| ANSS latest price $272.3200 (3.64%) ($265.0300 - $274.6100) on Wed. May. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 57 |
Latest Price | $272.3200(3.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.6% a day on average for past five trading days. |
Market Behavior | Broad based 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(73%) IWF(73%) VUG(73%) QQQ(72%) XLK(71%) |
Factors Impacting ANSS price | ANSS will decline at least -2.415% in a week (0% probabilities). VIXM(-46%) UUP(-27%) VXX(-15%) TBT(-11%) XLC(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 | -2.415% (StdDev 4.83%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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