| ANSS latest price $61.2600 (-0.13%) ($60.4800 - $61.3800) on Wed. Jan. 25, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 83 |
Latest Price | $61.2600(-0.13%) |
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 3.7% 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(68%) XLY(65%) IWM(60%) |
Factors Impacting ANSS price | ANSS will decline at least -1.045% in a week (0% probabilities). TLT(-15%) SHY(-5%) IGOV(-1%) TIP(2%) GLD(2%) |
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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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