| ANSS latest price $367.3050 (-1.82%) ($364.5100 - $367.3050) on Mon. Jan. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 57 |
Latest Price | $367.3050(-1.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -0.915% in a week (0% probabilities). VIXM(-46%) UUP(-27%) TBT(-14%) VXX(-13%) IGOV(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.915% (StdDev 1.83%) |
Hourly BBV | -2 () |
Intraday Trend | 0% |
| |
|
|