Autodesk's most recent trend suggests a bearish bias. One trading opportunity on Autodesk is a Bear Call Spread using a strike $145.00 short call and a strike $155.00 long call offers a potential 30.04% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $145.00 by expiration. The full premium credit of $2.31 would be kept by the premium seller. The risk of $7.69 would be incurred if the stock rose above the $155.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Autodesk is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Autodesk is bearish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Autodesk
Autodesk Appoints Karen Blasing To Board Of Directors
Wed, 21 Mar 2018 20:45:00 +0000
SAN RAFAEL, Calif., March 21, 2018 /PRNewswire/ — Autodesk, Inc. (ADSK) announced the appointment of Karen Blasing to its Board of Directors, effective immediately. Most recently CFO of Guidewire Software, Blasing has more than 25 years of financial leadership experience. “We sought a leader with strong expertise in finance, operations, strategy and knowledge of technology, and are thrilled to have found a great fit in Karen Blasing,” said Crawford W. Beveridge, chairman of the board of Autodesk.
Autodesk Extends Invitation to Join Investor Day Webcast
Wed, 21 Mar 2018 12:00:00 +0000
SAN RAFAEL, Calif., March 21, 2018 /PRNewswire/ — Autodesk, Inc. (ADSK) today announced that it will webcast its Investor Day event on Wednesday, March 28, 2018 at 8:30 a.m. Pacific Time. Andrew Anagnost, Autodesk president and CEO, will be joined by other Autodesk senior executives to discuss opportunities in the current market, provide updates on the business model transition, financial metrics, and corporate strategy with the investment community. For more information, please call Autodesk Investor Relations at 415-507-6373. Autodesk makes software for people who make things. If you've ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you've experienced what millions of Autodesk customers are doing with our software.
Should You Buy Autodesk Inc (NASDAQ:ADSK) Now?
Thu, 15 Mar 2018 19:26:36 +0000
Let’s talk about the popular Autodesk Inc (NASDAQ:ADSK). The company’s shares received a lot of attention from a substantial price increase on the NasdaqGS over the last few months. AsRead More…
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See what the IHS Markit Score report has to say about Autodesk Inc.
Tue, 13 Mar 2018 12:04:14 +0000
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.
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