| ANSS latest price $29.8200 (1.43%) ($29.1900 - $29.9900) on Fri. May. 29, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 72 |
Latest Price | $29.8200(1.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.3% 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(71%) XLK(71%) SPY(69%) XLY(65%) IWM(62%) |
Factors Impacting ANSS price | ANSS will decline at least -1.45% in a week (0% probabilities). TLT(-21%) SHY(-10%) TIP(-3%) IGOV(3%) GLD(4%) |
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 | -1.45% (StdDev 2.9%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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