| ANSS latest price $249.1600 (-2.67%) ($246.8000 - $249.1600) on Mon. Dec. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 47 |
Latest Price | $249.1600(-2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.6% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.7% 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) XOP(22%) VYM(21%) XHB(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(-5%) SIL(-3%) GDXJ(-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 | -1.32% (StdDev 2.64%) |
Hourly BBV | -2.1 () |
Intraday Trend | 0% |
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