Overall ADSK gets a technical rating of 0 out of 10. ADSK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ADSK has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
256.25
We found 3 important support areas.
- A support zone ranging from 286.94 to 290.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @278.44 from a trend line in the weekly time frame.
- Support @258.84 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 295.20 to 308.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 321.27 to 326.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ADSK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ADSK is down. |
| ChartMill Relative Strength | 36.22 | NEUTRAL | ADSK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ADSK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ADSK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ADSK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.81 | NEUTRAL | The RSI value for ADSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests ADSK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.8 | OVERSOLD | The low Stochastics value suggests ADSK may be oversold. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for ADSK suggests some volalility. |
| Average Directional Index/ADX (14) | 29.81 | POSITIVE | The high ADX value value for ADSK suggests a strong trend. |
290.8
+3.86 (+1.34%)
AUTODESK INC / ADSK FAQ
What is the ChartMill technical rating of AUTODESK INC (ADSK) stock?
ChartMill assigns a technical rating of 0 / 10 to ADSK.
What is the current trend direction of AUTODESK INC (ADSK) stock?
The current trend direction for AUTODESK INC (ADSK) is Bearish.
Can you provide the RSI signal for AUTODESK INC?
AUTODESK INC (ADSK) has an RSI value of 38.8076. This indicates that the stock is currently neutral.
What is the short term momentum for AUTODESK INC (ADSK) stock?
The short term momentum for AUTODESK INC (ADSK) is negative.
What is the support and resistance level for ADSK stock?
AUTODESK INC (ADSK) has a support level at 290.79 and a resistance level at 295.2. Check the full technical report for our detailed analysis of ADSK support and resistance levels.