| ANSS latest price $88.9300 (11.39%) ($80.8700 - $89.6000) on Thu. Aug. 1, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 83 |
Latest Price | $88.9300(11.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 2.5% a day on average for past five trading days. |
Weekly Trend | ANSS advances 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 -1.065% in a week (0% probabilities). TLT(-13%) SHY(-6%) IGOV(-3%) GLD(0%) 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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 0 () |
Intraday Trend | 9.8% |
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