| ANSS latest price $24.5400 (2.94%) ($23.7500 - $24.7900) on Mon. Jan. 29, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 73 |
Latest Price | $24.5400(2.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.9% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.2% 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(71%) XLK(70%) SPY(68%) IWM(65%) XLY(64%) |
Factors Impacting ANSS price | ANSS will decline at least -1.055% in a week (0% probabilities). TLT(-23%) SHY(-17%) TIP(-9%) GLD(1%) LQD(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
| |
|
|