| ANSS latest price $214.2200 (-1.17%) ($213.0750 - $214.2200) on Wed. Oct. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 41 |
Latest Price | $214.2200(-1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) XHB(39%) IVW(38%) VT(38%) BOTZ(37%) SKYY(36%) |
Factors Impacting ANSS price | ANSS will decline at least -1.16% in a week (0% probabilities). UUP(-23%) TBT(-21%) VIXM(-12%) EDOC(-2%) 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 | -1.16% (StdDev 2.32%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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