| ANSS latest price $378.7900 (2.36%) ($378.7900 - $380.8000) on Wed. Jan. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 61 |
Latest Price | $378.7900(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(71%) VUG(71%) IWF(70%) QQQ(69%) XLK(69%) |
Factors Impacting ANSS price | ANSS will decline at least -0.905% in a week (0% probabilities). VIXM(-46%) UUP(-27%) TBT(-14%) VXX(-13%) IGOV(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 | -0.905% (StdDev 1.81%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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