| ANSS latest price $284.0200 (-1.73%) ($284.0200 - $284.0200) on Wed. Feb. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.16% (three month average) |
RSI | 69 |
Latest Price | $284.0200(-1.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.2% 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 -0.58% 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 | -0.58% (StdDev 1.16%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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