| ANSS latest price $106.0600 (-2.12%) ($105.9700 - $108.4000) on Thu. Mar. 2, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.9% (three month average) |
RSI | 82 |
Latest Price | $106.0600(-2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.5% 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) IWF(77%) IVW(76%) VUG(76%) XLK(76%) QQQ(75%) |
Factors Impacting ANSS price | ANSS will decline at least -0.45% in a week (0% probabilities). VIXM(-16%) UUP(-16%) 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 | -0.45% (StdDev 0.9%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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