AUTODESK INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	ADSK
ISIN:

AUTODESK INC. - Daily - Technical analysis published on 07/08/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 164.50 USD

My targets

178.21 USD (+4.81%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUTODESK INC. as long as the price remains well above 164.50 USD. The buyers” bullish objective is set at 178.21 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUTODESK INC. price is 170.03 USD. On the day, this instrument lost -1.28% with the lowest point at 169.45 USD and the highest point at 171.39 USD. The deviation from the price is +0.34% for the low point and -0.79% for the high point.

169.45

171.39

170.03

The Central Gaps scanner detects a bullish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

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 HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AUTODESK INC. in Daily shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	140.61	157.20	164.50	170.03	178.21
Change (%)	-17.30%	-7.55%	-3.25%	-	+4.81%
Change	-29.42	-12.83	-5.53	-	+8.18
Level	Minor	Major	Intermediate	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	166.49	167.67	170.33	171.34	173.23	174.24	176.13
Camarilla	171.08	171.39	171.69	172.00	172.31	172.61	172.92
Woodie	166.99	167.92	170.33	171.26	173.67	174.59	177.01
Fibonacci	168.44	169.54	170.23	171.34	172.44	173.07	174.35

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	150.03	156.17	167.72	170.03	174.54	176.85	181.36
Camarilla	160.28	161.16	162.03	162.90	163.77	164.64	165.52
Woodie	148.63	155.48	158.15	164.99	167.65	174.50	177.16
Fibonacci	163.21	165.82	167.42	170.03	172.64	171.56	175.19

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):	55.96
MACD (12,26,9):	1.3500
Directional Movement:	6.12
AROON (14):	92.86
DEMA (21):	168.21
Parabolic SAR (0,02-0,02-0,2):	162.66
Elder Ray (13):	2.69
Super Trend (3,10):	158.87
Zig ZAG (10):	170.17
VORTEX (21):	1.0300
Stochastique (14,3,5):	92.01
TEMA (21):	169.81
Williams %R (14):	-20.35
Chande Momentum Oscillator (20):	4.00
Repulse (5,40,3):	1.0400
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	8.20

MA7:	168.90
MA20:	165.74
MA50:	167.82
MA100:	164.72
MAexp7:	169.39
MAexp20:	167.09
MAexp50:	166.02
MAexp100:	162.32
Price / MA7:	+0.67%
Price / MA20:	+2.59%
Price / MA50:	+1.32%
Price / MA100:	+3.22%
Price / MAexp7:	+0.38%
Price / MAexp20:	+1.76%
Price / MAexp50:	+2.42%
Price / MAexp100:	+4.75%

News

The latest news and videos published on AUTODESK INC. at the time of the analysis were as follows:

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

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