| ANSS latest price $76.2400 (-0.34%) ($75.6300 - $77.1200) on Tue. Apr. 29, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 58 |
Latest Price | $76.2400(-0.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 1.2% 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%) VT(69%) XLY(67%) |
Factors Impacting ANSS price | ANSS will decline at least -0.635% in a week (0% probabilities). TLT(-13%) UUP(-10%) SHY(-5%) IGOV(-2%) GDXJ(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.635% (StdDev 1.27%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|