| ANSS latest price $309.6500 (1.15%) ($299.8550 - $311.4700) on Thu. Jul. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 55 |
Latest Price | $309.6500(1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.6% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.4% a week on average for past two weeks. |
Market Behavior | Value stocks 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(73%) IWF(72%) VUG(72%) QQQ(71%) XLK(70%) |
Factors Impacting ANSS price | ANSS will decline at least -0.93% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-14%) TBT(-13%) XLC(-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 | -0.93% (StdDev 1.86%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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