| ANSS latest price $266.7250 (1.15%) ($258.6100 - $268.4400) on Mon. Apr. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.69% (three month average) |
RSI | 65 |
Latest Price | $266.7250(1.15%) |
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 8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(73%) IWF(73%) VUG(73%) QQQ(72%) XLK(71%) |
Factors Impacting ANSS price | ANSS will decline at least -2.345% in a week (0% probabilities). VIXM(-45%) UUP(-26%) VXX(-16%) TBT(-9%) IGOV(2%) |
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 | -2.345% (StdDev 4.69%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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