| ANSS latest price $373.7600 (-0.39%) ($373.7600 - $373.7600) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 68 |
Latest Price | $373.7600(-0.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(70%) VUG(70%) IWF(69%) QQQ(68%) XLK(67%) |
Factors Impacting ANSS price | ANSS will decline at least -1.39% in a week (0% probabilities). VIXM(-45%) UUP(-26%) TBT(-13%) VXX(-11%) 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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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