| ANSS latest price $269.2600 (0.12%) ($259.0400 - $269.4000) on Wed. May. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 50 |
Latest Price | $269.2600(0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.3% 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(73%) IWF(73%) VUG(73%) QQQ(72%) XLK(71%) |
Factors Impacting ANSS price | ANSS will decline at least -2.33% in a week (0% probabilities). VIXM(-45%) 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 | -2.33% (StdDev 4.66%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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