| ANSS latest price $30.7600 (1.75%) ($29.7500 - $31.0600) on Mon. Aug. 6, 2007. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 80 |
Latest Price | $30.7600(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 3.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 5.8% 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 -1.08% 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 | -1.08% (StdDev 2.16%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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