| ANSS latest price $291.2900 (-0.04%) ($290.8600 - $291.2900) on Wed. Apr. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 31 |
Latest Price | $291.2900(-0.04%) |
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 -5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(66%) IWF(64%) VUG(64%) QQQ(62%) VT(62%) |
Factors Impacting ANSS price | ANSS will decline at least -1.325% in a week (0% probabilities). VIXM(-38%) UUP(-30%) TBT(-20%) VXX(-4%) UNG(8%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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