| ANSS latest price $343.9500 (-0.49%) ($342.7000 - $349.2600) on Mon. Oct. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.31% (three month average) |
RSI | 42 |
Latest Price | $343.9500(-0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.6% a day on average for past five trading days. |
Weekly Trend | ANSS declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(71%) VUG(70%) IWF(69%) QQQ(68%) SKYY(67%) |
Factors Impacting ANSS price | ANSS will decline at least -0.655% in a week (0% probabilities). VIXM(-45%) UUP(-27%) TBT(-14%) VXX(-9%) EDOC(-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 | -0.655% (StdDev 1.31%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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