AUTODESK INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ADSK
ISIN:

AUTODESK INC. - Daily - Technical analysis published on 05/06/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

44%

28%

My opinion

Bearish under 222.20 USD

My targets

210.35 USD (-2.14%)

201.88 USD (-6.08%)

My analysis

AUTODESK INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 222.20 USD. The next support located at 210.35 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 201.88 USD. Below this support, sellers could then target 195.15 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The AUTODESK INC. rating is 214.96 USD. On the day, this instrument lost -0.11% and was traded between 214.79 USD and 217.20 USD over the period. The price is currently at +0.08% from its lowest and -1.03% from its highest.

214.79

217.20

214.96

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of AUTODESK INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	195.15	201.88	210.35	214.96	222.20	234.04	247.42
Change (%)	-9.22%	-6.08%	-2.14%	-	+3.37%	+8.88%	+15.10%
Change	-19.81	-13.08	-4.61	-	+7.24	+19.08	+32.46
Level	Major	Intermediate	Major	-	Intermediate	Major	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	210.56	212.35	213.77	215.56	216.98	218.77	220.19
Camarilla	214.31	214.60	214.90	215.19	215.48	215.78	216.07
Woodie	210.38	212.26	213.59	215.47	216.80	218.68	220.01
Fibonacci	212.35	213.58	214.33	215.56	216.79	217.54	218.77

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	199.34	204.07	209.63	214.36	219.92	224.65	230.21
Camarilla	212.36	213.30	214.25	215.19	216.13	217.08	218.02
Woodie	199.76	204.28	210.05	214.57	220.34	224.86	230.63
Fibonacci	204.07	208.00	210.43	214.36	218.29	220.72	224.65

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	137.95	172.09	192.47	226.61	246.99	281.13	301.51
Camarilla	197.86	202.86	207.85	212.85	217.85	222.85	227.84
Woodie	131.07	168.65	185.59	223.17	240.11	277.69	294.63
Fibonacci	172.09	192.92	205.78	226.61	247.44	260.30	281.13

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	35.34
MACD (12,26,9):	-8.9200
Directional Movement:	-16.52
AROON (14):	-14.29
DEMA (21):	210.16
Parabolic SAR (0,02-0,02-0,2):	207.73
Elder Ray (13):	-1.60
Super Trend (3,10):	227.53
Zig ZAG (10):	215.23
VORTEX (21):	0.7500
Stochastique (14,3,5):	38.46
TEMA (21):	207.36
Williams %R (14):	-32.25
Chande Momentum Oscillator (20):	4.59
Repulse (5,40,3):	-1.9100
ROCnROLL:	2
TRIX (15,9):	-0.6000
Courbe Coppock:	14.33

MA7:	214.12
MA20:	221.50
MA50:	242.34
MA100:	244.79
MAexp7:	214.55
MAexp20:	222.25
MAexp50:	234.48
MAexp100:	236.47
Price / MA7:	+0.39%
Price / MA20:	-2.95%
Price / MA50:	-11.30%
Price / MA100:	-12.19%
Price / MAexp7:	+0.19%
Price / MAexp20:	-3.28%
Price / MAexp50:	-8.32%
Price / MAexp100:	-9.10%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on AUTODESK INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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