| ANSS latest price $256.0000 (-1.47%) ($256.0000 - $256.0000) on Fri. Dec. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 48 |
Latest Price | $256.0000(-1.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.8% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) XHB(22%) XOP(22%) VYM(21%) XLU(21%) XLE(20%) |
Factors Impacting ANSS price | ANSS will decline at least -1.32% in a week (0% probabilities). TBT(-15%) VIXM(-7%) UUP(-6%) SIL(-3%) SLV(-2%) |
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 | -1.32% (StdDev 2.64%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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