Autodesk, Inc. is engaged in three-dimensional (3D) design, engineering and entertainment technology solutions, spanning architecture, engineering, construction, product design, manufacturing, media and entertainment. Its product offerings are focused on four primary product families: Architecture, Engineering and Construction, AutoCAD and AutoCAD LT, Manufacturing, and Media and Entertainment. Its products include AutoCAD Civil 3D; Building Connected; Autodesk Build; Revit; Computer-Aided Manufacturing (CAM) Solutions; Fusion 360; Product Design and Manufacturing Collection; Inventor; Vault; Maya; ShotGrid and 3ds Max.
When researching a stock like Autodesk, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from ADSK Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for ADSK stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the ADSK 200 day moving average ("ADSK 200 DMA"), while one of the most popular "shorter look-backs" is the ADSK 50 day moving average ("ADSK 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Autodesk. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the ADSK 200 DMA and the ADSK 50 DMA, we get a moving average convergence divergence indicator ("ADSK MACD"). The ADSK MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis