| ANSS latest price $43.1500 (2.54%) ($41.1100 - $43.5800) on Tue. Jul. 15, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 40 |
Latest Price | $43.1500(2.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS declines -3.8% 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(73%) XLK(72%) SPY(69%) XLY(67%) IWM(66%) |
Factors Impacting ANSS price | ANSS will decline at least -1.21% in a week (0% probabilities). TLT(-23%) SHY(-15%) TIP(-6%) GLD(1%) LQD(17%) |
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 | -1.21% (StdDev 2.42%) |
Hourly BBV | 0 () |
Intraday Trend | 4.1% |
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