| ANSS latest price $350.0000 (0.66%) ($350.0000 - $350.0000) on Tue. Jul. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 71 |
Latest Price | $350.0000(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.3% 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) SPY(81%) IVE(78%) IVW(77%) BOTZ(74%) IWO(74%) |
Factors Impacting ANSS price | ANSS will decline at least -0.79% in a week (0% probabilities). VIXM(-64%) VXX(-62%) TBT(-52%) UUP(-32%) UNG(-1%) |
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 | -0.79% (StdDev 1.58%) |
Hourly BBV | 2.2 () |
Intraday Trend | 0% |
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