| ANSS latest price $328.1600 (-0.99%) ($321.2700 - $331.0400) on Wed. Mar. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 44 |
Latest Price | $328.1600(-0.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -1.4% a week on average for past two weeks. |
Market Behavior | Value stock 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(70%) VUG(70%) QQQ(69%) XLK(68%) |
Factors Impacting ANSS price | ANSS will decline at least -1.355% in a week (0% probabilities). VIXM(-45%) UUP(-28%) TBT(-14%) VXX(-11%) IGOV(-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 | -1.355% (StdDev 2.71%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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