Autodesk's most recent trend suggests a bullish bias. One trading opportunity on Autodesk is a Bull Put Spread using a strike $42.00 short put and a strike $37.00 long put offers a potential 26.26% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $42.00 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock dropped below the $37.00 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 76.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Autodesk
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.
Stratasys' MakerBot to try to put 3D printer in every U.S. school
Tue, 12 Nov 2013 18:19:07 GMT
theflyonthewall.com – Stratasys' MakerBot to try to put 3D printer in every U.S. school
Autodesk, Inc. (ADSK) Enters Overbought territory
Tue, 12 Nov 2013 11:43:55 GMT
Zacks – Autodesk, Inc. (ADSK) Enters Overbought territory
Autodesk announces intention to acquire Delcam
Fri, 08 Nov 2013 16:24:51 GMT
noodls – Autodesk has announced its intention to acquire Delcam, one of the world's leading suppliers of advanced software for manufacturing industry. The companies offer complementary ranges of software, with …
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