| ANSS latest price $218.0300 (-0.72%) ($218.0300 - $223.5650) on Wed. Oct. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 38 |
Latest Price | $218.0300(-0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) XHB(40%) IVW(37%) VT(37%) BOTZ(36%) XLRE(36%) |
Factors Impacting ANSS price | ANSS will decline at least -1.14% in a week (0% probabilities). UUP(-23%) TBT(-20%) VIXM(-11%) 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 | -1.14% (StdDev 2.28%) |
Hourly BBV | -0.1 () |
Intraday Trend | 0% |
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