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Ansys Inc Bullish Moving Average Crossover Alert (ANSS)

By Amy Schwartz

Today, shares of Ansys Inc (NASDAQ:ANSS) have advanced above their 10-day MA of $222.80 on a volume of 115K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Ansys Inc share prices have moved between a 52-week high of $299.06 and a 52-week low of $174.25 and are now trading 33% above that low price at $231.48 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.9% while the 200-day MA has risen 0.2%.

SmarTrend is monitoring the recent change of momentum in Ansys Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ansys Inc in search of a potential trend change.

Keywords: moving crosses ansys inc

Ticker(s): ANSS