| ANSS latest price $376.4600 (-0.8%) ($375.3700 - $376.4600) on Mon. Nov. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 83 |
Latest Price | $376.4600(-0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(70%) VUG(70%) IWF(69%) QQQ(68%) XLK(67%) |
Factors Impacting ANSS price | ANSS will decline at least -0.66% in a week (0% probabilities). VIXM(-45%) UUP(-28%) TBT(-14%) VXX(-9%) 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 | -0.66% (StdDev 1.32%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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