| ANSS latest price $334.9000 (3.2%) ($334.9000 - $334.9000) on Mon. Mar. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 48 |
Latest Price | $334.9000(3.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.6% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(71%) IWF(70%) VUG(70%) QQQ(68%) XLK(68%) |
Factors Impacting ANSS price | ANSS will decline at least -1.36% in a week (0% probabilities). VIXM(-45%) UUP(-27%) TBT(-13%) VXX(-11%) IGOV(-4%) |
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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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