Autodesk Stock Surges 31.69% in Trading Volume Ranking 249th

On July 23, 2025, Autodesk (ADSK) saw a significant increase in trading volume, with a turnover of $472 million, marking a 31.69% rise from the previous day. This surge placed ADSK at the 249th position in terms of daily trading volume. The stock price of ADSK also experienced a modest increase of 0.52%, continuing its upward trend for the second consecutive day, with a total gain of 1.97% over the past two days.

Autodesk's stock is currently trading near a key resistance level, with weak fundamentals and heavy selling volumes raising concerns among investors. Analysts suggest that a short entry between $294.81 and $307.27 could target a drop toward $250.46, indicating potential downside risks for the stock.

The company's fully valued shares and a red flag in its balance sheet have contributed to the recent decline in its share price. Bearish trading volumes and high valuations further exacerbate these concerns, leading to uncertainty about whether the current price movement is a reversal or a bearish bounce.