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18.3% Return Seen to Date on SmarTrend Autodesk Call (ADSK)
[May 28, 2012]

18.3% Return Seen to Date on SmarTrend Autodesk Call (ADSK)


May 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Autodesk (NASDAQ:ADSK) on April 23rd, 2012 at $39.33. In approximately 1 month, Autodesk has returned 18.33% as of today's recent price of $32.12.

Over the past year, Autodesk has traded in a range of $22.99 to $43.00 and is now at $32.12, 40% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 1.6%.

Autodesk, Inc. supplies PC software and multimedia tools. The Company's two-dimensional and three-dimensional products are used across industries and in the home for architectural design, mechanical design, geographic information systems and mapping, and visualization applications. Autodesk's software products are sold worldwide through a network of dealers and distributors.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Autodesk.

Log in and add Autodesk (ADSK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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