| ANSS latest price $29.1500 (-2.12%) ($29.0900 - $30.5000) on Tue. Dec. 9, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 51 |
Latest Price | $29.1500(-2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.7% 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 -2.75% in a week (0% probabilities). TLT(-21%) SHY(-10%) 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 | -2.75% (StdDev 5.5%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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