| ANSS latest price $49.1400 (2.42%) ($48.2500 - $49.1900) on Mon. Oct. 10, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 40 |
Latest Price | $49.1400(2.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.1% a day on average for past five trading days. |
Weekly Trend | ANSS declines -2.3% 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(72%) QQQ(71%) SPY(69%) XLY(65%) IWM(61%) |
Factors Impacting ANSS price | ANSS will decline at least -1.34% in a week (0% probabilities). TLT(-17%) SHY(-5%) TIP(1%) 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 | -1.34% (StdDev 2.68%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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