Autodesk (ADSK) Shares are Up 1.14%

Autodesk (ADSK) : Traders are bullish on Autodesk (ADSK) as it has outperformed the S&P 500 by a wide margin of 5.85% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.21%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.14% in the last 1 week, and is up 9.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 4.76% and the 50-Day Moving Average is 4.49%. Autodesk, Inc. has dropped 0.62% during the last 3-month period . Year-to-Date the stock performance stands at -2.43%.


Autodesk (NASDAQ:ADSK): The stock was completely flat for the day, closing at $59.45 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $59.50, the stock touched an intraday high of $59.67 and a low of $58.64. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $59.45. The total trading volume on Friday was 1,194,477.

Autodesk, Inc. (Autodesk) is a design software and services company, offering customers productive business solutions through technology products and services. The Company serves customers in the architecture, engineering and construction; manufacturing, and digital media, consumer and entertainment industries. The Company operates in four segments: Architecture, Engineering and Construction (AEC), Platform Solutions and Emerging Business (PSEB), Manufacturing (MFG), and Media and Entertainment (M&E). The PSEB, AEC and MFG segments offer a range of services, including consulting, support and training. The M&E segment offers software products to creative professionals, post-production facilities and broadcasters for a variety of applications, including feature films, television programs, commercials, music and corporate videos, interactive game production, Web design and interactive Web streaming.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.