| ANSS latest price $240.2100 (-4.26%) ($239.9600 - $251.9100) on Tue. Jun. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.98% (three month average) |
RSI | 38 |
Latest Price | $240.2100(-4.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(56%) VUG(53%) IWF(52%) VT(52%) BOTZ(51%) |
Factors Impacting ANSS price | ANSS will decline at least -1.49% in a week (0% probabilities). UUP(-30%) VIXM(-25%) TBT(-21%) VXX(-1%) 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 | -1.49% (StdDev 2.98%) |
Hourly BBV | -2.2 () |
Intraday Trend | 0% |
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