Sign In to see current Signals.
Move cursor over the icon to see details.
|It was the negative week for the Autodesk, Inc. (ADSK). During the week, the ADSK dropped -5.70 points, or -5.11%, and closed at 105.94 on Friday, February 09, 2018. Weekly volume was 44% above average. |
Long-term trend: [See ADSK long-term trend chart]
A long-term uptrend had started on March 2, 2009 at 11.70 and reached 131.10 on November 28, 2017. ADSK gained -119.40 points, or -1020.51%, in 456 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (50.41) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See ADSK medium-term trend chart]
A medium-term uptrend had started on February 9, 2016 at 41.60 and reached 131.10 on November 28, 2017. ADSK gained -89.50 points, or -215.14%, in 94 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 84.84 and resistance is at 139.66. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ADSK weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since November 24, 2017. Use the following link to access a MACD help.
Short-term trend: [See ADSK short-term trend chart]
A short-term downtrend had started on January 24, 2018 at 119.24 and reached 101.58 on February 9, 2018. ADSK lost 17.66 points, or 14.81%, in 16 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See ADSK daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since February 1, 2018. This is an indication that the short-term trend is down.