| ANSS latest price $255.2300 (-2.06%) ($255.2300 - $265.7800) on Wed. Jun. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 62 |
Latest Price | $255.2300(-2.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.6% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(60%) IWF(58%) VUG(58%) VT(57%) QQQ(56%) |
Factors Impacting ANSS price | ANSS will decline at least -1.385% in a week (0% probabilities). VIXM(-31%) UUP(-31%) TBT(-22%) VXX(-2%) USO(9%) |
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 | -1.3 () |
Intraday Trend | 0% |
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