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 7.53% return on risk over the next 8 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 $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $37.00 long put 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Autodesk
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 …
4 Tech Stock Stories Busting Loose on Thursday
Thu, 07 Nov 2013 21:17:08 GMT
Wall St. Cheat Sheet – All the top business stories of the day in the technology sector: 4 Tech Stock Stories Busting Loose on Thursday
Autodesk Announces Intent to Acquire Delcam, Leading Provider of CAM Software
Thu, 07 Nov 2013 17:20:31 GMT
noodls – SAN RAFAEL, Calif.–(BUSINESS WIRE)–Nov. 7, 2013 — Autodesk, Inc. (NASDAQ:ADSK) today announced its intention to acquire Delcam (LON:DLC), one of the world's leading suppliers of advanced software for …
Autodesk Provides 3D Design in a Browser, an Industry First
Thu, 07 Nov 2013 12:37:28 GMT
noodls – Collaboration with Amazon Web Services, OTOY and NVIDIA Enables Developers to Access Powerful 3D Modeling from Anywhere, Anytime, with Any Device Using a Simple Web Browser SAN FRANCISCO–(BUSINESS WIRE)–Nov. …
Autodesk Continues to Deliver Integrated CAM to SolidWorks Users with HSMWorks 2014
Thu, 07 Nov 2013 12:37:27 GMT
noodls – SAN FRANCISCO–(BUSINESS WIRE)–Nov. 5, 2013– Autodesk, Inc. today announced the availability of HSMWorks 2014, the integrated computer aided manufacturing (CAM) solution for SolidWorks users. The new …
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