| ANSS latest price $32.6800 (2.19%) ($31.7400 - $32.9200) on Tue. Jun. 2, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 79 |
Latest Price | $32.6800(2.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 2.7% a day on average for past five trading days. |
Weekly Trend | ANSS advances 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(71%) XLK(71%) SPY(69%) XLY(65%) IWM(62%) |
Factors Impacting ANSS price | ANSS will decline at least -1.455% 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 | -1.455% (StdDev 2.91%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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