| ANSS latest price $193.2900 (2.16%) ($189.8900 - $200.4000) on Fri. Jun. 7, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.39% (three month average) |
RSI | 54 |
Latest Price | $193.2900(2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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 -0.695% in a week (0% probabilities). VXX(-23%) IFRA(-10%) UUP(-8%) TLT(-7%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.695% (StdDev 1.39%) |
Hourly BBV | 0 () |
Intraday Trend | -3.5% |
| |
|
|