| ANSS latest price $281.5300 (2.62%) ($281.5300 - $281.5300) on Mon. Feb. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 70 |
Latest Price | $281.5300(2.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.8% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.3% 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(78%) IWF(78%) VUG(78%) XLK(77%) QQQ(76%) |
Factors Impacting ANSS price | ANSS will decline at least -0.555% in a week (0% probabilities). VIXM(-51%) VXX(-21%) UUP(-10%) TLT(-6%) IGOV(-6%) |
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 | -0.555% (StdDev 1.11%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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