| ANSS latest price $325.2700 (-3.93%) ($324.0700 - $325.2700) on Thu. Feb. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 37 |
Latest Price | $325.2700(-3.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(70%) VUG(69%) IWF(68%) QQQ(67%) XLK(66%) |
Factors Impacting ANSS price | ANSS will decline at least -1.17% in a week (0% probabilities). VIXM(-44%) UUP(-31%) TBT(-16%) VXX(-7%) USO(-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 | -1.17% (StdDev 2.34%) |
Hourly BBV | -1.8 () |
Intraday Trend | 0% |
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