| ANSS latest price $58.1500 (2.41%) ($56.9900 - $58.2900) on Thu. Jul. 19, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 42 |
Latest Price | $58.1500(2.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.5% a day on average for past five trading days. |
Weekly Trend | ANSS declines -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(60%) |
Factors Impacting ANSS price | ANSS will decline at least -1.095% in a week (0% probabilities). TLT(-14%) SHY(-5%) IGOV(-1%) GLD(1%) TIP(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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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