| ANSS latest price $212.4900 (3.15%) ($207.6300 - $212.5100) on Wed. Sep. 4, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 59 |
Latest Price | $212.4900(3.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.5% 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 -0.87% in a week (0% probabilities). VIXM(-51%) VXX(-22%) UUP(-9%) TLT(-6%) IGOV(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.87% (StdDev 1.74%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|