| ANSS latest price $308.2200 (1.66%) ($308.2200 - $308.2200) on Tue. Mar. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 75 |
Latest Price | $308.2200(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.7% 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(71%) ARKK(54%) ARKG(51%) BLOK(46%) IVW(41%) |
Factors Impacting ANSS price | ANSS will decline at least -1.13% in a week (0% probabilities). VXX(-17%) VIXM(-17%) TIP(-14%) SHY(-13%) VCSH(-10%) |
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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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