AUTODESK INC (ADSK)
US0527691069 - Common Stock
Taking everything into account, ADSK scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that ADSK is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by ADSK over the past year are nicely spread over this period.
ADSK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ADSK is lagging the market slightly.
In the last month ADSK has a been trading in the 288.54 - 320.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ADSK has an average volume of 1509410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ADSK is part of the Software industry. There are 280 other stocks in this industry, ADSK did better than 60% of them.
Besides having an excellent technical rating, ADSK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 301.16, a Stop Loss order could be placed below this zone.
More info and screens
190.60
324.49
5 important support areas can be observed.
- A support zone ranging from 290.63 to 301.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @283.80 from a horizontal line in the daily time frame.
- Support @207.84 from a trend line in the weekly time frame.
- Support @199.68 from a horizontal line in the weekly time frame.
- Support @192.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 301.87 to 302.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 321.28 to 321.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.34
Mansfield0.59
10 Day High310.9
10 Day Low288.54
20 Day High320.99
20 Day Low288.54
52 Week High326.62
52 Week Low195.32
Performance
1 Week-0.53%
2 Weeks-0.91%
1 Month-5.69%
3 Month10.79%
6 Month21.73%
12 Month23.72%
2 Year61.2%
3 Year7.13%
5 Year64.19%
10 Year401.55%
15 Year1085.48%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.23
RSI(14)50.19
LBB292.37
UBB312.92
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 302.01 | 290.62 | 11.39 (3.77%) | 25.00% |
| An entry @302.01. This is a Buy Stop order right above the resistance zone. | An exit @290.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.39 points, which is 3.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.94%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AUTODESK INC
NASDAQ:ADSK (12/24/2024, 7:54:05 PM)
After market: 301.23 0 (0%)301.23
+3.74 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.26%
1 Week-0.53%
2 Weeks-0.91%
1 Month-5.69%
3 Month10.79%
6 Month21.73%
12 Month23.72%
2 Year61.2%
3 Year7.13%
5 Year64.19%
10 Year401.55%
15 Year1085.48%
Volatility
ATR(14)6.39
ATR(20)%2.43%
ATR Inc-36.32%
Range Today4.55
ADR(20)6.23
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.34
Mansfield0.59
10 Day High310.9
10 Day Low288.54
20 Day High320.99
20 Day Low288.54
52 Week High326.62
52 Week Low195.32
CS1 End301.16
CR1 Start301.87
Volume & EV
DER(3)1.73%
DER(5)0.71%
Volume560.00K
Volume Incr4.41%
Vol(5)1.77M
Vol(50)1.51M