| ANSS latest price $324.9300 (0.16%) ($324.9300 - $324.9300) on Mon. Feb. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 48 |
Latest Price | $324.9300(0.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.6% a day on average for past five trading days. |
Weekly Trend | ANSS declines -2.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(68%) VUG(67%) IWF(66%) QQQ(65%) SKYY(64%) |
Factors Impacting ANSS price | ANSS will decline at least -1.265% in a week (0% probabilities). VIXM(-41%) UUP(-30%) TBT(-18%) VXX(-5%) USO(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 | -1.265% (StdDev 2.53%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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