| ANSS latest price $256.4700 (3.29%) ($256.4700 - $256.5400) on Fri. Jan. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 60 |
Latest Price | $256.4700(3.29%) |
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 2.7% 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) BOTZ(68%) ARKK(52%) ARKG(49%) QQQ(49%) VUG(49%) |
Factors Impacting ANSS price | ANSS will decline at least -1.2% in a week (0% probabilities). VIXM(-25%) VXX(-15%) UUP(-5%) SHY(-5%) EDOC(-5%) |
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 | -1.2% (StdDev 2.4%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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