| ANSS latest price $21.3400 (-1.79%) ($21.1100 - $21.7200) on Fri. Jul. 21, 2006. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 31 |
Latest Price | $21.3400(-1.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.8% a day on average for past five trading days. |
Weekly Trend | ANSS declines -4.7% 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 -1.155% in a week (0% probabilities). TLT(-22%) SHY(-16%) TIP(-9%) REMX(0%) GLD(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.155% (StdDev 2.31%) |
Hourly BBV | 0 () |
Intraday Trend | -1.2% |
| |
|
|