| ANSS latest price $30.2700 (2.02%) ($29.9000 - $31.2600) on Mon. Nov. 10, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.62% (three month average) |
RSI | 52 |
Latest Price | $30.2700(2.02%) |
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 6% 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%) XLY(66%) IWM(64%) |
Factors Impacting ANSS price | ANSS will decline at least -2.31% in a week (0% probabilities). TLT(-22%) SHY(-10%) TIP(-4%) GLD(5%) LQD(12%) |
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 | -2.31% (StdDev 4.62%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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