| ANSS latest price $324.9800 (0.48%) ($324.9800 - $324.9800) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 75 |
Latest Price | $324.9800(0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.1% 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(56%) ARKG(51%) BLOK(47%) BND(37%) |
Factors Impacting ANSS price | ANSS will decline at least -0.7% in a week (0% probabilities). XOP(-18%) XLE(-15%) SHY(-15%) VXX(-13%) USO(-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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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