| ANSS latest price $312.3200 (1.22%) ($309.6800 - $319.8300) on Wed. Aug. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 63 |
Latest Price | $312.3200(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.4% 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(73%) IWF(72%) VUG(72%) QQQ(71%) XLK(70%) |
Factors Impacting ANSS price | ANSS will decline at least -0.92% in a week (0% probabilities). VIXM(-44%) UUP(-27%) VXX(-14%) TBT(-13%) XLC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.92% (StdDev 1.84%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
| |
|
|