ANSYS INC (ANSS) Technical Analysis
NASDAQ:ANSS • US03662Q1058
Current stock price
374.3 USD
-18.42 (-4.69%)
At close:
388.21 USD
+13.91 (+3.72%)
After Hours:
ANSS Technical Rating and Analysis
Taking everything into account, ANSS scores 8 out of 10 in our technical rating. 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 one of the better performing stocks in the Software industry, it outperforms 90% of 271 stocks in the same industry.
- ANSS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ANSS has a been trading in the 330.11 - 395.49 range, which is quite wide. It is currently trading near the high of this range.
- ANSS has an average volume of 1215960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that ANSS is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- Volume is considerably higher in the last couple of days.
ANSS Weekly and Daily overview Charts
ANSS Setup Rating and Analysis
Although ANSS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ANSS Support and Resistance Analysis
284.33
378.04
We found 3 important support areas.
- A support zone ranging from 346.06 to 356.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 328.73 to 330.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 287.20 to 290.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.
ANSS Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ANSS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANSS is up. |
| ChartMill Relative Strength | 79.7 | POSITIVE | ANSS has a high relative strength, it outperformed 79.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANSS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANSS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANSS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.41 | NEUTRAL | The RSI value for ANSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.63 | POSITIVE | The MACD value suggests ANSS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.83 | OVERBOUGHT | The high Stochastics value suggests ANSS may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for ANSS suggests some volalility. |
| Average Directional Index/ADX (14) | 32.73 | POSITIVE | The high ADX value value for ANSS suggests a strong trend. |
ANSS Chart- and CandleStick Pattern Analysis
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)
ANSS Technicals: Chart, Performance Metrics, Trend & Indicators
374.3
-18.42 (-4.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.69%
1 Week2.03%
2 Weeks5.99%
1 Month10.42%
3 Month23.64%
6 Month6.96%
12 Month19%
2 Year9.41%
3 Year34.16%
5 Year20.51%
10 Year297.56%
15 Year732.7%
Volatility
ATR(14)9.28
ATR(20)%2.15%
ATR Inc75.41%
Range Today20.7
ADR(20)7.02
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.7
3 months CRSN/A
6 months CRSN/A
Mansfield0.45
10 Day High395.49
10 Day Low346.87
20 Day High395.49
20 Day Low330.11
52 Week High395.49
52 Week Low275.06
CS1 End356.87
CR1 StartN/A
Volume & EV
DER(3)-19.56%
DER(5)-11.83%
Volume18.89M
Volume Incr888.52%
Vol(5)5.73M
Vol(50)1.22M
ANSYS INC / ANSS TA FAQ
What is the technical rating for ANSS stock?
ChartMill assigns a technical rating of 8 / 10 to ANSS.
Can you provide the trend direction for ANSYS INC?
The current trend direction for ANSYS INC (ANSS) is Bullish.
What is the RSI signal for ANSS stock?
ANSYS INC (ANSS) has an RSI value of 62.4073. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ANSYS INC?
The MACD indicator for ANSYS INC (ANSS) has a value of 2.62603, indicating a bullish trend.
What is the buy/sell signal for ANSS stock?
The buy/sell signal for ANSYS INC (ANSS) is buy as both the short term and long term trends are positive.