| ANSS latest price $13.7500 (5.12%) ($12.9300 - $13.7500) on Wed. Oct. 6, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 76 |
Latest Price | $13.7500(5.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 2.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.6% 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(68%) XLK(67%) SPY(65%) IWM(63%) XLY(62%) |
Factors Impacting ANSS price | ANSS will decline at least -1.16% in a week (0% probabilities). TLT(-21%) SHY(-16%) TIP(-9%) REMX(1%) 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 | -1.16% (StdDev 2.32%) |
Hourly BBV | 0 () |
Intraday Trend | 6.2% |
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