AUTODESK INC. - Daily - Technical analysis published on 01/13/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 300.16 USD
My targets
266.68 USD (-6.38%)
253.91 USD (-10.86%)
My analysis
AUTODESK INC. is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 300.16 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 266.68 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 253.91 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 221.95 USD. Beware of a possible return to above the resistance located at 300.16 USD which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUTODESK INC. rating 284.85 USD. The price registered a decrease of -0.04% on the session and was traded between 279.84 USD and 286.65 USD over the period. The price is currently at +1.79% from its lowest and -0.63% from its highest.279.84
286.65
284.85
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUTODESK INC.:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of AUTODESK INC. indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
In fact, 14 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 221.95 | 253.91 | 266.68 | 284.85 | 300.16 | 309.34 | 321.27 |
| Change (%) | -22.08% | -10.86% | -6.38% | - | +5.37% | +8.60% | +12.79% |
| Change | -62.90 | -30.94 | -18.17 | - | +15.31 | +24.49 | +36.42 |
| Level | Intermediate | Minor | Major | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 273.94 | 279.21 | 282.08 | 287.35 | 290.22 | 295.49 | 298.36 |
| Camarilla | 282.72 | 283.47 | 284.21 | 284.96 | 285.71 | 286.45 | 287.20 |
| Woodie | 272.75 | 278.61 | 280.89 | 286.75 | 289.03 | 294.89 | 297.17 |
| Fibonacci | 279.21 | 282.32 | 284.24 | 287.35 | 290.46 | 292.38 | 295.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 265.84 | 275.15 | 280.06 | 289.37 | 294.28 | 303.59 | 308.50 |
| Camarilla | 281.05 | 282.35 | 283.66 | 284.96 | 286.26 | 287.57 | 288.87 |
| Woodie | 263.63 | 274.05 | 277.85 | 288.27 | 292.07 | 302.49 | 306.29 |
| Fibonacci | 275.15 | 280.59 | 283.94 | 289.37 | 294.81 | 298.16 | 303.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 262.60 | 275.57 | 285.57 | 298.54 | 308.54 | 321.51 | 331.51 |
| Camarilla | 289.25 | 291.36 | 293.46 | 295.57 | 297.68 | 299.78 | 301.89 |
| Woodie | 261.12 | 274.83 | 284.09 | 297.80 | 307.06 | 320.77 | 330.03 |
| Fibonacci | 275.57 | 284.35 | 289.77 | 298.54 | 307.32 | 312.74 | 321.51 |
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): | 36.83 | |
| MACD (12,26,9): | -2.8300 | |
| Directional Movement: | -16.70 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 293.28 | |
| Parabolic SAR (0,02-0,02-0,2): | 298.69 | |
| Elder Ray (13): | -6.05 | |
| Super Trend (3,10): | 308.68 | |
| Zig ZAG (10): | 284.96 | |
| VORTEX (21): | 0.7700 | |
| Stochastique (14,3,5): | 22.65 | |
| TEMA (21): | 289.50 | |
| Williams %R (14): | -97.16 | |
| Chande Momentum Oscillator (20): | -13.16 | |
| Repulse (5,40,3): | -3.3800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 5.70 |
| MA7: | 292.52 | |
| MA20: | 297.73 | |
| MA50: | 300.71 | |
| MA100: | 284.76 | |
| MAexp7: | 292.25 | |
| MAexp20: | 296.34 | |
| MAexp50: | 295.42 | |
| MAexp100: | 285.53 | |
| Price / MA7: | -2.62% | |
| Price / MA20: | -4.33% | |
| Price / MA50: | -5.27% | |
| Price / MA100: | +0.03% | |
| Price / MAexp7: | -2.53% | |
| Price / MAexp20: | -3.88% | |
| Price / MAexp50: | -3.58% | |
| Price / MAexp100: | -0.24% |
Quotes :
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15 min delayed data
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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:
- Autodesk announces appointment of two new independent directors
- Autodesk to present at upcoming investor conferences
- AUTODESK, INC. ANNOUNCES FISCAL 2025 THIRD QUARTER RESULTS
- Autodesk appoints Janesh Moorjani as chief financial officer
- Autodesk extends invitation to join financial results conference call
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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