| ANSS latest price $266.2200 (4.31%) ($266.2200 - $266.5700) on Thu. Jun. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 65 |
Latest Price | $266.2200(4.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(60%) IWF(58%) VUG(58%) VT(57%) QQQ(56%) |
Factors Impacting ANSS price | ANSS will decline at least -1.41% in a week (0% probabilities). VIXM(-31%) UUP(-31%) TBT(-22%) VXX(-2%) USO(9%) |
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 | -1.41% (StdDev 2.82%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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