| ANSS latest price $52.6300 (2.23%) ($50.9400 - $52.9100) on Tue. Aug. 30, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 65 |
Latest Price | $52.6300(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.8% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.1% 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) QQQ(72%) XLK(72%) SPY(69%) XLY(66%) IWM(62%) |
Factors Impacting ANSS price | ANSS will decline at least -1.17% in a week (0% probabilities). TLT(-18%) SHY(-5%) TIP(-0%) IGOV(2%) GLD(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.17% (StdDev 2.34%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
| |
|
|