| ANSS latest price $239.7800 (-1.16%) ($234.4400 - $252.0000) on Tue. Apr. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.62% (three month average) |
RSI | 57 |
Latest Price | $239.7800(-1.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(74%) IWF(74%) VUG(74%) QQQ(73%) XLK(73%) |
Factors Impacting ANSS price | ANSS will decline at least -2.31% in a week (0% probabilities). VIXM(-47%) UUP(-25%) VXX(-16%) TBT(-8%) IGOV(1%) |
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 | -2.31% (StdDev 4.62%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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