| ANSS latest price $29.6500 (-0.3%) ($29.1500 - $30.4200) on Fri. Dec. 19, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 65 |
Latest Price | $29.6500(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.6% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.3% 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 -2.745% 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 | -2.745% (StdDev 5.49%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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