| ANSS latest price $207.9300 (-2.13%) ($204.2800 - $223.8700) on Mon. Mar. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.04% (three month average) |
RSI | 41 |
Latest Price | $207.9300(-2.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -4.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(76%) IWF(76%) VUG(76%) QQQ(74%) XLK(74%) |
Factors Impacting ANSS price | ANSS will decline at least -2.02% in a week (0% probabilities). VIXM(-48%) VXX(-18%) UUP(-18%) TLT(-1%) TBT(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.02% (StdDev 4.04%) |
Hourly BBV | -2 () |
Intraday Trend | 0% |
| |
|
|