| ANSS latest price $41.5600 (6.4%) ($40.1200 - $41.6400) on Thu. Oct. 8, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 63 |
Latest Price | $41.5600(6.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 2.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.6% 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 -1.26% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.26% (StdDev 2.52%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
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