AUTODESK INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	ADSK
ISIN:

AUTODESK INC. - Daily - Technical analysis published on 12/12/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

28%

44%

My opinion

Bullish above 290.53 USD

My targets

321.27 USD (+4.60%)

342.27 USD (+11.44%)

My analysis

The basic bullish trend is very strong on AUTODESK INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 290.53 USD. Crossing the first resistance at 321.27 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 342.27 USD as an objective. Caution, a return to below 290.53 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

5.4

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AUTODESK INC. rating 307.14 USD. The price is lower by -0.10% since the last closing and was between 304.48 USD and 307.69 USD. This implies that the price is at +0.87% from its lowest and at -0.18% from its highest.

304.48

307.69

307.14

The Central Gaps scanner detects a bearish 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

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

Technical

Technical analysis of AUTODESK INC. in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	253.94	266.68	290.53	307.14	321.27	342.27
Change (%)	-17.32%	-13.17%	-5.41%	-	+4.60%	+11.44%
Change	-53.20	-40.46	-16.61	-	+14.13	+35.13
Level	Intermediate	Major	Major	-	Intermediate	Major

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	298.37	301.57	304.51	307.71	310.65	313.85	316.79
Camarilla	305.77	306.33	306.90	307.46	308.02	308.59	309.15
Woodie	298.25	301.51	304.39	307.65	310.53	313.79	316.67
Fibonacci	301.57	303.91	305.36	307.71	310.05	311.50	313.85

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	278.30	284.87	296.29	302.86	314.28	320.85	332.27
Camarilla	302.76	304.41	306.06	307.71	309.36	311.01	312.66
Woodie	280.73	286.08	298.72	304.07	316.71	322.06	334.70
Fibonacci	284.87	291.74	295.99	302.86	309.73	313.98	320.85

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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.72
MACD (12,26,9):	2.7000
Directional Movement:	9.98
AROON (14):	-21.42
DEMA (21):	308.61
Parabolic SAR (0,02-0,02-0,2):	314.55
Elder Ray (13):	0.66
Super Trend (3,10):	316.03
Zig ZAG (10):	307.57
VORTEX (21):	1.0600
Stochastique (14,3,5):	46.10
TEMA (21):	306.06
Williams %R (14):	-50.52
Chande Momentum Oscillator (20):	-11.76
Repulse (5,40,3):	1.3000
ROCnROLL:	1
TRIX (15,9):	0.1600
Courbe Coppock:	3.18

MA7:	306.29
MA20:	305.87
MA50:	295.63
MA100:	274.66
MAexp7:	305.90
MAexp20:	304.25
MAexp50:	294.91
MAexp100:	280.57
Price / MA7:	+0.28%
Price / MA20:	+0.42%
Price / MA50:	+3.89%
Price / MA100:	+11.83%
Price / MAexp7:	+0.41%
Price / MAexp20:	+0.95%
Price / MAexp50:	+4.15%
Price / MAexp100:	+9.47%

Quotes : - 15 min delayed data - NASDAQ Stocks

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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