| ANSS latest price $45.6500 (1.13%) ($44.8800 - $45.8000) on Thu. May. 15, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 81 |
Latest Price | $45.6500(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 5.4% 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 -1.505% 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 | -1.505% (StdDev 3.01%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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