| ANSS latest price $281.4700 (-2.68%) ($281.3600 - $295.1100) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 47 |
Latest Price | $281.4700(-2.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.8% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.6% 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%) IWF(73%) VUG(73%) QQQ(72%) XLK(71%) |
Factors Impacting ANSS price | ANSS will decline at least -1.55% 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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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