| ANSS latest price $50.5200 (1.75%) ($49.0900 - $50.8100) on Fri. Aug. 12, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 45 |
Latest Price | $50.5200(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.4% a day on average for past five trading days. |
Weekly Trend | ANSS declines -3% 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(62%) |
Factors Impacting ANSS price | ANSS will decline at least -1.025% in a week (0% probabilities). TLT(-19%) SHY(-5%) TIP(-1%) IGOV(2%) GLD(2%) |
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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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