| ANSS latest price $304.8550 (2.15%) ($304.8550 - $304.8550) on Fri. Aug. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 47 |
Latest Price | $304.8550(2.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.8% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) DIA(91%) IVE(91%) QQQ(89%) SKYY(85%) VFMO(85%) |
Factors Impacting ANSS price | ANSS will decline at least -0.92% in a week (0% probabilities). VIXM(-92%) VXX(-89%) TBT(-50%) UUP(-22%) IGOV(-8%) |
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 | -0.92% (StdDev 1.84%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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