| ANSS latest price $23.3700 (2.59%) ($22.8300 - $23.4200) on Thu. Aug. 31, 2006. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 43 |
Latest Price | $23.3700(2.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 0.7% a day on average for past five trading days. |
Weekly Trend | ANSS declines -3.4% 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(70%) XLK(70%) SPY(67%) IWM(64%) XLY(64%) |
Factors Impacting ANSS price | ANSS will decline at least -1.41% in a week (0% probabilities). TLT(-23%) SHY(-17%) TIP(-9%) GLD(1%) LQD(13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.41% (StdDev 2.82%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
| |
|
|