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Bullish Moving Average Cross by Autodesk Inc (ADSK)

By James Quinn

Autodesk Inc (NASDAQ:ADSK) crossed over its 10-day moving average of $172.29 on a volume of 177K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Autodesk Inc share prices have moved between a 52-week high of $178.95 and a 52-week low of $117.72 and are now trading 47% above that low price at $172.88 per share. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Autodesk Inc and will alert subscribers who have ADSK in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses autodesk inc

Ticker(s): ADSK