Autodesk's most recent trend suggests a bullish bias. One trading opportunity on Autodesk is a Bull Put Spread using a strike $148.00 short put and a strike $143.00 long put offers a potential 23.46% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $148.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $143.00 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 36.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Autodesk
Autodesk Earns Membership In 95-Plus Composite Rating Club
Tue, 17 Mar 2020 21:58:00 +0000
The IBD SmartSelect Composite Rating for Autodesk increased from 93 to 96 Tuesday. The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.
Autodesk Construction Cloud Increases Industry Footprint with Growing Customer Adoption and Expanded Global Team
Tue, 10 Mar 2020 17:00:00 +0000
Autodesk, Inc. (Nasdaq: ADSK) today announced Autodesk Construction Cloud™ is gaining traction with owners, general contractors and subcontractors across the construction industry. Since launching in November 2019, Autodesk Construction Cloud has seen significant growth as well as a robust expansion of the Autodesk Construction Solutions global team.
New Study from FMI and Autodesk Finds Construction Organizations with the Highest Levels of Trust Perform Twice as Well on Crucial Business Metrics
Tue, 10 Mar 2020 17:00:00 +0000
Autodesk, Inc. (NASDAQ: ADSK), in partnership with management consulting firm FMI Corporation, today released findings from an industry study, "Trust Matters: The High Cost of Low Trust." The study measured the costs and benefits of different levels of trust within construction organizations and across construction project teams. The findings reveal organizations with "very high" levels of trust achieve better financial and organizational performance – yet 63 percent of survey respondents shared their organizations have less than "very high" trust. Compared to organizations with lower levels of trust, "very high" trust organizations generate more repeat business, retain more employees and drive a higher level of operational success.
Do Hedge Funds Love Autodesk, Inc. (ADSK)?
Sat, 07 Mar 2020 15:15:22 +0000
Coronavirus is probably the 1 concern in investors' minds right now. It should be. We estimate that COVID-19 will kill around 5 million people worldwide and there is a 3.3% probability that Donald Trump will die from the new coronavirus (read the details). In these volatile markets we scrutinize hedge fund filings to get a […]
Edited Transcript of ADSK earnings conference call or presentation 27-Feb-20 10:00pm GMT
Fri, 06 Mar 2020 23:27:06 +0000
Q4 2020 Autodesk Inc Earnings Call
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