| ANSS latest price $237.9650 (-2.58%) ($234.5900 - $244.2300) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.64% (three month average) |
RSI | 62 |
Latest Price | $237.9650(-2.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.9% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.7% a week on average for past two weeks. |
Market Behavior | Value stock 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(74%) IWF(74%) VUG(74%) QQQ(73%) XLK(72%) |
Factors Impacting ANSS price | ANSS will decline at least -2.32% in a week (0% probabilities). VIXM(-47%) UUP(-26%) 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 | -2.32% (StdDev 4.64%) |
Hourly BBV | -1.8 () |
Intraday Trend | 0% |
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