| ANSS latest price $300.6900 (1.77%) ($289.0800 - $301.2700) on Tue. Jul. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 60 |
Latest Price | $300.6900(1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.6% a week on average for past two weeks. |
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%) VUG(73%) IWF(72%) QQQ(71%) XLK(71%) |
Factors Impacting ANSS price | ANSS will decline at least -0.995% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-14%) TBT(-13%) XLC(-2%) |
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 | -0.995% (StdDev 1.99%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
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