| ANSS latest price $53.9700 (1.7%) ($52.6500 - $54.0200) on Thu. Sep. 15, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 70 |
Latest Price | $53.9700(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.8% a day on average for past five trading days. |
Weekly Trend | ANSS advances 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(61%) |
Factors Impacting ANSS price | ANSS will decline at least -1.235% 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 | -1.235% (StdDev 2.47%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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