| ANSS latest price $25.2700 (11.67%) ($24.5700 - $25.9600) on Thu. Nov. 2, 2006. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 71 |
Latest Price | $25.2700(11.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.3% 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(71%) XLK(70%) SPY(67%) IWM(64%) XLY(64%) |
Factors Impacting ANSS price | ANSS will decline at least -1.35% in a week (0% probabilities). TLT(-23%) SHY(-17%) TIP(-9%) GLD(1%) LQD(13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.35% (StdDev 2.7%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
| |
|
|