| ANSS latest price $63.0000 (4.15%) ($60.0800 - $63.0300) on Wed. Feb. 1, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 84 |
Latest Price | $63.0000(4.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.6% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.1% 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) XLK(72%) QQQ(71%) SPY(68%) XLY(65%) IWM(60%) |
Factors Impacting ANSS price | ANSS will decline at least -0.985% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.985% (StdDev 1.97%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
| |
|
|