Autodesk · 8 weeks into the decline
Autodesk: decline losing momentum, but week closes bullish — model suggests exit
Autodesk · 8 weeks into the decline
In Summary
Autodesk is in the 8th week of a sell signal, with trading not recommended. The week closed nearly flat (−0.6%), but sellers dominated volume at 92%. The confirmation week, however, closed bullish: the model suggests exiting the short position. The strong double bottom pattern in the 221 area on the daily chart adds a technical signal that should not be dismissed.
Ongoing decline
·8th week from start
·US stocks
·T2
IQS Phase
72
in tension
Signal Strength
11
indecisive week
Sizing
MINIMUM
Ranking
#35 / 96
US stocks
Trade P&L %
-5.27%
from signal to today
restricted Platinum content