| ANSS latest price $24.2000 (-1.47%) ($24.0600 - $24.6000) on Thu. Feb. 23, 2006. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 71 |
Latest Price | $24.2000(-1.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.8% a day on average for past five trading days. |
Weekly Trend | ANSS advances 7.2% 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(70%) XLK(69%) SPY(67%) IWM(64%) XLY(64%) |
Factors Impacting ANSS price | ANSS will decline at least -1.135% in a week (0% probabilities). TLT(-22%) SHY(-16%) TIP(-8%) REMX(0%) GLD(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.135% (StdDev 2.27%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
| |
|
|