| ANSS latest price $69.4900 (2.27%) ($67.8300 - $69.6600) on Tue. Aug. 28, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 69 |
Latest Price | $69.4900(2.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% 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) XLK(73%) QQQ(72%) SPY(69%) XLY(66%) IWM(61%) |
Factors Impacting ANSS price | ANSS will decline at least -1.125% in a week (0% probabilities). TLT(-14%) 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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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