| ANSS latest price $27.9000 (2.42%) ($26.3200 - $27.9600) on Wed. Dec. 3, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.3% (three month average) |
RSI | 54 |
Latest Price | $27.9000(2.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -0.4% 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(70%) XLY(67%) IWM(65%) |
Factors Impacting ANSS price | ANSS will decline at least -2.65% in a week (0% probabilities). TLT(-21%) SHY(-10%) TIP(-4%) GLD(4%) 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 | -2.65% (StdDev 5.3%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
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