| ANSS latest price $362.4950 (1.95%) ($354.0500 - $362.4950) on Tue. Dec. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 79 |
Latest Price | $362.4950(1.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.1% 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 | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(71%) VUG(71%) IWF(70%) QQQ(69%) XLK(69%) |
Factors Impacting ANSS price | ANSS will decline at least -1.005% in a week (0% probabilities). VIXM(-45%) UUP(-26%) TBT(-14%) VXX(-13%) EDOC(-3%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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