| ANSS latest price $323.9950 (-1.58%) ($323.9950 - $328.7200) on Wed. May. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 75 |
Latest Price | $323.9950(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.6% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.2% 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) BOTZ(72%) ARKK(56%) ARKG(49%) BLOK(47%) BND(37%) |
Factors Impacting ANSS price | ANSS will decline at least -0.715% in a week (0% probabilities). XOP(-18%) XLE(-16%) VXX(-15%) SHY(-14%) USO(-13%) |
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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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