| ANSS latest price $318.7800 (0.03%) ($318.7800 - $318.7800) on Fri. Sep. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 62 |
Latest Price | $318.7800(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.9% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.4% 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) FIVG(94%) VFMO(92%) BOTZ(87%) SKYY(87%) HYG(86%) |
Factors Impacting ANSS price | ANSS will decline at least -0.86% in a week (0% probabilities). VXX(-95%) TBT(-59%) UUP(-24%) UNG(1%) USO(9%) |
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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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