| ANSS latest price $267.0200 (2.73%) ($267.0200 - $267.0200) on Thu. Jan. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 84 |
Latest Price | $267.0200(2.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.3% 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) BOTZ(69%) ARKK(52%) ARKG(49%) QQQ(49%) VUG(49%) |
Factors Impacting ANSS price | ANSS will decline at least -1.21% in a week (0% probabilities). VIXM(-25%) VXX(-15%) UUP(-5%) SHY(-5%) EDOC(-5%) |
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 | -1.21% (StdDev 2.42%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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