| ANSS latest price $97.4900 (0.8%) ($96.1800 - $97.5500) on Wed. Aug. 17, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 79 |
Latest Price | $97.4900(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.3% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -0.645% in a week (0% probabilities). VIXM(-16%) UUP(-15%) TLT(-9%) IPO(-6%) IBUY(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.645% (StdDev 1.29%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|