| ANSS latest price $259.8200 (2.58%) ($259.8200 - $260.0400) on Thu. Dec. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 58 |
Latest Price | $259.8200(2.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) XHB(22%) XOP(22%) VYM(21%) XLU(21%) XRT(21%) |
Factors Impacting ANSS price | ANSS will decline at least -1.315% in a week (0% probabilities). TBT(-16%) VIXM(-8%) UUP(-6%) SLV(-2%) SIL(-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 | -1.315% (StdDev 2.63%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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