| ANSS latest price $319.6600 (0.36%) ($317.3600 - $321.8700) on Tue. Sep. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 49 |
Latest Price | $319.6600(0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS declines -1.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(72%) VUG(72%) IWF(71%) QQQ(70%) XLK(70%) |
Factors Impacting ANSS price | ANSS will decline at least -0.98% in a week (0% probabilities). VIXM(-45%) UUP(-26%) VXX(-14%) TBT(-14%) EDOC(-5%) |
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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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