Autodesk's most recent trend suggests a bullish bias. One trading opportunity on Autodesk is a Bull Put Spread using a strike $265.00 short put and a strike $260.00 long put offers a potential 36.99% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $265.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $260.00 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 27.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Autodesk
Autodesk Inc (ADSK) President and CEO Andrew Anagnost Sold $1.2 million of Shares
Wed, 08 Dec 2021 03:15:01 +0000
President and CEO of Autodesk Inc (30-Year Financial, Insider Trades) Andrew Anagnost (insider trades) sold 4,724 shares of ADSK on 12/03/2021 at an average price of $256.27 a share.
Autodesk, Inc. (ADSK) Fell Out Of Favor With Hedge Funds
Wed, 08 Dec 2021 01:57:36 +0000
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F filings […]
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Autodesk Stock Crashed — Should You Buy the Dip?
Thu, 02 Dec 2021 13:21:00 +0000
Investors in engineering-design software company Autodesk (NASDAQ: ADSK) got hit on the release of its disappointing third-quarter fiscal 2022 earnings report. Please note that Autodesk just finished its fiscal third quarter of 2022. The problem with Autodesk's 2023 guidance is it has always looked aggressive.
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