| ANSS latest price $29.7400 (0.54%) ($29.2600 - $30.1000) on Thu. Dec. 18, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.51% (three month average) |
RSI | 53 |
Latest Price | $29.7400(0.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.1% 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 -2.755% in a week (0% probabilities). TLT(-20%) SHY(-10%) TIP(-2%) GLD(3%) LQD(13%) |
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 | -2.755% (StdDev 5.51%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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