| ANSS latest price $52.9400 (-0.08%) ($52.8500 - $53.6400) on Tue. Dec. 21, 2010. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 72 |
Latest Price | $52.9400(-0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.5% 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(70%) XLY(66%) IWM(63%) |
Factors Impacting ANSS price | ANSS will decline at least -0.75% 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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
| |
|
|