Autodesk's most recent trend suggests a bullish bias. One trading opportunity on Autodesk is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 9.65% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock dropped below the $44.00 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.
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
Why Autodesk (ADSK) Was Upgraded By JPMorgan
Thu, 30 Jan 2014 14:37:00 GMT
Autodesk and FOX Sports Team Up on Groundbreaking Wind Simulation Technology for Super Bowl XLVIII Broadcast
Tue, 28 Jan 2014 14:00:00 GMT
Autodesk: A Different And Safer Way To Play The 3-D Printing Revolution
Tue, 28 Jan 2014 08:59:12 GMT
Adobe Photoshop Adds Tools For 3D Printing
Thu, 16 Jan 2014 17:42:00 GMT
Autodesk Again Named One of FORTUNE’s 100 Best Companies to Work For®
Thu, 16 Jan 2014 15:03:00 GMT
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