| ANSS latest price $262.3150 (-1.82%) ($262.3150 - $262.3150) on Mon. Jan. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 68 |
Latest Price | $262.3150(-1.82%) |
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 2.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) BOTZ(69%) ARKK(51%) ARKG(48%) XLK(48%) QQQ(47%) |
Factors Impacting ANSS price | ANSS will decline at least -1.21% in a week (0% probabilities). VIXM(-24%) VXX(-15%) UUP(-5%) SHY(-5%) TBT(-3%) |
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 | -1.21% (StdDev 2.42%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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