Autodesk confirms the signal: up 6.4% this week
Autodesk stock: confirmation week closes +6.4%, coiled under its 7-day high
Autodesk confirms the signal: up 6.4% this week
Our view last week
Autodesk stock jumps 11.7% this week, with three rising daily lows pushing price from the 198 to 202 area. A new buy signal has just kicked in - 10th among the 16 fresh US Long stocks, signal strength 66 out of 100 - while buyers dominate daily trading with 87.7% of volume. One flag in this week's technical analysis: buyer dominance is starting to fade.
This week's summary
Autodesk stock closes its confirmation week up 6.4%, with price coiling right under its 7-day high, in the 253 area: a close above that level opens room for a fresh leg higher. The weekly structure stays solidly bullish - 0 warning flags across 11 components we track - even as the ADX starts to lose some edge. The buy signal, which fired last week, is holding: technical analysis of a tech stock with high strength and volatility to manage with discipline.
IQS Phase
60
ordinary
Signal Strength
70
high · wide & volatile
Sizing
FULL
Ranking
#28 / 132
US stocks in progress
Trade P&L %
+6.35%
from signal to date, no stop loss
Rank position
ranks 28th among the 132 Longs already running for US stocks in our ranking, with a signal strength of 70 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein positive regime
Performanceweekly +7.20% · monthly +3.62%
ADSK belongs to the growth tech sector (reference ETF XLK). The sector is classified in positive regime according to our weekly reading.
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