| ANSS latest price $315.6900 (2.12%) ($315.6900 - $316.5200) on Thu. Mar. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 53 |
Latest Price | $315.6900(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) BOTZ(71%) ARKK(52%) ARKG(49%) BLOK(43%) VUG(38%) |
Factors Impacting ANSS price | ANSS will decline at least -1.08% in a week (0% probabilities). VXX(-24%) SHY(-22%) VIXM(-16%) TIP(-16%) 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 | -1.08% (StdDev 2.16%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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