| ANSS latest price $10.0700 (2.23%) ($9.7800 - $10.0700) on Thu. Oct. 16, 2003. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 70 |
Latest Price | $10.0700(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) QQQ(67%) XLK(67%) SPY(64%) IWM(63%) XLY(61%) |
Factors Impacting ANSS price | ANSS will decline at least -1.285% in a week (0% probabilities). TLT(-21%) SHY(-16%) REMX(0%) LQD(11%) OIH(35%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.285% (StdDev 2.57%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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