| ANSS latest price $275.1800 (-2.59%) ($273.1600 - $275.1800) on Fri. Feb. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 67 |
Latest Price | $275.1800(-2.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.6% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock 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%) QQQ(47%) VUG(47%) |
Factors Impacting ANSS price | ANSS will decline at least -1.205% in a week (0% probabilities). VIXM(-24%) VXX(-16%) UUP(-5%) TBT(-4%) SHY(-4%) |
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 | -1.205% (StdDev 2.41%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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