| ANSS latest price $288.0500 (0.53%) ($281.0200 - $288.1400) on Tue. Jun. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.53% (three month average) |
RSI | 72 |
Latest Price | $288.0500(0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.6% 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 -2.265% 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 | -2.265% (StdDev 4.53%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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