Autodesk's most recent trend suggests a bullish bias. One trading opportunity on Autodesk is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 5.93% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $45.00 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 71.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Autodesk
Autodesk to Webcast Its Annual Meeting of Stockholders
Tue, 03 Jun 2014 12:00:00 GMT
Business Wire – Autodesk, Inc. today announced that it will broadcast its annual meeting of stockholders live via its website on Tuesday, June 10th at 2:30 p.m. Pacific Time. The live webcast will be available through Autodesk's Investor Relations website at www.autodesk.com/investors.
An Interview With Autodesk's Director of Business Development About the Company's Planned 3-D Printer and 3-D Printing Platform, Spark
Thu, 29 May 2014 17:15:56 GMT
Motley Fool – Autodesk shares some information beyond what was contained in its press release about its 3-D printing initiative.
Autodesk to Present at the Bank of America Merrill Lynch Global Technology Conference
Wed, 28 May 2014 12:00:00 GMT
Business Wire – Autodesk, Inc. Chief Financial Officer Mark Hawkins, will present at the Bank of America Global Technology Conference in San Francisco, California, on Tuesday, June 3 at 2:05 p.m.
Why Autodesk's CTO Believes Synthetic Biology is More Promising Than 3-D Printing
Tue, 27 May 2014 17:24:30 GMT
Korea demand boosts design-software maker Aveva's profit
Tue, 27 May 2014 11:02:16 GMT
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