| ANSS latest price $161.6500 (2.25%) ($159.8700 - $162.0000) on Fri. Jan. 25, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 85 |
Latest Price | $161.6500(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) VUG(78%) IVW(77%) IWF(77%) XLK(77%) QQQ(76%) |
Factors Impacting ANSS price | ANSS will decline at least -1.215% in a week (0% probabilities). UUP(-20%) VXX(-18%) XHB(-11%) TLT(-8%) VIXM(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.215% (StdDev 2.43%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
| |
|
|