| ANSS latest price $179.3200 (-1.42%) ($178.3800 - $182.4000) on Fri. Jun. 22, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 78 |
Latest Price | $179.3200(-1.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(78%) IWF(78%) VUG(78%) QQQ(77%) XLK(77%) |
Factors Impacting ANSS price | ANSS will decline at least -0.67% in a week (0% probabilities). VXX(-19%) UUP(-17%) VIXM(-12%) TLT(-9%) XHB(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.67% (StdDev 1.34%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
| |
|
|