| ANSS latest price $375.2350 (2.27%) ($375.2350 - $375.3600) on Thu. Apr. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 75 |
Latest Price | $375.2350(2.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.8% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(70%) VUG(70%) IWF(69%) QQQ(68%) XLK(67%) |
Factors Impacting ANSS price | ANSS will decline at least -1.4% in a week (0% probabilities). VIXM(-45%) UUP(-26%) TBT(-13%) VXX(-11%) IGOV(-1%) |
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 | -1.4% (StdDev 2.8%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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