| ANSS latest price $298.4300 (-1.58%) ($298.4100 - $298.4300) on Thu. Aug. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 43 |
Latest Price | $298.4300(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.6% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) SPY(95%) IVW(93%) IVE(89%) QQQ(86%) SKYY(86%) |
Factors Impacting ANSS price | ANSS will decline at least -0.925% in a week (0% probabilities). VIXM(-89%) VXX(-87%) TBT(-51%) UUP(-21%) IGOV(-4%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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