| ANSS latest price $248.1600 (-4.18%) ($248.1600 - $248.1600) on Thu. Mar. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 32 |
Latest Price | $248.1600(-4.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS declines -7.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(78%) IWF(77%) VUG(77%) XLK(77%) QQQ(76%) |
Factors Impacting ANSS price | ANSS will decline at least -1.095% in a week (0% probabilities). VIXM(-50%) VXX(-21%) UUP(-10%) TLT(-6%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.095% (StdDev 2.19%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
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