| ANSS latest price $366.7000 (1.45%) ($359.6500 - $366.7000) on Fri. Apr. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 73 |
Latest Price | $366.7000(1.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.8% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(70%) IWF(69%) QQQ(68%) XLK(67%) |
Factors Impacting ANSS price | ANSS will decline at least -1.385% in a week (0% probabilities). VIXM(-45%) UUP(-27%) TBT(-13%) VXX(-11%) IGOV(-0%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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