| ANSS latest price $122.8600 (0.51%) ($121.9200 - $123.1700) on Tue. Jul. 11, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 59 |
Latest Price | $122.8600(0.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.4% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -0.635% in a week (0% probabilities). UUP(-16%) VIXM(-15%) TLT(-10%) XHB(-4%) IPO(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.635% (StdDev 1.27%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
| |
|
|