| ANSS latest price $315.3200 (0.96%) ($311.1000 - $319.8300) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 61 |
Latest Price | $315.3200(0.96%) |
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 | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(72%) IWF(72%) VUG(72%) QQQ(71%) XLK(70%) |
Factors Impacting ANSS price | ANSS will decline at least -0.915% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.915% (StdDev 1.83%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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