| ANSS latest price $324.4000 (2.19%) ($308.3900 - $324.4000) on Fri. Feb. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 49 |
Latest Price | $324.4000(2.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.9% a day on average for past five trading days. |
Weekly Trend | ANSS declines -3.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(68%) VUG(67%) IWF(66%) QQQ(65%) SKYY(64%) |
Factors Impacting ANSS price | ANSS will decline at least -1.27% in a week (0% probabilities). VIXM(-41%) UUP(-30%) TBT(-18%) VXX(-5%) USO(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 | -1.27% (StdDev 2.54%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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