| ANSS latest price $87.5400 (-0.89%) ($86.9400 - $89.5600) on Thu. Nov. 10, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 40 |
Latest Price | $87.5400(-0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -2.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(76%) IWF(76%) VUG(76%) XLK(76%) QQQ(75%) |
Factors Impacting ANSS price | ANSS will decline at least -0.625% in a week (0% probabilities). VIXM(-16%) UUP(-15%) TLT(-10%) XHB(-3%) SHY(-3%) |
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 | -0.625% (StdDev 1.25%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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