| ANSS latest price $49.9200 (-2%) ($49.5000 - $51.5500) on Wed. Aug. 17, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 48 |
Latest Price | $49.9200(-2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.5% 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(67%) IWM(63%) |
Factors Impacting ANSS price | ANSS will decline at least -1.04% 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 | -1.04% (StdDev 2.08%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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