Autodesk's most recent trend suggests a bearish bias. One trading opportunity on Autodesk is a Bear Call Spread using a strike $115.00 short call and a strike $125.00 long call offers a potential 6.04% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $115.00 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $9.43 would be incurred if the stock rose above the $125.00 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 28.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Autodesk
Autodesk's chief marketing officer steps in to fill CEO role
Mon, 19 Jun 2017 22:50:12 +0000
Software maker Autodesk has a new CEO after its longtime head Carl Bass stepped down in February — and it is losing one interim co-CEO who didn’t get the job. Andrew Anagnost, who was interim co-chief executive officer and chief marketing officer, will be the San Rafael-based company's new president and CEO effective immediately, Autodesk said Monday. Autodesk makes software such as AutoCAD, which is frequently used in manufacturing, construction, architecture and design.
Autodesk Names Andrew Anagnost President, CEO
Mon, 19 Jun 2017 21:09:00 +0000
Anagnost shared the title of interim co-CEO Amar Hanspal, who will leave the company on July 10.
Autodesk names Andrew Anagnost its CEO
Mon, 19 Jun 2017 20:23:18 +0000
Autodesk Inc. said late Monday its board of directors has named Andrew Anagnost the software company's chief executive officer, effectively immediately. He will also join Autodesk's board of directors, …
Autodesk Names Andrew Anagnost President and CEO
Mon, 19 Jun 2017 20:15:00 +0000
SAN FRANCISCO, June 19, 2017 /PRNewswire/ — Autodesk, Inc. (ADSK) today announced that its board of directors has appointed Andrew Anagnost, current interim co-chief executive officer and chief marketing officer, as the company's new president and CEO, effective immediately. “The board and I are delighted that Andrew will lead Autodesk into its next stage of growth,” said Crawford W. Beveridge, chairman of the board of Autodesk. Anagnost, who holds a PhD in Aeronautical Engineering and Computer Science from Stanford University, began his career at Lockheed Aeronautical Systems Company and as an NRC fellow at NASA Ames Research Center.
Autodesk (ADSK) Up 9.4% Since Earnings Report: Can It Continue?
Mon, 19 Jun 2017 07:03:07 +0000
Autodesk (ADSK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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