| ANSS latest price $384.7500 (-2.63%) ($384.7500 - $384.7500) on Fri. Dec. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.87% (three month average) |
RSI | 47 |
Latest Price | $384.7500(-2.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off 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%) SKYY(67%) |
Factors Impacting ANSS price | ANSS will decline at least -0.935% in a week (0% probabilities). VIXM(-46%) UUP(-29%) TBT(-13%) VXX(-9%) 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 | -0.935% (StdDev 1.87%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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