Autodesk's most recent trend suggests a bearish bias. One trading opportunity on Autodesk is a Bear Call Spread using a strike $55.00 short call and a strike $65.00 long call offers a potential 5.37% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $9.49 would be incurred if the stock rose above the $65.00 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 at 32.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Autodesk
AUTODESK INC Financials
Fri, 14 Mar 2014 17:04:08 GMT
Autodesk Launches Instant Mobile Messaging App For Enterprise Users
Thu, 13 Mar 2014 17:30:36 GMT
AUTODESK INC Files SEC form 10-K, Annual Report
Mon, 10 Mar 2014 20:18:20 GMT
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Thu, 06 Mar 2014 21:38:00 GMT
Axiom's Dalton: Investors crowding into some stocks
Thu, 06 Mar 2014 21:35:00 GMT
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