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Application Software Industry Stocks Technical Analysis - ADSKArchive
- 6/6/2025 -
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Autodesk, Inc. (ADSK) Technical Analysis
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| Summary:
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| | It was a second consecutive positive week for the Autodesk, Inc. (ADSK). During the week, the ADSK climbed 1.74 points, or 0.59%, and closed at 297.86 on Friday, June 6, 2025. Weekly volume was -30% below average.
ADSK is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ADSK long-term trend chart]
A long-term downtrend had started on November 25, 2024 at 326.60 and reached 232.70 on April 7, 2025. ADSK lost 93.90 points, or 28.75%, in 19 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (298.32). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See ADSK medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 232.70 and reached 304.80 on May 23, 2025. ADSK gained -72.10 points, or -30.98%, in 6 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (309.53) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a medium-term trend.
 Weekly Technical Indicators: [See ADSK weekly technical indicators chart]
Weekly Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. 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 Lane's Stochastic help.
The weekly MACD line is above its signal line since May 9, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See ADSK short-term trend chart]
A short-term uptrend had started on June 2, 2025 at 291.24 and reached 301.43 on June 4, 2025. ADSK gained -10.19 points, or -3.50%, in 2 days. The price is now at the 35.03% retracement 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 May 27, 2025. The distance between MACD and the signal line is low, but getting bigger.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The distance between the Bollinger Bands (3.72%) is close to one year low (5.97%). It is 68.77% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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