| ANSS latest price $257.2000 (-2.04%) ($254.4200 - $266.9600) on Tue. Apr. 28, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.74% (three month average) |
RSI | 64 |
Latest Price | $257.2000(-2.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally 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 -2.37% in a week (0% probabilities). VIXM(-45%) UUP(-26%) VXX(-16%) TBT(-9%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.37% (StdDev 4.74%) |
Hourly BBV | -1 () |
Intraday Trend | 0% |
| |
|
|