| ANSS latest price $309.1600 (2.62%) ($299.8800 - $309.5700) on Mon. Jul. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 74 |
Latest Price | $309.1600(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.9% 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 | Rotation from value to growth for large cap. Value stock sell-off 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 -1.01% 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 | -1.01% (StdDev 2.02%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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