| ANSS latest price $10.9400 (-1.71%) ($10.7400 - $11.1400) on Tue. Jan. 13, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 69 |
Latest Price | $10.9400(-1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.9% 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 -1.26% 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 | -1.26% (StdDev 2.52%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
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