| ANSS latest price $17.2200 (2.2%) ($16.6300 - $17.3000) on Thu. May. 19, 2005. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 75 |
Latest Price | $17.2200(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.8% 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(69%) XLK(68%) SPY(66%) IWM(64%) XLY(63%) |
Factors Impacting ANSS price | ANSS will decline at least -1.22% in a week (0% probabilities). TLT(-22%) SHY(-16%) TIP(-8%) REMX(1%) GLD(2%) |
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 | -1.22% (StdDev 2.44%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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