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Autodesk Inc Bearish Moving Average Crossover Alert (ADSK)

By Shiri Gupta

Today, shares of Autodesk Inc (NASDAQ:ADSK) have crossed bearishly below their 10-day moving average of $171.68 on a volume of 250K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Autodesk Inc have traded between a low of $117.72 and a high of $178.95 and are now at $169.74, which is 44% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.0%.

SmarTrend is monitoring the recent change of momentum in Autodesk Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Autodesk Inc in search of a potential trend change.

Keywords: moving crosses autodesk inc

Ticker(s): ADSK