Autodesk, the buy signal holds in its third week
Autodesk stock rises 0.9% as the stop moves to breakeven
Our view last week
Autodesk stock closes the second week of its buy signal up 1%. The daily structure keeps building higher lows - five of them over the recent sessions, running from 202 up to 243 - a clean pattern behind the bounce. Above, a precise trigger is still in play: a break above the 7-day high, in the 261 area, would open room for a fresh leg higher. Technical analysis of a tech stock with medium strength and volatility to manage with discipline.
This week's summary
Autodesk stock closes the third week of its buy signal up 0.9%, and the confirmation week closes bullish. The stop has been moved to breakeven above entry, zeroing out the trade's risk. Above, the trigger is still in play: a break above the 7-day high, in the 261 area, would open room for a fresh leg higher. Beneath the surface, though, volume is contracting and buyer dominance is fading — the push loses steam right as the price holds up.
IQS Phase
68
in tension
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#55 / 167
US stocks in progress
Trade P&L %
+8.38%
from signal to date, no stop loss
Rank position
ranks 55th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 66 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -3.53% · monthly +1.69%
ADSK belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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