Autodesk's most recent trend suggests a bullish bias. One trading opportunity on Autodesk is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 10.38% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock dropped below the $62.50 long put 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 up which suggests that the medium-term momentum for Autodesk is bullish.
The RSI indicator is at 68.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Autodesk
Autodesk Increases Share Repurchase Program
Thu, 29 Sep 2016 18:40:06 GMT
noodls – SAN RAFAEL, Calif.–(BUSINESS WIRE)–Sep. 19, 2016– Autodesk, Inc. (NASDAQ:ADSK) today announced a program to repurchase up to 30 million shares of the company's common stock, in addition to the approximately …
Autodesk Introduces Portfolio for the Future of Manufacturing
Thu, 29 Sep 2016 16:30:05 GMT
noodls – At IMTS 2016, Company Brings Together Autodesk, Delcam, HSM, Netfabb, Pan Computing and Magestic Systems for Complete Set of Additive and Subtractive Manufacturing Solutions CHICAGO–(BUSINESS WIRE)–Sep. …
4 Books the CEO of Autodesk is Reading (ADSK)
Mon, 26 Sep 2016 17:00:00 GMT
Investopedia – Carl Bass, the president and CEO of leading 3-D design firm Autodesk, has a reading list that includes a couple of novels and a textbook on brake press tooling.
Bulls Drove These 5 Stocks to 52-Week Highs Yesterday
Wed, 21 Sep 2016 13:45:14 GMT
[$$] Autodesk Buyback Boost May Be Boon
Tue, 20 Sep 2016 16:47:00 GMT
Barrons.com – Autodesk (ADSK:Nasdaq) By Evercore ISI ($68.13, Sept. 19, 2016) Autodesk announced today an increase to its stock repurchase program, allowing the company to repurchase up to 30 million shares of common stock on top of the approximately 1.5 million shares that were left over from previously announced share repurchase programs at the end of the fiscal second quarter. Autodesk’s (ADSK) repurchase program is intended to allow the company to offset dilution and reduce the outstanding share count over time.
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