| ANSS latest price $89.2600 (0.19%) ($88.3000 - $89.4500) on Wed. Jul. 6, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 55 |
Latest Price | $89.2600(0.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.6% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) IVW(76%) IWF(76%) VUG(76%) QQQ(75%) XLK(75%) |
Factors Impacting ANSS price | ANSS will decline at least -0.8% in a week (0% probabilities). VIXM(-17%) UUP(-15%) TLT(-10%) IPO(-5%) SHY(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|