| ANSS latest price $44.9600 (-1.51%) ($44.0000 - $45.9500) on Fri. May. 16, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 78 |
Latest Price | $44.9600(-1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% a day on average for past five trading days. |
Weekly Trend | ANSS advances 5% 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 -1.5% 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 | -1.5% (StdDev 3%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
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