| ANSS latest price $376.4000 (1.52%) ($376.4000 - $376.4000) on Thu. Feb. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 53 |
Latest Price | $376.4000(1.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.8% a day on average for past five trading days. |
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(69%) XLK(69%) |
Factors Impacting ANSS price | ANSS will decline at least -0.925% in a week (0% probabilities). VIXM(-46%) UUP(-27%) TBT(-14%) VXX(-13%) IGOV(1%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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