| ANSS latest price $53.9800 (2.57%) ($52.1600 - $54.6700) on Wed. Aug. 31, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 61 |
Latest Price | $53.9800(2.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 2.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.9% 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 -1.185% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.185% (StdDev 2.37%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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