| ANSS latest price $320.6600 (-2.91%) ($320.6600 - $320.6600) on Mon. Jul. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 42 |
Latest Price | $320.6600(-2.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS declines -1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) SPY(76%) IVE(73%) IVW(72%) SKYY(71%) IWF(70%) |
Factors Impacting ANSS price | ANSS will decline at least -0.75% in a week (0% probabilities). VIXM(-56%) VXX(-55%) TBT(-48%) UUP(-28%) UNG(0%) |
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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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