| ANSS latest price $310.7700 (-2.5%) ($304.9000 - $310.7700) on Mon. Mar. 21, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 46 |
Latest Price | $310.7700(-2.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.4% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(67%) VUG(66%) IWF(65%) QQQ(64%) SKYY(63%) |
Factors Impacting ANSS price | ANSS will decline at least -1.265% in a week (0% probabilities). VIXM(-40%) UUP(-30%) TBT(-20%) VXX(-5%) USO(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.265% (StdDev 2.53%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
| |
|
|