| ANSS latest price $95.9300 (0.83%) ($93.7500 - $95.9500) on Wed. Aug. 10, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 77 |
Latest Price | $95.9300(0.83%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -0.65% 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 | -0.65% (StdDev 1.3%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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