| ANSS latest price $243.5600 (0%) ($235.3000 - $244.2800) on Thu. Dec. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 43 |
Latest Price | $243.5600(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) ARKG(10%) CEMB(8%) PEJ(8%) ARKK(7%) BLOK(7%) |
Factors Impacting ANSS price | ANSS will decline at least -1.28% in a week (0% probabilities). SIL(-15%) GDXJ(-15%) GDX(-14%) SLV(-13%) IBB(-11%) |
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 | 2.1 () |
Intraday Trend | 3.1% |
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