| ANSS latest price $336.6000 (1.24%) ($332.2600 - $336.7200) on Fri. Aug. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 75 |
Latest Price | $336.6000(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.3% 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(72%) IWF(72%) VUG(72%) QQQ(71%) XLK(70%) |
Factors Impacting ANSS price | ANSS will decline at least -0.83% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-14%) TBT(-14%) EDOC(-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 | -0.83% (StdDev 1.66%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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