| ANSS latest price $67.5400 (-0.25%) ($67.3500 - $68.4300) on Mon. Aug. 6, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 88 |
Latest Price | $67.5400(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 2.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 6.4% 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) XLK(72%) QQQ(71%) SPY(69%) XLY(65%) IWM(60%) |
Factors Impacting ANSS price | ANSS will decline at least -1.15% in a week (0% probabilities). TLT(-13%) SHY(-5%) IGOV(-2%) 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 | -1.15% (StdDev 2.3%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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