| ANSS latest price $38.2100 (-0.86%) ($37.8000 - $38.3400) on Mon. Sep. 21, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.59% (three month average) |
RSI | 78 |
Latest Price | $38.2100(-0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 4.4% 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(63%) |
Factors Impacting ANSS price | ANSS will decline at least -1.295% in a week (0% probabilities). TLT(-21%) SHY(-9%) TIP(-3%) IGOV(3%) GLD(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.295% (StdDev 2.59%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
| |
|
|