| ANSS latest price $13.3100 (-3.2%) ($13.3100 - $13.8600) on Thu. Oct. 7, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.36% (three month average) |
RSI | 69 |
Latest Price | $13.3100(-3.2%) |
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 4.5% 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 -1.18% 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 | -1.18% (StdDev 2.36%) |
Hourly BBV | 0 () |
Intraday Trend | -3.8% |
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