| ANSS latest price $360.9300 (0.61%) ($355.4300 - $360.9300) on Mon. Oct. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 62 |
Latest Price | $360.9300(0.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal 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%) XLK(67%) |
Factors Impacting ANSS price | ANSS will decline at least -0.685% in a week (0% probabilities). VIXM(-45%) UUP(-28%) TBT(-14%) VXX(-9%) 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 | -0.685% (StdDev 1.37%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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