| ANSS latest price $153.2100 (-1.33%) ($151.9100 - $156.5500) on Mon. Nov. 5, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 41 |
Latest Price | $153.2100(-1.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.3% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(78%) IWF(78%) VUG(78%) XLK(77%) QQQ(76%) |
Factors Impacting ANSS price | ANSS will decline at least -0.845% in a week (0% probabilities). VXX(-19%) UUP(-19%) VIXM(-10%) TLT(-9%) XHB(-8%) |
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 | -0.845% (StdDev 1.69%) |
Hourly BBV | 0 () |
Intraday Trend | -2.1% |
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