| ANSS latest price $331.3400 (3.47%) ($331.3400 - $331.3400) on Mon. Jul. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 46 |
Latest Price | $331.3400(3.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) SPY(75%) IVE(72%) IVW(72%) SKYY(71%) IWF(69%) |
Factors Impacting ANSS price | ANSS will decline at least -0.775% in a week (0% probabilities). VIXM(-58%) VXX(-57%) TBT(-50%) UUP(-27%) UNG(1%) |
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 | -0.775% (StdDev 1.55%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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