ADSK

AutodeskTechnology

$193.82+0.39%

Falling Wedge Broadening Formation Double Bottom

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$193.82

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Falling Wedge Detected

Will the Falling Wedge hold or fail? Plot your targets on the chart.

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Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$255.14

Stop

$223.00

Target

$319.42

Chart Pattern

Falling Wedge

Reversal pattern. Price likely to break upwards.

Broadening Formation

Expanding volatility. Sign of instability.

Double Bottom

Reversal pattern after a downtrend.

Market Analysis

Technical analysis of Autodesk (ADSK) reveals a significant setup. The stock is trading at $193.82, up 0.39% on the day. Our AI has detected a valid Double Bottom pattern. The trend indicator is reading 43.3/100, suggesting moderate momentum. A potential breakout level is identified at $255.14, targeting $319.42 with support near $223.0 (R:R 2.0).

Community Sentiment

What is your outlook on ADSK?

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