| ANSS latest price $242.6200 (1.96%) ($234.2100 - $243.5900) on Mon. Apr. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.68% (three month average) |
RSI | 65 |
Latest Price | $242.6200(1.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 2.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 5.4% a week on average for past two weeks. |
Market Behavior | Value stocks 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(74%) IWF(74%) VUG(74%) QQQ(73%) XLK(72%) |
Factors Impacting ANSS price | ANSS will decline at least -2.34% in a week (0% probabilities). VIXM(-46%) 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 | -2.34% (StdDev 4.68%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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