| ANSS latest price $255.1200 (4.21%) ($255.1200 - $255.1200) on Tue. Dec. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 59 |
Latest Price | $255.1200(4.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.9% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) XOP(22%) XLE(20%) XRT(20%) UNG(19%) XHB(19%) |
Factors Impacting ANSS price | ANSS will decline at least -1.285% in a week (0% probabilities). TBT(-14%) SIL(-8%) SLV(-7%) GDXJ(-7%) GDX(-7%) |
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 | -1.285% (StdDev 2.57%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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