| ANSS latest price $308.3300 (3.05%) ($308.3300 - $309.2000) on Thu. Mar. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 71 |
Latest Price | $308.3300(3.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.9% a day on average for past five trading days. |
Weekly Trend | ANSS advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -1.145% 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 | -1.145% (StdDev 2.29%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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