| ANSS latest price $221.5700 (-0.47%) ($211.1200 - $229.0160) on Thu. Mar. 19, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 47 |
Latest Price | $221.5700(-0.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.6% a day on average for past five trading days. |
Weekly Trend | ANSS declines -5.5% a week on average for past two weeks. |
Market Behavior | Normal 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(76%) QQQ(75%) |
Factors Impacting ANSS price | ANSS will decline at least -2.005% in a week (0% probabilities). VIXM(-49%) VXX(-19%) UUP(-12%) TLT(-3%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.005% (StdDev 4.01%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
| |
|
|