| ANSS latest price $276.2150 (3.93%) ($276.2150 - $276.2150) on Thu. Jul. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 65 |
Latest Price | $276.2150(3.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.3% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.8% 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(52%) BOTZ(50%) VT(50%) VUG(50%) IWF(49%) |
Factors Impacting ANSS price | ANSS will decline at least -1.445% in a week (0% probabilities). UUP(-31%) TBT(-24%) VIXM(-23%) EDOC(-4%) VXX(-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 | -1.445% (StdDev 2.89%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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