| ANSS latest price $333.0000 (-2.43%) ($333.0000 - $341.2900) on Thu. Feb. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 54 |
Latest Price | $333.0000(-2.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.6% 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(69%) VUG(68%) IWF(67%) QQQ(66%) SKYY(65%) |
Factors Impacting ANSS price | ANSS will decline at least -1.1% in a week (0% probabilities). VIXM(-43%) UUP(-30%) TBT(-17%) VXX(-6%) 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 | -1.1% (StdDev 2.2%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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