| ANSS latest price $28.4900 (-0.49%) ($27.4700 - $28.9900) on Mon. Nov. 3, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 44 |
Latest Price | $28.4900(-0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 3.3% a day on average for past five trading days. |
Weekly Trend | ANSS declines -2.9% 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(71%) SPY(69%) XLY(67%) IWM(65%) |
Factors Impacting ANSS price | ANSS will decline at least -2.21% in a week (0% probabilities). TLT(-22%) SHY(-10%) TIP(-4%) GLD(5%) LQD(11%) |
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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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