| ANSS latest price $64.4500 (-1%) ($64.3100 - $65.9700) on Thu. Jun. 7, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.82% (three month average) |
RSI | 61 |
Latest Price | $64.4500(-1%) |
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 1.4% 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(65%) IWM(60%) |
Factors Impacting ANSS price | ANSS will decline at least -0.91% in a week (0% probabilities). TLT(-14%) SHY(-5%) IGOV(-1%) GLD(1%) TIP(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 | -0.91% (StdDev 1.82%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
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