| ANSS latest price $43.7400 (0.62%) ($43.5800 - $44.9000) on Mon. May. 5, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 74 |
Latest Price | $43.7400(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.9% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.3% 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(72%) SPY(69%) IWM(66%) XLY(66%) |
Factors Impacting ANSS price | ANSS will decline at least -1.58% in a week (0% probabilities). TLT(-23%) SHY(-15%) TIP(-7%) GLD(1%) LQD(16%) |
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 | -1.58% (StdDev 3.16%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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