| ANSS latest price $286.5450 (1.38%) ($280.4400 - $289.2300) on Mon. Jun. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 63 |
Latest Price | $286.5450(1.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(73%) VUG(73%) IWF(72%) QQQ(71%) XLK(71%) |
Factors Impacting ANSS price | ANSS will decline at least -2.3% in a week (0% probabilities). VIXM(-45%) UUP(-27%) VXX(-15%) TBT(-12%) XLC(0%) |
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 | -2.3% (StdDev 4.6%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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