| ANSS latest price $328.3300 (-0.42%) ($324.4300 - $339.9000) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 36 |
Latest Price | $328.3300(-0.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -2.3% 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(71%) IWF(71%) VUG(71%) QQQ(70%) XLK(69%) |
Factors Impacting ANSS price | ANSS will decline at least -1.105% in a week (0% probabilities). VIXM(-45%) UUP(-27%) VXX(-14%) TBT(-14%) EDOC(-7%) |
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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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