| ANSS latest price $362.7300 (0.06%) ($362.7300 - $362.7300) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 77 |
Latest Price | $362.7300(0.06%) |
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 2.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value 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 -0.97% 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 | -0.97% (StdDev 1.94%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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