| ANSS latest price $322.6800 (2.09%) ($322.6800 - $322.6800) on Mon. Apr. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 65 |
Latest Price | $322.6800(2.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(66%) VUG(65%) IWF(64%) QQQ(63%) VT(63%) |
Factors Impacting ANSS price | ANSS will decline at least -1.315% in a week (0% probabilities). VIXM(-39%) UUP(-30%) TBT(-20%) EDOC(-6%) VXX(-4%) |
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 | -1.315% (StdDev 2.63%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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