| ANSS latest price $26.5600 (2%) ($25.6600 - $26.8200) on Wed. Aug. 1, 2007. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 40 |
Latest Price | $26.5600(2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.8% 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(71%) SPY(68%) IWM(65%) XLY(65%) |
Factors Impacting ANSS price | ANSS will decline at least -0.725% in a week (0% probabilities). TLT(-23%) SHY(-17%) TIP(-9%) GLD(0%) LQD(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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