| ANSS latest price $305.7500 (-1.1%) ($303.7600 - $310.4150) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 64 |
Latest Price | $305.7500(-1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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 -0.96% 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 | -0.96% (StdDev 1.92%) |
Hourly BBV | -1.4 () |
Intraday Trend | -1.3% |
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