Is Autodesk, Inc. ($ADSK) Set To Blow Up? (2019-11-08)

REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how ADSK has been trading over the last 2 weeks and the past day especially. On its latest session, Autodesk, Inc. ($ADSK) opened at 151.68, reaching a high of 151.96 and a low of 150.48 before closing at a price of 151.51. There was a total volume of 698849.

VOLUME INDICATORS FOR AUTODESK, INC. ($ADSK): We saw an accumulation-distribution index of 2277.26677, an on-balance volume of -151.73, chaikin money flow of 9.57143 and a force index of 0.2232. There was an ease of movement rating of -0.00776, a volume-price trend of -1.42924 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR AUTODESK, INC. ($ADSK): We noted an average true range of 2.72904, bolinger bands of 151.7599, an upper bollinger band of 147.8001, lower bollinger band of 150.48, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 151.37333, high band keltner channel of 151.09333, low band keltner channel of 151.65333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 150.48, a donchian channel low band of 150.48, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR AUTODESK, INC. ($ADSK): We calculated a Moving Average Convergence Divergence (MACD) of -0.03141, a MACD signal of -0.01745, a MACD difference of -0.01396, a fast Exponential Moving Average (EMA) indicator of 150.48, a slow Exponential Moving Average (EMA) indicator of 150.48, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.89251, a trix of 1.24923, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 1.57059, a KST Oscillator (KST) of -10.32936 and a KST Oscillator (KST Signal) of -10.32936 (leaving a KST difference of -2.30187). We also found an Ichimoku rating of 151.82, an Ichimoku B rating of 151.82, a Ichimoku visual trend A of 153.25543, an Ichimoku visual trend B of 151.1617, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR AUTODESK, INC. ($ADSK): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 33.19169, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -1633.82458, a stochastic oscillator of 528.57143, a stochastic oscillator signal of 528.57143, a Williams %R rating of 428.57143 and an awesome oscillator of -0.27867.

RETURNS FOR AUTODESK, INC. ($ADSK): There was a daily return of -1.03294, a daily log return of -0.93471 and a cumulative return of -0.93036.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Autodesk, Inc. ($ADSK)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Autodesk, Inc. ($ADSK) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com

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