| ANSS latest price $153.6000 (-0.74%) ($151.6300 - $154.0700) on Mon. Jan. 14, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 68 |
Latest Price | $153.6000(-0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.8% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(77%) IWF(77%) VUG(77%) XLK(77%) QQQ(76%) |
Factors Impacting ANSS price | ANSS will decline at least -1.26% in a week (0% probabilities). UUP(-20%) VXX(-18%) DIA(-13%) XHB(-11%) VIXM(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.26% (StdDev 2.52%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
| |
|
|