| ANSS latest price $35.3500 (-2.05%) ($35.1700 - $36.8200) on Wed. Jan. 30, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 38 |
Latest Price | $35.3500(-2.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.9% a day on average for past five trading days. |
Weekly Trend | ANSS declines -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(72%) SPY(69%) IWM(66%) XLY(66%) |
Factors Impacting ANSS price | ANSS will decline at least -1.255% in a week (0% probabilities). TLT(-23%) SHY(-17%) TIP(-8%) GLD(0%) LQD(16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.255% (StdDev 2.51%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
| |
|
|