technical Analysis chart on Daily Price and Volume
    AECOM - Technical Analysis chart on Daily Price and Volume

    • After reaching a peak close to the 98 level, the price saw a downturn but eventually found stability around the 82 level.
    • During a phase of consolidation, the stock price formed a Cup & Handle Pattern.
    • Recently, with a significant breakthrough, the price is now trading at an all-time high and is anticipated to continue rising.
  • AECOM (NYSE: ACM) - RSI Indicator

    AECOM stock analysis based on RSI indicator
    AECOM - RSI indicator

    • Current RSI of this stock is 66.82, which indicates the strength of buyers.

  • AECOM (NYSE: ACM)- ADX & DI Indicator

    AECOM stock analysis based on ADX & DI indicator
    AECOM - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • AECOM (NYSE: ACM) - EMA Crossover

    AECOM stock analysis based on EMA Crossover
    AECOM - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - AECOM (NYSE: ACM) Stock Price Forecast

    Based on our short term trading in USA stocks, AECOM stock price target will be USD 114.5 - USD 116 in the next 12-14 trading sessions.

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    Target hit. Trade closed.

    6 Nov 2024
    13 Nov 2024
    13 Nov 2024
    5 days
    Loss per
    100,000 SAR
    Stop-loss
    105
    Buy Advice
    6 Nov 2024
    108 – 109.5
    Target 1
    13 Nov 2024
    114.5
    Target 2
    13 Nov 2024
    116
    Profit per
    100,000 SAR
    5 days
    5,413
    105
    108 – 109.5
    114.5
    116
    5,413
    6 Nov 2024
    13 Nov 2024
    13 Nov 2024
    5 days
    Loss per
    100,000 SAR
    Stop-loss
    105
    Buy Advice
    6 Nov 2024
    108 – 109.5
    Target 1
    13 Nov 2024
    114.5
    Target 2
    13 Nov 2024
    116
    Profit per
    100,000 SAR
    5 days
    5,413
    105
    108 – 109.5
    114.5
    116
    5,413
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • AECOM
  • 108 – 109.5
  • 114.5 – 116
  • Below 105
  • 5% – 6%
  • 12 - 14 Days
  • Buy AECOM
  • Buy
    Range
    108 – 109.5
  • Target 114.5 – 116
  • Stoploss Below 105
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • AECOM
  • 108 – 109.5
  • 114.5 – 116
  • Below 105
  • 5% – 6%
  • 12 - 14 Days
  • Buy
    AECOM
  • Buy
    Range
    108 – 109.5
  • Target
    114.5 – 116
  • Stoploss
    Below 105
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    AECOM (NYSE: ACM)AECOM (NYSE: ACM) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • ACM
  • AECOM
  • Consumer Discretionary
  • 109.98
  • 77.78
  • NYSE code ACM
  • Stock Name AECOM
  • Sector Consumer Discretionary
  • 52 Weeks High 109.98
  • 52 Weeks Low 77.78
  • Company profile

    AECOM, along with its subsidiaries, delivers top-tier infrastructure consulting services on a global scale. The company operates through three key divisions: Americas, International, and AECOM Capital. AECOM specializes in a wide array of services, including planning, consulting, architectural and engineering design, as well as construction and program management. It caters to both public and private sector clients, while also engaging in the investment and development of real estate projects. Furthermore, AECOM offers comprehensive construction services that encompass building construction, energy projects, and infrastructure and industrial construction. The company plays a vital role in various sectors, including transportation, water, government, facilities, environmental, and energy. Originally established as AECOM Technology Corporation, the company rebranded to AECOM in January 2015. Founded in 1980, AECOM is headquartered in Dallas, Texas.

  • AECOM (NYSE: ACM) vs NYSE - Relative Strength Comparison

    The image compares AECOM's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    ACM —   NYSE —

  • AECOM (NYSE: ACM) - Technical Analysis (Daily)

    AECOM - Technical Analysis chart on Daily Price and Volume
    AECOM - Technical Analysis chart on Daily Price and Volume

    • After reaching a peak close to the 98 level, the price saw a downturn but eventually found stability around the 82 level.
    • During a phase of consolidation, the stock price formed a Cup & Handle Pattern.
    • Recently, with a significant breakthrough, the price is now trading at an all-time high and is anticipated to continue rising.
  • AECOM (NYSE: ACM) - RSI Indicator

    AECOM stock analysis based on RSI indicator
    AECOM - RSI indicator

    • Current RSI of this stock is 66.82, which indicates the strength of buyers.

  • AECOM (NYSE: ACM)- ADX & DI Indicator

    AECOM stock analysis based on ADX & DI indicator
    AECOM - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • AECOM (NYSE: ACM) - EMA Crossover

    AECOM stock analysis based on EMA Crossover
    AECOM - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - AECOM (NYSE: ACM) Stock Price Forecast

    Based on our short term trading in USA stocks, AECOM stock price target will be USD 114.5 - USD 116 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

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