| ANSS latest price $256.0000 (0.34%) ($252.5100 - $263.3100) on Wed. Dec. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 57 |
Latest Price | $256.0000(0.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off 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 -1.28% 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 | -1.28% (StdDev 2.56%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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