| ANSS latest price $302.6500 (0.42%) ($299.9600 - $302.6500) on Wed. Mar. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 66 |
Latest Price | $302.6500(0.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 6.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) BOTZ(69%) ARKK(54%) ARKG(51%) BLOK(44%) VUG(41%) |
Factors Impacting ANSS price | ANSS will decline at least -1.135% in a week (0% probabilities). VIXM(-19%) VXX(-17%) SHY(-11%) TIP(-10%) VCSH(-7%) |
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 | -1.135% (StdDev 2.27%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
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