ANSYS INC (ANSS) Stock Technical Analysis
NASDAQ:ANSS - Nasdaq - US03662Q1058 - Common Stock - Currency: USD
Overall ANSS gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ANSS is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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.
When compared to the yearly performance of all other stocks, ANSS outperforms 49% of them, which is more or less in line with the market.
ANSS is an average performer in the Software industry, it outperforms 45% of 284 stocks in the same industry.
In the last month ANSS has a been trading in the 334.89 - 360.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, ANSS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 346.68, a Stop Loss order could be placed below this zone.
More info and screens
299.19
365.07
When analyzing the support we can see 5 important areas.
- A support zone ranging from 339.70 to 346.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 332.38 to 333.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @323.46 from a trend line in the weekly time frame.
- Support @314.53 from a horizontal line in the daily time frame.
- Support @302.21 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 351.16 to 361.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.05
Mansfield-0.36
10 Day High360.67
10 Day Low342.84
20 Day High360.67
20 Day Low334.89
52 Week High363.03
52 Week Low289.82
Performance
1 Week-0.93%
2 Weeks-1.45%
1 Month2.54%
3 Month1.4%
6 Month11.51%
12 Month1.37%
2 Year14.28%
3 Year7.02%
5 Year43.26%
10 Year303.58%
15 Year691.06%
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)-0.38
RSI(14)50.76
LBB340.06
UBB360.09
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 |
|---|---|---|---|
| 351.17 | 342.83 | 8.34 (2.37%) | 25.00% |
| An entry @351.17. This is a Buy Stop order right above the 10 day moving average. | An exit @342.83. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.34 points, which is 2.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- The distance between exit and entry is rather small compared to the average daily movement of ANSS. Please evaluate whether better entry and exit points can be found.
- 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 (2/4/2025, 8:26:41 PM)
After market: 346.96 0 (0%)346.96
+0.18 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.05%
1 Week-0.93%
2 Weeks-1.45%
1 Month2.54%
3 Month1.4%
6 Month11.51%
12 Month1.37%
2 Year14.28%
3 Year7.02%
5 Year43.26%
10 Year303.58%
15 Year691.06%
Volatility
ATR(14)6.4
ATR(20)%1.77%
ATR Inc-8.83%
Range Today3.46
ADR(20)5.46
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.05
Mansfield-0.36
10 Day High360.67
10 Day Low342.84
20 Day High360.67
20 Day Low334.89
52 Week High363.03
52 Week Low289.82
CS1 End346.68
CR1 Start351.16
Volume & EV
DER(3)2.35%
DER(5)0.84%
Volume566.30K
Volume Incr-9.1%
Vol(5)408.48K
Vol(50)485.86K