| ANSS latest price $11.1300 (3.25%) ($10.6400 - $11.1400) on Mon. Jan. 12, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 67 |
Latest Price | $11.1300(3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.9% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.1% 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(68%) XLK(67%) SPY(65%) IWM(63%) XLY(62%) |
Factors Impacting ANSS price | ANSS will decline at least -1.255% in a week (0% probabilities). TLT(-21%) SHY(-15%) TIP(-8%) REMX(0%) LQD(12%) |
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 | -1.255% (StdDev 2.51%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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