Autodesk's most recent trend suggests a bearish bias. One trading opportunity on Autodesk is a Bear Call Spread using a strike $45.00 short call and a strike $50.00 long call offers a potential 25.31% 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 $45.00 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $3.99 would be incurred if the stock rose above the $50.00 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 73.15 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Autodesk
Week ahead: It's the week of the consumer
Sat, 16 Nov 2013 04:44:19 GMT
CNBC – Some traders are convinced the stock market is poised to move higher into the year end, and the week ahead may provide more proof of that.
Joe, Becky, and Andrew squawk their Top 10 bands
Thu, 14 Nov 2013 23:25:01 GMT
CNBC – Which bands are the all-time best? Winklevosses, what's up with bitcoin? Is a tech wreck brewing? Answers to these questions and more in “Talking Squawk.”
Autodesk's 123D Catch app updated with enhanced capture and Photo Compass assistance
Thu, 14 Nov 2013 22:03:00 GMT
Smithsonian Now Allows Anyone To 3D Print (Some) Historic Artifacts
Wed, 13 Nov 2013 20:26:00 GMT
Forbes – The world's largest network of museums has introduced Smithsonian X 3D, a new effort and web portal to create 3D renderings of its vast and fascinating collections of more than 137 million objects — starting with 20 precious artifacts.
Autodesk Powers 3D Explorer for Smithsonian Institution
Wed, 13 Nov 2013 14:05:00 GMT
Business Wire – Autodesk, Inc. and the Smithsonian today debuted the Smithsonian x3D Explorer, an interactive 3D educational tool accessible to anyone via the web. Autodesk built the tool exclusively for the Smithsonian to democratize access to prized specimens and to bring their stories to life.
Related Posts
Also on Market Tamer…
Follow Us on Facebook