| ANSS latest price $274.1650 (2.88%) ($274.1650 - $274.1650) on Wed. Feb. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 71 |
Latest Price | $274.1650(2.88%) |
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 3% 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(69%) ARKK(51%) ARKG(48%) XLK(48%) QQQ(47%) |
Factors Impacting ANSS price | ANSS will decline at least -1.22% 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 | -1.22% (StdDev 2.44%) |
Hourly BBV | 3.3 () |
Intraday Trend | 0% |
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