When the Price of Ansys $ANSS Talks, People Listen
September 15, 2023, 10:00 am ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ANSS
- Buy ANSS slightly over 312.76 target 340.14 stop loss @ 311.86 Details
The technical summary data tells us to buy ANSS near 312.76 with an upside target of 340.14. This data also tells us to set a stop loss @ 311.86 to protect against excessive loss in case the stock begins to move against the trade. 312.76 is the first level of support below 314 , and by rule, any test of support is a buy signal. In this case, support 312.76 would be being tested, so a buy signal would exist.
- Short ANSS slightly under 340.14, target 312.76, stop loss @ 341.12 Details
The technical summary data is suggesting a short of ANSS as it gets near 340.14 with a downside target of 312.76. We should have a stop loss in place at 341.12though. 340.14 is the first level of resistance above 314, and by rule, any test of resistance is a short signal. In this case, if resistance 340.14 is being tested, so a short signal would exist.
Swing Trading Plans for ANSS
- Buy ANSS slightly over 315.80, target 325.78, Stop Loss @ 314.89 Details
If 315.80 begins to break higher, the technical summary data tells us to buy ANSS just slightly over 315.80, with an upside target of 325.78. The data also tells us to set a stop loss @ 314.89 in case the stock turns against the trade. 315.80 is the first level of resistance above 314, and by rule, any break above resistance is a buy signal. In this case, 315.80, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ANSS slightly near 315.80, target 312.76, Stop Loss @ 316.71. Details
The technical summary data is suggesting a short of ANSS if it tests 315.80 with a downside target of 312.76. We should have a stop loss in place at 316.71 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 315.80, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for ANSS
- Buy ANSS slightly over 315.80, target 316.63, Stop Loss @ 315.06 Details
If 315.80 begins to break higher, the technical summary data tells us to buy ANSS just slightly over 315.80, with an upside target of 316.63. The data also tells us to set a stop loss @ 315.06 in case the stock turns against the trade. 315.80 is the first level of resistance above 314, and by rule, any break above resistance is a buy signal. In this case, 315.80, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ANSS slightly near 315.80, target 312.76, Stop Loss @ 316.54. Details
The technical summary data is suggesting a short of ANSS if it tests 315.80 with a downside target of 312.76. We should have a stop loss in place at 316.54 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 315.80, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Ansys (ANSS) available here: ANSS.
ANSS Ratings for September 15:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Strong |
Strong |
| P1 |
0 |
0 |
312.76 |
| P2 |
312.07 |
315.80 |
340.14 |
| P3 |
316.63 |
325.78 |
367.80 |
AI Generated Signals for ANSS
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Ansys (NASDAQ: ANSS) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for ANSS can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ANSS:
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