| ANSS latest price $48.1700 (1.05%) ($47.4800 - $48.6600) on Tue. Nov. 9, 2010. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 82 |
Latest Price | $48.1700(1.05%) |
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 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) XLK(73%) QQQ(72%) SPY(69%) XLY(66%) IWM(63%) |
Factors Impacting ANSS price | ANSS will decline at least -0.815% in a week (0% probabilities). TLT(-19%) SHY(-6%) TIP(-1%) GLD(2%) IGOV(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.815% (StdDev 1.63%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|