The Greedy Trader Weekly Analysis
Sign In Feb 8, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 10
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Autodesk, Inc.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance lineWeekly  MACD line has moved above its signal lineTrend support at 148.00
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtMACD bearish divergenceThe price is above the upper Bollinger Band
Move cursor over the icon to see details.

It was a sixth positive week after 3 consecutive negative weeks for the Autodesk, Inc. (ADSK). During the week, the ADSK gained 6.99 points, or 4.92%, and closed at 149.07 on Friday, February 1, 2019. Weekly volume was -39% below 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 159.94 on August 27, 2018. ADSK gained -148.24 points, or -1267.01%, in 495 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (54.60) 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 159.94 on August 27, 2018. ADSK gained -118.34 points, or -284.47%, in 132 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (148.00) line. The support is usually stronger when technical indicators are oversold. 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 support line in a medium-term trend.

Weekly Technical Indicators: [See ADSK weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 December 24, 2018 at 117.72 and reached 149.56 on February 1, 2019. ADSK gained -31.84 points, or -27.05%, in 39 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 139.48 and resistance is at 150.78. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a short-term trend.

Daily Technical Indicators: [See ADSK daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is above its signal line since January 3, 2019. This is an indication that the short-term trend is up.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.87
Williams' Percentage Range (W%R) 6.40
Strong Overbought
Lane's Stochastic (%D-Slow) 88.29
Overbought
Greed/Fear Indicator (GFI) 83.58
Overbought
Moving Average Converg./Diverg. (MACD) 2.44 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.52
Williams' Percentage Range (W%R) 23.70
Lane's Stochastic (%D-Slow) 56.06
Greed/Fear Indicator (GFI) 62.15
Moving Average Converg./Diverg. (MACD) 0.11
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 161.78
Weekly Trendline Resistance 150.78
Price 149.07
Upper Bollinger Band 148.84
Daily Stochastic Crossing 148.04
Quarterly Trendline Support 148.00
Parabolic System 142.99
Weekly Trendline Support 139.48
20 Day Moving Average 138.36
Weekly Stochastic Crossing 137.82
50 Day Moving Average 134.79
Lower Bollinger Band 129.14
Sector and Industry
Description Name Rank
Sector Technology 6
Industry Technical/System Software 135
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 135.24
Low Date 01/24/2019
High 149.56
High Date 02/01/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 150.78
Support 139.48
Low 117.72
Low Date 12/24/2018
High 149.56
High Date 02/01/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 159.94
High Date 08/27/2018
Low 117.72
Low Date 12/24/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 161.78
Support 148.00
Low 41.60
Low Date 02/09/2016
High 159.94
High Date 08/27/2018
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 79.28
Support 54.60
Low 11.70
Low Date 03/02/2009
High 159.94
High Date 08/27/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.