| ANSS latest price $332.7400 (2.22%) ($326.9250 - $332.7400) on Fri. Mar. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 80 |
Latest Price | $332.7400(2.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.2% 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(72%) ARKK(52%) ARKG(49%) BLOK(43%) ACES(36%) |
Factors Impacting ANSS price | ANSS will decline at least -1.085% in a week (0% probabilities). VXX(-22%) SHY(-19%) TIP(-14%) VIXM(-13%) VCSH(-10%) |
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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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