| ANSS latest price $29.5000 (-2.54%) ($29.0500 - $30.2300) on Tue. Nov. 11, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.62% (three month average) |
RSI | 59 |
Latest Price | $29.5000(-2.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 7.3% 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(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 | -1.8% |
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