| ANSS latest price $195.0800 (0.93%) ($192.0000 - $197.1800) on Mon. Jun. 10, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.39% (three month average) |
RSI | 61 |
Latest Price | $195.0800(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 2.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.8% 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) 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%) SHY(2%) |
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 | 0.2% |
| |
|
|