| ANSS latest price $129.4900 (1.27%) ($128.4600 - $129.5300) on Fri. Jun. 2, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.13% (three month average) |
RSI | 80 |
Latest Price | $129.4900(1.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(77%) IWF(77%) VUG(77%) XLK(76%) QQQ(75%) |
Factors Impacting ANSS price | ANSS will decline at least -0.565% in a week (0% probabilities). VIXM(-16%) UUP(-16%) TLT(-10%) XHB(-4%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.565% (StdDev 1.13%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|