| ANSS latest price $40.2300 (1.85%) ($39.0800 - $41.0300) on Wed. Apr. 30, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.12% (three month average) |
RSI | 65 |
Latest Price | $40.2300(1.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.6% 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 -1.56% in a week (0% probabilities). TLT(-23%) SHY(-15%) TIP(-7%) 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 | -1.56% (StdDev 3.12%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|