| ANSS latest price $178.7900 (-0.52%) ($178.2800 - $180.7200) on Mon. Jul. 16, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 53 |
Latest Price | $178.7900(-0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(78%) IWF(78%) VUG(78%) QQQ(77%) XLK(77%) |
Factors Impacting ANSS price | ANSS will decline at least -0.59% in a week (0% probabilities). VXX(-19%) UUP(-18%) VIXM(-12%) TLT(-9%) XHB(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.59% (StdDev 1.18%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
| |
|
|