| ANSS latest price $263.9600 (4.42%) ($263.9600 - $263.9600) on Fri. May. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 58 |
Latest Price | $263.9600(4.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.4% 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(61%) VUG(59%) IWF(58%) VT(58%) BOTZ(56%) |
Factors Impacting ANSS price | ANSS will decline at least -1.385% in a week (0% probabilities). VIXM(-32%) UUP(-31%) TBT(-21%) VXX(-2%) USO(10%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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