| ANSS latest price $208.1100 (1.61%) ($206.5800 - $211.6300) on Mon. Jul. 1, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 71 |
Latest Price | $208.1100(1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% 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 | Broad based 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(77%) QQQ(76%) |
Factors Impacting ANSS price | ANSS will decline at least -0.7% in a week (0% probabilities). VIXM(-52%) VXX(-22%) IFRA(-10%) UUP(-8%) TLT(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.7% (StdDev 1.4%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|