| ANSS latest price $74.0400 (2.63%) ($72.5100 - $74.1700) on Thu. Jun. 27, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 48 |
Latest Price | $74.0400(2.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS declines -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(74%) QQQ(73%) SPY(70%) XLY(66%) IWM(61%) |
Factors Impacting ANSS price | ANSS will decline at least -0.88% in a week (0% probabilities). TLT(-13%) SHY(-5%) IGOV(-3%) GLD(1%) TIP(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.88% (StdDev 1.76%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
| |
|
|