Autodesk's most recent trend suggests a bullish bias. One trading opportunity on Autodesk is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 9.89% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $44.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Autodesk is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Autodesk is bullish.
The RSI indicator is at 75.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Autodesk
Autodesk price target raised to $55 from $50 at RW Baird
Wed, 19 Feb 2014 12:50:21 GMT
theflyonthewall.com – Baird raised its price target on Autodesk ahead of Q4 results. The firm sees an improved sentiment in all geographies and product categories. Shares are Outperform rated.
Autodesk Completes Acquisition of Delcam
Wed, 19 Feb 2014 02:08:40 GMT
noodls – Addition of Industry Leading CAM Software to Accelerate Development of Technology for Advanced Manufacturing SAN RAFAEL, Calif. & BIRMINGHAM, England–(BUSINESS WIRE)–Feb. 6, 2014– Autodesk, Inc. (NASDAQ:ADSK) …
Soros buys J.P. Morgan, Citi; ups GM stake
Fri, 14 Feb 2014 22:11:39 GMT
Jive Software (JIVE) in Focus: Stocks Tumbles 18.8%
Thu, 13 Feb 2014 12:38:09 GMT
Zacks – Shares of Jive Software fell nearly 19% yesterday, continuing its recent downtrend since Jan 21
Akamai Upgraded to Strong Buy
Wed, 12 Feb 2014 16:40:04 GMT
Zacks – On Feb 11, 2014, Zacks Investment Research upgraded Akamai Technologies to a Zacks Rank #1 (Strong Buy).
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