| ANSS latest price $320.3600 (0.95%) ($317.5400 - $322.4050) on Tue. Aug. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 62 |
Latest Price | $320.3600(0.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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 -0.87% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-14%) TBT(-14%) XLC(-3%) |
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 | -0.87% (StdDev 1.74%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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