| ANSS latest price $396.4700 (2.51%) ($390.0000 - $396.6400) on Thu. Feb. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 59 |
Latest Price | $396.4700(2.51%) |
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 3.2% 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 -0.87% in a week (0% probabilities). VIXM(-45%) UUP(-27%) TBT(-14%) VXX(-12%) 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 | -0.87% (StdDev 1.74%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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