| ANSS latest price $265.7600 (4.58%) ($265.7600 - $267.7500) on Wed. Jul. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 58 |
Latest Price | $265.7600(4.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.5% 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(53%) BOTZ(50%) VT(50%) VUG(50%) IWF(49%) |
Factors Impacting ANSS price | ANSS will decline at least -1.485% in a week (0% probabilities). UUP(-31%) VIXM(-24%) TBT(-24%) EDOC(-5%) VXX(-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 | -1.485% (StdDev 2.97%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
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