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Application Software Industry Stocks Technical Analysis - ANSSArchive - 5/2/2025 - Sign In to see current Signals. |
ANSYS Inc. (ANSS) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the ANSYS Inc. (ANSS). During the week, the ANSS gained 8.06 points, or 2.51%, and closed at 328.76 on Friday, May 2, 2025. Weekly volume was 32% above average.
Long-term trend: [See ANSS long-term trend chart] A long-term uptrend had started on October 13, 2022 at 194.23 and reached 364.31 on December 29, 2023. ANSS gained -170.08 points, or -87.57%, in 63 weeks. The chart has formed a Rising Wedge chart pattern. The price is near the trend support (332.47) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
Medium-term trend: [See ANSS medium-term trend chart] A medium-term downtrend had started on December 4, 2024 at 363.03 and reached 275.10 on April 7, 2025. ANSS lost 87.93 points, or 24.22%, in 17 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 260.80 and resistance is at 355.68. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ANSS weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 14, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See ANSS short-term trend chart] A short-term uptrend had started on April 7, 2025 at 275.10 and reached 328.96 on May 2, 2025. ANSS gained -53.86 points, or -19.58%, in 25 days. Price is near the trend high.
Daily Technical Indicators: [See ANSS daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The daily MACD line is above its signal line since April 15, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Information Technology |
4 |
Industry |
Application Software |
65 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
275.10 |
Low Date |
04/07/2025 |
High |
328.96 |
High Date |
05/02/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
360.70 |
High Date |
01/23/2025 |
Low |
275.10 |
Low Date |
04/07/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Broadening Descending Wedge |
Status |
Valid |
Resistance |
355.68 |
Support |
260.80 |
High |
363.03 |
High Date |
12/04/2024 |
Low |
275.10 |
Low Date |
04/07/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
289.82 |
Low Date |
08/05/2024 |
High |
363.03 |
High Date |
12/04/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Wedge |
Status |
Test Support |
Resistance |
402.75 |
Support |
332.47 |
Low |
194.23 |
Low Date |
10/13/2022 |
High |
364.31 |
High Date |
12/29/2023 |
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