USA - NASDAQ:ANSS - US03662Q1058 - Common Stock
Overall ANSS gets a technical rating of 8 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.
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.
284.33
When analyzing the support we can see 3 important areas.
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. |
374.3
-18.42 (-4.69%)
ChartMill assigns a technical rating of 8 / 10 to ANSS.
The current trend direction for ANSYS INC (ANSS) is Bullish.
ANSYS INC (ANSS) has an RSI value of 62.4073. This indicates that the stock is currently neutral.
The buy/sell signal for ANSYS INC (ANSS) is buy as both the short term and long term trends are positive.
ANSYS INC (ANSS) has a support level at 356.87. Check the full technical report for our detailed analysis of ANSS support and resistance levels.