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Bullish Moving Average Cross by Autodesk Inc (ADSK)

By Nick Russo

Autodesk Inc (NASDAQ:ADSK) crossed over its 10-day moving average of $151.42 on a volume of 196K shares. Swing traders may find an opportunity 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 $159.94 and a 52-week low of $101.55 and are now trading 50% above that low price at $152.69 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.9%.

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