ANSYS INC (ANSS)
US03662Q1058 - Common Stock
We assign a technical rating of 8 out of 10 to ANSS. Although ANSS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
ANSS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ANSS is lagging the market slightly.
In the last month ANSS has a been trading in the 315.47 - 357.29 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ANSS outperforms 63% of them, which is more or less in line with the market.
ANSS is an average performer in the Software industry, it outperforms 48% of 279 stocks in the same industry.
ANSS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 341.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ANSS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
299.19
353.34
We found 4 important support areas.
- A support zone ranging from 334.99 to 341.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 325.00 to 329.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 313.39 to 314.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 302.21 to 305.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @349.84 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.34
Mansfield-0.56
10 Day High353.91
10 Day Low331.5
20 Day High357.29
20 Day Low315.47
52 Week High364.31
52 Week Low275.81
Performance
1 Week2.54%
2 Weeks-1.87%
1 Month8.58%
3 Month7.88%
6 Month5.38%
12 Month17.13%
2 Year37.22%
3 Year-10.87%
5 Year37.01%
10 Year317.79%
15 Year796.1%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.46
RSI(14)61.9
LBB322.62
UBB356.62
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 349.85 | 334.98 | 14.87 (4.25%) | 23.53% |
| An entry @349.85. This is a Buy Stop order right above the resistance zone. | An exit @334.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 14.87 points, which is 4.25%. | For a 1.00% total portfolio risk, you can invest 23.53% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ANSYS INC
NASDAQ:ANSS (11/21/2024, 8:12:21 PM)
After market: 348.94 0 (0%)348.94
+6.7 (+1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.96%
1 Week2.54%
2 Weeks-1.87%
1 Month8.58%
3 Month7.88%
6 Month5.38%
12 Month17.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)8.41
ATR(20)%2.3%
ATR Inc
Range Today7.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High353.91
10 Day Low331.5
20 Day High357.29
20 Day Low315.47
52 Week High364.31
52 Week Low275.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume636.50K
Volume Incr5.85%
Vol(5)494.66K
Vol(50)415.76K