Autodesk's most recent trend suggests a bearish bias. One trading opportunity on Autodesk is a Bear Call Spread using a strike $47.00 short call and a strike $55.00 long call offers a potential 23.08% 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 $47.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $6.50 would be incurred if the stock rose above the $55.00 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 34.34 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Autodesk
Autodesk Grafts On A New Way To Innovate
Tue, 15 Apr 2014 13:31:00 GMT
Forbes – Autodesk has had a mixed six months, its stock price first rising and then taking a bath in the general decline of tech stocks at the start of April. Stock analysts remain bullish – its new revenue model moves customers away from purchase margins to recurring revenues, a must-have in […]
Huge call sale targets Autodesk
Tue, 15 Apr 2014 09:47:24 GMT
Why Autodesk (ADSK) Stock Fell Today
Fri, 04 Apr 2014 20:47:00 GMT
TheStreet – Autodesk (ADSK) stock fell Friday as tech stocks and the Nasdaq slid after a morning rally.
Insider Trading Alert – MFRM, HA And ADSK Traded By Insiders
Thu, 03 Apr 2014 14:45:00 GMT
New Creative Market Photos Category Launches, Inviting Genuine, Unique Photography
Mon, 31 Mar 2014 12:00:00 GMT
Business Wire – Creative Market, an Autodesk, Inc. platform for handcrafted, mousemade design content from independent designers, today introduced a new Photos shop category for hig
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