| ANSS latest price $18.4100 (4.37%) ($17.5200 - $18.4300) on Thu. Jun. 16, 2005. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 79 |
Latest Price | $18.4100(4.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.6% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.6% 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(69%) XLK(68%) SPY(66%) IWM(64%) XLY(63%) |
Factors Impacting ANSS price | ANSS will decline at least -1.19% 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 | -1.19% (StdDev 2.38%) |
Hourly BBV | 0 () |
Intraday Trend | 4.3% |
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