| ANSS latest price $303.7400 (3.03%) ($303.7400 - $303.7400) on Tue. Feb. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 65 |
Latest Price | $303.7400(3.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 2.7% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) BOTZ(67%) ARKK(46%) ARKG(43%) BLOK(41%) XLK(41%) |
Factors Impacting ANSS price | ANSS will decline at least -1.165% in a week (0% probabilities). VIXM(-21%) VXX(-16%) SHY(-7%) TIP(-5%) VCSH(-2%) |
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 | -1.165% (StdDev 2.33%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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