| ANSS latest price $232.0100 (-1.13%) ($229.1110 - $237.5700) on Tue. Mar. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 55 |
Latest Price | $232.0100(-1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.3% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(74%) IWF(74%) VUG(74%) QQQ(73%) XLK(73%) |
Factors Impacting ANSS price | ANSS will decline at least -2.14% in a week (0% probabilities). VIXM(-46%) UUP(-26%) VXX(-17%) TBT(-7%) IGOV(2%) |
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 | -2.14% (StdDev 4.28%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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