| ANSS latest price $78.3500 (2.23%) ($76.2000 - $78.5900) on Thu. Jul. 11, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 69 |
Latest Price | $78.3500(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 2.9% 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 -0.86% in a week (0% probabilities). TLT(-13%) SHY(-6%) IGOV(-3%) GLD(0%) 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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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