| ANSS latest price $282.6200 (2.14%) ($282.6200 - $283.4400) on Wed. Aug. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.84% (three month average) |
RSI | 83 |
Latest Price | $282.6200(2.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 7% 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(52%) VT(50%) VUG(50%) BOTZ(49%) XHB(49%) |
Factors Impacting ANSS price | ANSS will decline at least -1.42% in a week (0% probabilities). UUP(-31%) TBT(-24%) VIXM(-23%) VXX(-1%) EDOC(2%) |
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 | -1.42% (StdDev 2.84%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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