| ANSS latest price $19.4500 (2.26%) ($19.0200 - $19.5500) on Wed. Nov. 2, 2005. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2% (three month average) |
RSI | 67 |
Latest Price | $19.4500(2.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.6% 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% in a week (0% probabilities). TLT(-22%) SHY(-16%) TIP(-9%) REMX(1%) GLD(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
| |
|
|