• Return to Headlines

Autodesk Inc Crosses Below its 10-day MA (ADSK)

By Nick Russo

Autodesk Inc (NASDAQ:ADSK) shares have crossed bearishly below their 10-day moving average of $152.01 on a volume of 242K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower 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 28% above that low price at $151.12 per share. The 200-day and 50-day moving averages have moved 0.35% higher and 0.97% lower over the past week, respectively.

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