| ANSS latest price $256.8500 (3.82%) ($256.8500 - $256.8500) on Wed. Jul. 20, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.98% (three month average) |
RSI | 61 |
Latest Price | $256.8500(3.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.9% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.2% a week on average for past two weeks. |
Market Behavior | Growth 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(53%) VT(51%) VUG(51%) BOTZ(50%) IWF(50%) |
Factors Impacting ANSS price | ANSS will decline at least -1.49% in a week (0% probabilities). UUP(-31%) VIXM(-24%) TBT(-23%) VXX(-1%) USO(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.49% (StdDev 2.98%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
| |
|
|