| ANSS latest price $11.9700 (1.87%) ($11.3900 - $11.9800) on Fri. Jun. 25, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 70 |
Latest Price | $11.9700(1.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.6% 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) QQQ(68%) XLK(67%) SPY(65%) IWM(63%) XLY(62%) |
Factors Impacting ANSS price | ANSS will decline at least -1% in a week (0% probabilities). TLT(-21%) SHY(-16%) TIP(-9%) REMX(0%) LQD(12%) |
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 | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
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