| ANSS latest price $323.9100 (0.63%) ($321.5800 - $326.1950) on Mon. Oct. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 47 |
Latest Price | $323.9100(0.63%) |
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 2.1% 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(72%) IWF(71%) VUG(71%) QQQ(70%) XLK(69%) |
Factors Impacting ANSS price | ANSS will decline at least -1% in a week (0% probabilities). VIXM(-45%) UUP(-26%) VXX(-14%) TBT(-14%) EDOC(-6%) |
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% (StdDev 2%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
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