| ANSS latest price $209.5500 (1.37%) ($207.5500 - $210.2900) on Wed. Jul. 10, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 58 |
Latest Price | $209.5500(1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -0.71% 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 | -0.71% (StdDev 1.42%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
| |
|
|