| ANSS latest price $51.5200 (1.98%) ($50.2800 - $51.5800) on Mon. Aug. 15, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 46 |
Latest Price | $51.5200(1.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 2.3% a day on average for past five trading days. |
Weekly Trend | ANSS declines -1.3% 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(67%) IWM(63%) |
Factors Impacting ANSS price | ANSS will decline at least -1.03% 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 | -1.03% (StdDev 2.06%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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