| ANSS latest price $38.8200 (-0.97%) ($38.1900 - $39.6000) on Thu. Nov. 29, 2007. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 57 |
Latest Price | $38.8200(-0.97%) |
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(72%) XLK(71%) SPY(69%) IWM(66%) XLY(66%) |
Factors Impacting ANSS price | ANSS will decline at least -1.335% in a week (0% probabilities). TLT(-23%) SHY(-17%) TIP(-9%) GLD(0%) LQD(15%) |
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 | -1.335% (StdDev 2.67%) |
Hourly BBV | 0 () |
Intraday Trend | -1.8% |
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