| ANSS latest price $322.9800 (-0.19%) ($322.9800 - $322.9800) on Mon. Apr. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 37 |
Latest Price | $322.9800(-0.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.2% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.2% 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(71%) ARKK(51%) ARKG(48%) BLOK(42%) ACES(34%) |
Factors Impacting ANSS price | ANSS will decline at least -0.975% in a week (0% probabilities). VXX(-23%) SHY(-21%) VIXM(-15%) TIP(-14%) VCSH(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.975% (StdDev 1.95%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
| |
|
|