| ANSS latest price $35.4100 (3.63%) ($34.0500 - $36.1200) on Mon. Oct. 1, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.62% (three month average) |
RSI | 59 |
Latest Price | $35.4100(3.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.6% 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(72%) XLK(71%) SPY(69%) IWM(65%) XLY(65%) |
Factors Impacting ANSS price | ANSS will decline at least -1.31% in a week (0% probabilities). TLT(-23%) SHY(-18%) TIP(-9%) GLD(0%) LQD(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.31% (StdDev 2.62%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
| |
|
|