Stock Analysis: Autodesk Inc (ADSK)

Stock Analysis for Autodesk Inc (ADSK)

The Interpreter
Hey Friend, I'm analysing AUTODESK INC (ADSK), and it is between the Support of $ 208.80 (PivotS3) and the Resistance of $ 210.94 (-38.2% of Fibonacci). The stock is also approaching the line of PivotS3 at $ 208.80, and if it goes below this line it could reach the next Support of -50% of Fibonacci at $ 206.41.

Autodesk Inc (ADSK)

$ 209.95 -0.4%

Last Close 02-May-24

Trade ADSK Now

Supports

Next Support: $ 208.80

Pivot S3: $ 208.80
Fibonacci -50%: $ 206.41

Resistances

Next Resistance: $ 210.94

Pivot S2: $ 211.20
Fibonacci -38.2%: $ 210.94
Triangle Level (1): $ 236.64

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 26 Mar 2024	Buy Price: 261.67	Loss: Close Day2 ($ 260.42)	Abandoned Baby	Buy
002 13 Mar 2024	Sell Price: 258.70	Profit: Open Day1 ($ 258.56)	Engulfing	Sell
003 04 Mar 2024	Sell Price: 260.70	Profit: Open Day1 ($ 257.35)	Abandoned Baby	Sell
004 29 Feb 2024	Buy Price: 258.17	Profit: Open Day1 ($ 275.00)	Abandoned Baby	Buy
005 14 Feb 2024	Buy Price: 262.17	Profit: Open Day1 ($ 264.74)	Abandoned Baby	Buy
006 01 Feb 2024	Buy Price: 255.07	Profit: Close Day1 ($ 256.45)	Engulfing	Buy
007 18 Jan 2024	Buy Price: 241.18	Profit: Open Day1 ($ 242.37)	Engulfing	Buy
008 16 Jan 2024	Sell Price: 241.50	Profit: Open Day1 ($ 239.66)	Abandoned Baby	Sell
009 18 Dec 2023	Sell Price: 239.14	Profit: Close Day1 ($ 238.16)	Abandoned Baby	Sell
010 01 Sep 2023	Sell Price: 220.02	Profit: Open Day1 ($ 218.09)	Engulfing	Sell
011 29 Jun 2023	Sell Price: 206.18	Profit: Close Day1 ($ 204.61)	Dark Cloud Cover	Sell
012One Year Average	Both Sides Result for 11 Signals	Profit: $ 30.53 ($ 2.78 / Signal) +12.4% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ADSK Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	210.33	SELL	2	210.59	SELL
3	211.17	SELL	3	211.37	SELL
5	213.64	SELL	5	212.69	SELL
8	214.69	SELL	8	214.61	SELL
13	215.77	SELL	13	218.43	SELL
21	225.48	SELL	21	224.50	SELL
34	237.97	SELL	34	231.56	SELL
55	245.27	SELL	55	236.84	SELL
90	246.07	SELL	90	237.84	SELL
200	227.30	SELL	200	230.62	SELL

Company Info +

Name & IPO

Autodesk Inc
IPO: 1985-05-01

Stock Ticker & Exchange

Ticker: ADSKIndices: S&P 500, Nasdaq 100,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: https://www.autodesk.com/
Phone:

Stock Type

Common Stock

SIC Office

Technology ()

Industry

Services-prepackaged Software

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.