| ANSS latest price $45.8800 (1.96%) ($44.0200 - $46.3700) on Thu. Jul. 31, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 65 |
Latest Price | $45.8800(1.96%) |
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 1.3% 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(73%) XLK(72%) SPY(70%) XLY(67%) IWM(66%) |
Factors Impacting ANSS price | ANSS will decline at least -1.175% 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 | -1.175% (StdDev 2.35%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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