| ANSS latest price $28.9600 (9.74%) ($25.7300 - $29.0300) on Fri. Dec. 5, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.48% (three month average) |
RSI | 52 |
Latest Price | $28.9600(9.74%) |
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 -0.3% 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(70%) XLY(67%) IWM(64%) |
Factors Impacting ANSS price | ANSS will decline at least -2.74% in a week (0% probabilities). TLT(-21%) SHY(-9%) TIP(-3%) 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 | -2.74% (StdDev 5.48%) |
Hourly BBV | 0 () |
Intraday Trend | 6.7% |
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