The Greedy Trader Weekly Analysis
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Number of records: 8
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Autodesk, Inc.
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Summary:
Weekly :Broken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overboughtLane's Stochastic bearish divergencePrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the Autodesk, Inc. (ADSK). During the week, the ADSK gained 11.81 points, or 8.90%, and closed at 144.50 on Friday, November 30, 2018. It was the best weekly gain since August 24, 2018. Weekly volume was 42% 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 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 (53.90) 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 trend support level is at 142.10 and resistance is at 155.88. 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 medium-term trend.

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

The weekly MACD line is below its signal line since October 12, 2018. 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 November 20, 2018 at 120.10 and reached 147.44 on November 29, 2018. ADSK gained -27.34 points, or -22.76%, in 9 days. The price is now at the 10.75% retracement level.

Daily Technical Indicators: [See ADSK daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic 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 November 20, 2018. This is an indication that the short-term trend is up.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.59
Williams' Percentage Range (W%R) 5.60
Strong Overbought
Lane's Stochastic (%D-Slow) 91.73
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 81.59
Overbought
Moving Average Converg./Diverg. (MACD) -0.40
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.17
Williams' Percentage Range (W%R) 35.00
Lane's Stochastic (%D-Slow) 36.68
Greed/Fear Indicator (GFI) 50.14
Moving Average Converg./Diverg. (MACD) 2.81
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 155.88
Upper Bollinger Band 148.10
Daily Stochastic Crossing 144.83
Price 144.50
Quarterly Trendline Support 142.10
50 Day Moving Average 138.87
20 Day Moving Average 135.19
Weekly Stochastic Crossing 133.69
Parabolic System 128.67
Lower Bollinger Band 124.99
Sector and Industry
Description Name Rank
Sector Technology 3
Industry Technical/System Software 102
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 120.10
Low Date 11/20/2018
High 147.44
High Date 11/29/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 119.93
Low Date 10/29/2018
High 147.44
High Date 11/29/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 159.94
High Date 08/27/2018
Low 119.93
Low Date 10/29/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 155.88
Support 142.10
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 78.58
Support 53.90
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.

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