| ANSS latest price $55.0600 (6.6%) ($53.0500 - $55.1800) on Thu. Oct. 27, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.79% (three month average) |
RSI | 78 |
Latest Price | $55.0600(6.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.7% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.5% 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(72%) QQQ(71%) SPY(69%) XLY(65%) IWM(61%) |
Factors Impacting ANSS price | ANSS will decline at least -1.395% in a week (0% probabilities). TLT(-16%) SHY(-5%) TIP(1%) IGOV(1%) GLD(4%) |
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 | -1.395% (StdDev 2.79%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
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