ANSS Forecast and Technical Stock Analysis
Buy candidate since 2019-08-16 Gain 1.63%
ANSYS gained 1.63% in the last trading day ( Monday, 19th Aug 2019 ), rising from $209.57 to $212.99 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.46% from a day low at $210.76 to a day high of $213.84. The price has risen in 6 of the last 10 days and is up by 12.01% over the past 2 weeks. Volume fell in the last day by -42 947 shares and in total, 389 631 shares bought and sold for approximately $82.99 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the ANSS stock price was $215.39 and low was $186.81.
- 90 day high was $215.39 and low was $174.25.
- 52 week high for ANSYS - $215.39 and low - $136.80.
ANSYS lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 14.24% during the next 3 months and, with 90% probability hold a price between $222.29 and $255.66 at the end of this period.
Only positive signals in the chart today. ANSYS holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $208.64 and $207.82. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday August 15, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 54 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $201.89 and $198.34.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, ANSYS finds support just below today's level at $201.89. If this is broken, then the next support from accumulated volume will be at $198.34 and $190.15.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $3.08 (1.46%) between high and low. For the last week, the stock has had daily average volatility of 2.45%.
Our recommended stop-loss: $203.97 (-4.24%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)
2.45 %Average volatility
Very Low Low Medium High Very High
|ANSS $212.99 ($3.42 1.63%)|
ANSS is up $3.42 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!