AUTODESK INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	ADSK
ISIN:

AUTODESK INC. - 1H - Technical analysis published on 12/18/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

50%

17%

My opinion

Bearish under 307.18 USD

My targets

299.55 USD (-1.03%)

293.50 USD (-3.03%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AUTODESK INC. as long as the price remains well below 307.18 USD. The sellers' bearish objective is set at 299.55 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 293.50 USD. In case of crossing, the next objective would be the support located at 290.53 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

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 302.68 USD. The price is lower by -0.05% since the last closing and was between 302.68 USD and 304.07 USD. This implies that the price is at 0% from its lowest and at -0.46% from its highest.

302.68

304.07

302.68

Here is a more detailed summary of the historical variations registered by AUTODESK INC.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AUTODESK INC. indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 3 are neutral and 9 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	293.50	299.55	302.37	302.68	307.18	311.51	315.73
Change (%)	-3.03%	-1.03%	-0.10%	-	+1.49%	+2.92%	+4.31%
Change	-9.18	-3.13	-0.31	-	+4.50	+8.83	+13.05
Level	Minor	Major	Minor	-	Intermediate	Minor	Minor

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	296.46	297.97	300.39	301.90	304.32	305.83	308.25
Camarilla	301.74	302.10	302.46	302.82	303.18	303.54	303.90
Woodie	296.93	298.20	300.86	302.13	304.79	306.06	308.72
Fibonacci	297.97	299.47	300.40	301.90	303.40	304.33	305.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	292.08	297.52	300.64	306.08	309.20	314.64	317.76
Camarilla	301.42	302.20	302.99	303.77	304.56	305.34	306.12
Woodie	290.93	296.94	299.49	305.50	308.05	314.06	316.61
Fibonacci	297.52	300.79	302.81	306.08	309.35	311.37	314.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	228.46	255.03	273.47	300.04	318.48	345.05	363.49
Camarilla	279.52	283.65	287.77	291.90	296.03	300.15	304.28
Woodie	224.39	253.00	269.40	298.01	314.41	343.02	359.42
Fibonacci	255.03	272.23	282.85	300.04	317.24	327.86	345.05

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	42.81
MACD (12,26,9):	-1.1200
Directional Movement:	-16.92
AROON (14):	-35.71
DEMA (21):	302.67
Parabolic SAR (0,02-0,02-0,2):	299.47
Elder Ray (13):	-0.90
Super Trend (3,10):	306.69
Zig ZAG (10):	302.82
VORTEX (21):	0.8200
Stochastique (14,3,5):	39.07
TEMA (21):	301.83
Williams %R (14):	-56.32
Chande Momentum Oscillator (20):	-4.08
Repulse (5,40,3):	0.5200
ROCnROLL:	2
TRIX (15,9):	-0.0400
Courbe Coppock:	1.58

MA7:	305.83
MA20:	306.16
MA50:	297.76
MA100:	276.58
MAexp7:	302.73
MAexp20:	304.02
MAexp50:	305.02
MAexp100:	304.90
Price / MA7:	-1.03%
Price / MA20:	-1.14%
Price / MA50:	+1.65%
Price / MA100:	+9.44%
Price / MAexp7:	-0.02%
Price / MAexp20:	-0.44%
Price / MAexp50:	-0.77%
Price / MAexp100:	-0.73%

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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