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Uptrend Broken SupportArchive - 6/20/2025 - 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 the negative week for the ANSYS Inc. (ANSS). During the week, the ANSS gave back -3.05 points, or -0.90%, and closed at 334.96 on Friday, June 20, 2025. Weekly volume was 43% above average. ANSS is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
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 uptrend support line (339.50) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ANSS may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support 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 234.59 and resistance is at 353.27. 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 link to access Lane's Stochastic help. The weekly MACD line is above its signal line since May 9, 2025. 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 May 29, 2025 at 321.60 and reached 349.00 on June 11, 2025. ANSS gained -27.40 points, or -8.52%, in 13 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (365.48) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ANSS may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See ANSS daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is below its signal line since June 12, 2025. A Parabolic SAR (stop and reversal) indicator (334) comes close to the price (334.96). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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