| ANSS latest price $94.8400 (2.2%) ($90.0200 - $94.8800) on Fri. Aug. 5, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.31% (three month average) |
RSI | 63 |
Latest Price | $94.8400(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.2% a day on average for past five trading days. |
Weekly Trend | ANSS advances 0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -0.655% in a week (0% probabilities). VIXM(-17%) UUP(-15%) TLT(-9%) IPO(-6%) SHY(-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 | -0.655% (StdDev 1.31%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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