| ANSS latest price $313.1200 (0.61%) ($313.1200 - $313.9800) on Mon. Mar. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 57 |
Latest Price | $313.1200(0.61%) |
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 0.9% 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(70%) ARKK(53%) ARKG(50%) BLOK(45%) VUG(39%) |
Factors Impacting ANSS price | ANSS will decline at least -1.085% in a week (0% probabilities). VXX(-22%) VIXM(-15%) TIP(-14%) SHY(-12%) VCSH(-11%) |
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 | -1.085% (StdDev 2.17%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0% |
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