| ANSS latest price $150.6400 (1.75%) ($148.2600 - $151.9200) on Wed. Jan. 9, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 49 |
Latest Price | $150.6400(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(78%) IWF(78%) VUG(78%) XLK(77%) QQQ(76%) |
Factors Impacting ANSS price | ANSS will decline at least -1.335% in a week (0% probabilities). UUP(-20%) VXX(-18%) DIA(-12%) XHB(-10%) VIXM(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.335% (StdDev 2.67%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|